577 Richlands Way Active

Fate,TX 75087

$ 1150000

8 Beds

8 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Mark Crabtree Surv Abs #61

MLS Listing ID 20769264

Bedrooms 8

Full Baths 8

HOA Fees $180/mo

HOA Y/N Mandatory

Total Fin. Sqft 4100

Year Built 2024

Annual Tax Amount $7,047

Lot Size 2.390 Acres

Acres 2.39

Property Description

**INVESTORS** New Construction Luxury 4-Plex in heart of Fate Downtown. Four 2-Bed, 2-Bath, 1025sqft Units in a strong Rental market with explosive growth in Fate, Royse City. Quality Construction with Energy Efficient Wall Framing, Low-E Windows, Spray Foam Insulated, Fire Rated Walls between Units, Fire Alarm & Sprinkler Systems. Kitchens: Modern Euro Cabinetry, Quartz counters, Tiled backsplashes, Electric Appliances. Open Plans. Ensuite Bedrooms. Master Baths feature walk-in showers with tiled surround. Energy Efficient appliances & LED lights. Close to I-30, George Bush Tollway, Lake Ray Hobert, restaurants, Golf, Lakes etc. 4 of the 6 4-plex under contract !!! Ready by Dec'2024

Location

State TX

County Rockwall

Direction From I-30, take FM 551 N, make right on E Fate Pl

Interior

Interior Features Cable TV Available,Flat Screen Wiring,High Speed Internet Available,Multiple Staircases,Smart Home System

Heating Central,Electric

Cooling Ceiling Fan(s),Central Air,Electric

Flooring Luxury Vinyl Plank

Appliance Dishwasher,Electric Cooktop,Electric Range,Microwave,Refrigerator

Heat Source Central,Electric

Exterior

Utilities Available All Weather Road,Asphalt,City Sewer,City Water

Roof Type Asphalt,Other

Parking Type Common,On Street,Unassigned

Garage No

Building

Story Two

Foundation Slab

Level or Stories Two

Structure Type Brick,Stucco

Schools

Elementary Schools Vernon

Middle Schools Royse City

High Schools Royse City

School District Royse City Isd

Others

Ownership Ask Agent

Acceptable Financing Cash,Conventional,FHA

Listing Terms Cash,Conventional,FHA

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