**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
Sold
Price Unknown
405 Richlands Way, Fate, TX 75087
8beds
4,100sqft
Quadruplex, Multi Family, Multi Family
Built in 2024
-- sqft lot
$1,167,000 Zestimate®
$--/sqft
$1,744 Estimated rent
Home value
$1,167,000
$1.06M - $1.30M
$1,744/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Vic Reddy Pasham 0638106 469-280-0008,
Colleen Frost Real Estate Serv 469-280-0008
Bought with:
Non-Mls Member
NON MLS
Source: NTREIS,MLS#: 20769301
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Dishwasher, Electric Cooktop, Electric Range, Microwave, Refrigerator
Features
- High Speed Internet, Multiple Staircases, Smart Home, Cable TV, Wired for Sound
- Flooring: Luxury Vinyl Plank
Interior area
- Total structure area: 4,100
- Total interior livable area: 4,100 sqft
Property
Parking
- Total spaces: 10
- Parking features: Common, On Street, Unassigned
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 2.39 Acres
Details
- Parcel number: 000000010558
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family, Multi Family
Materials
- Brick, Stucco
- Foundation: Slab
- Roof: Asphalt,Other
Condition
- New construction: Yes
- Year built: 2024
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available, Cable Available
Green energy
- Energy efficient items: Appliances, Insulation
- Water conservation: Water-Smart Landscaping
Community & HOA
Community
- Security: Security System
- Subdivision: Mark Crabtree Surv Abs #61
HOA
- Has HOA: Yes
- Services included: Association Management, Maintenance Structure
- HOA fee: $180 monthly
- HOA name: FREIT HOA
- HOA phone: 972-100-1000
Location
- Region: Fate
Financial & listing details
- Annual tax amount: $7,047
- Date on market: 11/2/2024
- Cumulative days on market: 90 days
- Listing terms: Cash,Conventional,FHA
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 4/14/2026 | Listing removed | $1,700 |
Source: Zillow Rentals Report a problem | ||
| 5/4/2025 | Listed for rent | $1,700 |
Source: Zillow Rentals Report a problem | ||
| 12/9/2024 | Sold | -- |
Source: NTREIS #20769301 Report a problem | ||
| 11/19/2024 | Pending sale | $1,150,000$280/sqft |
Source: NTREIS #20769301 Report a problem | ||
| 11/2/2024 | Listed for sale | $1,150,000$280/sqft |
Source: NTREIS #20769301 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 75087
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Nearby schools
GreatSchools rating
- 4/10Harry Herndon Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 6/10Bobby Summers MiddleGrades: 6-8Distance: 0.9 mi
- 5/10Royse City High SchoolGrades: 9-12Distance: 5.5 mi
Schools provided by the listing agent
- Elementary: Vernon
- Middle: Royse City
- High: Royse City
- District: Royse City ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,167,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,167,000
- Texas
- Rockwall County
- Fate
- 75087
- 405 Richlands Way
