8 Beds
8 Baths
4,100 SqFt
8 Beds
8 Baths
4,100 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,100 sqft
Price per Sqft $282
Subdivision Richlands Plaza
MLS Listing ID 21274734
Bedrooms 8
Full Baths 8
HOA Fees $1,385/qua
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
Located in one of the fastest-growing areas of Fate, this property sits near major local growth and future commercial development, including the planned Fate Yards project at Memorial Parkway and I-30. Fate Yards is expected to bring a large-scale entertainment, dining, retail, office, hospitality, gym, movie theater, greenspace, and restaurant destination to the area, further supporting long-term rental demand and neighborhood convenience.
With stabilized income, full occupancy, and proximity to I-30, George Bush Turnpike access, Lake Ray Hubbard, shopping, dining, and future commercial amenities, this is an excellent turnkey investment opportunity in the path of growth. Buyer and buyer's agent to verify all development plans, timelines, tenants, approvals, and future area improvements.
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 Richland Plaza 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
Nearby Locations
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