BEDS8
BATHS8 full
SQUARE FEET2
MLS#21274734
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONRichlands Plaza
SCHOOLRoyse City ISD
Property Description
Investor Opportunity in Downtown Fate! Fully leased 4-plex featuring four spacious 2-bedroom, 2-bath units, each approximately 1,025 sqft. Built with quality construction and modern finishes, including Euro-style cabinetry, quartz countertops, tiled backsplashes, electric appliances, open floor plans, ensuite bedrooms, walk-in showers with tiled surrounds, Low-E windows, spray foam insulation, fire-rated walls between units, and energy-efficient appliances and LED lighting. Located in the heart of growing Fate, close to I-30, George Bush Turnpike access, Lake Ray Hubbard, restaurants, shopping, golf, and local amenities. Strong rental market, stabilized income, and fully occupied—an excellent turnkey investment property.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s), Central Air, Electric
Heating: Central, Electric
Lot Size: 0.13 Acres
Roof Type: Asphalt, Other
Year Built: 2024
Amenities
Cable TV Available
Flat Screen Wiring
High Speed Internet Available
Multiple Staircases
Smart Home System
Feature Descriptions
Appliances: Dishwasher, Electric Cooktop, Electric Range, Microwave, Refrigerator
Exterior: Brick, Stucco
Flooring: Luxury Vinyl Plank
HOA Fee: 180/ Monthly
Parcel#: 000000336209
Parking: Common, On Street, Unassigned
Parking Notes: Common, On Street, Unassigned
Units: 4
Utilities: All Weather Road, Asphalt, City Sewer, City Water
Local Schools
Elementary School: Vernon
School District: Royse City ISD
Listed By / Shown By
Listed By
Agency Name: Monument Realty
Agency Contact: 714-580-6346
Agent Name: Chaz Cameli
Shown By
Agent Name: Kimberly Lynn
Agent Phone: Cell: (859) 509-6511
Agency Title: Kelly, Realtors
Estimate Your Payment
Estimated Payment
$ 3,008.09 per month $2,659.55 Principal & Interest $0.00 Property Tax (data not provided by mls) $348.54 Homeowner's InsuranceChange Payment Information
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577 Richlands Way | MLS# 21274734
This multi-family property located at 577 Richlands Way , Fate, TX 75087 is currently listed for sale with an asking price of $1,195,000. Richlands Way is located within the Royse City ISD school district. Search Fate real estate on kimberlylynn.kellyrealtors.com today.