577 Richlands WAY, Fate, TX 75087
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577 Richlands WAY, Fate, TX 75087
577 Richlands WAY, Fate, TX 75087
577 Richlands WAY, Fate, TX 75087
577 Richlands WAY, Fate, TX 75087
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Alex Piech

Alex Piech

+1(469) 885-0435
$ 1,195,000
Est. payment /mo
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577 Richlands WAY Fate, TX 75087

8 Beds

8 Baths

4,100 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,100 sqft

Price per Sqft $291

Subdivision Richlands Plaza

MLS Listing ID 21274734

Bedrooms 8

Full Baths 8

HOA Fees $180/mo

HOA Y/N Yes

Year Built 2024

Annual Tax Amount $10,916

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Quadruplex

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.

Location

State TX

County Rockwall

Direction GPS

Interior

Interior Features High Speed Internet, Multiple Staircases, Smart Home, Cable TV, Wired for Sound

Heating Central, Electric

Cooling Central Air, Ceiling Fan(s), Electric

Flooring Luxury Vinyl Plank

Fireplace No

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

Exterior

Parking Features Common, On Street, Unassigned

Pool None

Utilities Available Sewer Available, Water Available, Cable Available

Water Access Desc Public

Roof Type Asphalt,Other

Street Surface Asphalt

Road Frontage All Weather Road

Total Parking Spaces 10

Private Pool No

Building

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

Elementary Schools Vernon

Middle Schools Royse City

High Schools Royse City

School District Royse City Isd

Others

HOA Name FREIT HOA

HOA Fee Include Association Management,Maintenance Structure

Tax ID 000000336209

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21274734

Alex Piech
Alex Piech

Agent | License ID: 0642796

+1(469) 885-0435 | alex.piech@exprealty.com

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