Skip main navigation
Off market
Street View
  • $269,300

    550 Laurel Ln, Fate, TX 75087

    3beds
    1,519sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $269,300 Zestimate®
    $177/sqft
    $1,909 Estimated rent

    Home value

    $269,300

    $256,000 - $283,000

    $1,909/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $1,909/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $1,909/mo

    Rent Zestimate®

    Refinance and save

    $1,850/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $1,850/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Updated 3-BR, 2-BA Single-Family Home in Fate, TX Top Schools!Welcome to your move-in ready home! Nestled in a peaceful, HOA-governed Fate neighborhood, this beautifully refreshed 3-bedroom, 2-bathroom home perfectly blends modern updates with unbeatable commuter convenience. Enjoy a light-filled open layout featuring neutral paint, updated flooring, and gorgeous, fully renovated luxury bathrooms. Property & Neighborhood Highlights: Modern Layout: Bright living and dining spaces flow effortlessly into a functional kitchen. Energy Efficient: Features a brand-new HVAC system to help keep your summer electricity bills low! Luxury Bathrooms: Both the primary en-suite and guest bathroom are completely remodeled with modern fixtures and clean tile. Community Perks: Access to sidewalk-lined streets, a local park, and a neighborhood fishing pond. Top-Rated Schools: Located within the highly regarded Royse City ISD. Prime Commute: Walk to vibrant downtown Fate; quick, easy access to I-30 for a seamless drive to Rockwall and Dall Rent: $1,969/month Security Deposit: $1,969 Lease Terms: 12-month minimum lease. No smoking permitted inside the home. Residents must strictly adhere to all community HOA guidelines. Utilities: Tenant sets up and pays for all utilities, including electricity, water, and sewer. Pet Policy: Allowed on a case-by-case basis, subject to approval. Requires a $300 refundable pet deposit per pet. Maximum cap of 3 total pets. Standard breed restrictions apply. Lawn Care Option: For an optional $50/month, the owner can provide basic lawn maintenance services (mowing and edging only). Tenant Property Care: Tenant remains fully obligated for regular landscape maintenance and critical foundation watering to protect the property, regardless of whether the basic mowing service option is selected. Bonus Appliance Option: A refrigerator, washer, and dryer are available upon request. These units are provided strictly in "as-is" functional condition for tenant convenience; the owner will not service, repair, or replace them. Tenants may also choose to bring their own appliances. Selection Criteria: Rental History Each applicant may demonstrate a history of meeting prior lease or mortgage obligations and leaving any prior rented properties in good order. General Standard: Each applicant must demonstrate a history of meeting prior lease or mortgage obligations and leaving any prior rented properties in good order. All applicants aged 18 or older must provide a minimum of 24 months of continuous, verifiable residential history independently confirmed by a non-relative property manager, previous owner, or via documented mortgage payments. Prior Compliance: Verifiable references from prior housing providers must confirm a history of lease fulfillment, including not-to-exceed one late rent payment per 12-month cycle, no documented history of property damage beyond normal wear and tear, and no documented history of serious lease violations or neighbor complaints. Adverse Rental History & Disqualifications: Significant adverse rental history may disqualify an applicant or require additional payment security, such as a co-signer or additional applicant deposit. Disqualifying Adverse History: A court-filed eviction or an active, unpaid collection balance/judgment owed to a previous rental property or utility company within the past 7 years is grounds for automatic denial. (In compliance with FHA guidelines, dismissed or mediated eviction filings will be evaluated on an individualized basis). Conditional Adverse History: Minor adverse history such as an inability to fully verify past residential history, or a single broken lease older than 5 years that has been fully paid off will not automatically disqualify an applicant but will require conditional approval. Conditional approval requires an approved co-signer or an increased security deposit equal to two full months' rent ($3,938). Income History General Standard: Wages, assets, or subsidy assistance are accepted as evidence of ability to pay rent. Total combined household gross monthly income must meet at least 3x the monthly rent amount ($5,907). Verification Documents: Applicants should include consecutive pay stubs and/or bank statements from the past 30 days with their application to fully verify income. All legal sources of income are accepted. Unverifiable income will result in denial. Conditional Income & Credit Exceptions: If household income or credit does not meet the standard requirements, a guarantor or additional security deposit may be needed. Additional Security: Conditional approval under these exceptions will require an approved guarantor (co-signer) or an increased security deposit equal to two full months' rent ($3,938). Scores below 550 or active bankruptcies will be declined. Credit History Credit Requirement: A credit score of 600 or higher is required for standard approval with a baseline $1,969 security deposit. Conditional Credit Exception: Credit scores between 550 and 599 do not meet standard requirements and a guarantor or additional security deposit may be needed. These scores may be considered on a case-by-case basis if the applicant demonstrates 3.5x rent income and perfect residential history. Conditional approval will require an approved guarantor or an increased security deposit equal to two full months' rent ($3,938). Automatic Denial: Credit scores below 550, open utility collections, unpaid housing debt, or active/open bankruptcies will result in an automatic application denial. Criminal History Criminal History: A criminal background check will be conducted for each applicant. Applicants will be automatically denied if they have been convicted of, or received deferred adjudication for, any offense requiring lifetime registration on a state or federal sex offender registry, or any conviction for the manufacturing or distribution of a controlled substance. Additionally, applications will generally be denied for any conviction or deferred adjudication within the past 10 years involving violent crimes against persons (including but not limited to homicide, aggravated assault, kidnapping, robbery, or domestic violence) or severe property damage (such as arson). For all other criminal offenses, management reserves the right to conduct an individualized, case-by-case review. This evaluation will consider the specific nature, severity, and age of the offense, as well as any evidence of rehabilitation or positive rental history since the occurrence. Occupancy Occupancy Limits: The maximum allowable occupancy for this property is two (2) occupants per bedroom, up to a absolute maximum total of six (6) occupants residing on the entire property at any given time. For the purposes of this screening criteria, "occupant" refers to any adult individual aged 18 or older. All adults intending to reside at the property must be fully screened, submit an independent application, and be listed as leaseholders. This policy is strictly and consistently applied to all applicants in compliance with the Texas Property Code 92.010 and federal HUD Fair Housing guidelines. Pets Pet Policy & Restrictions: Pets are permitted on a case-by-case basis and must be explicitly approved by management prior to move-in. All applicants must submit a complete pet screening profile for each animal, verifying the following requirements: Breed Restrictions: Due to property insurance limitations, purebred or mixed-breed dogs of the following lineages are strictly prohibited: Pit Bull Terriers, Staffordshire Terriers, Rottweilers, German Shepherds, Doberman Pinschers, Chows, Akitas, Great Danes, and Wolf-hybrids. Health and Vaccination Status: Applicants must provide current, official veterinary records proving up-to-date rabies and standard core vaccinations for all dogs and cats. City Registration: In compliance with local municipal ordinances, pets must be legally registered or licensed with the city, and proof of active registration must be provided before lease signing. HOA Bylaws: Pets must fully comply with all Homeowners Association (HOA) rules, including specific weight caps, absolute quantity limits, or community leash laws. Any HOA violation fines incurred will be the direct financial responsibility of the tenant. Assistance Animals: In accordance with the federal Fair Housing Act, legitimate Service Animals and Emotional Support Animals (ESAs) are fully exempt from breed restrictions, weight limits, pet fees, or pet deposits. Proper verification from a licensed healthcare professional will be required during the screening process, and fraudulent submissions will be denied.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central, Heat Pump
    Cooling
    • Air Conditioner, Central Air
    Appliances
    • Included: Dishwasher, Microwave Oven, Oven, Refrigerator
    • Laundry: Hookups
    Features
    • Flooring: Hardwood, Tile
    Interior area
    • Total interior livable area: 1,519 sqft

    Property

    Parking
    • Parking features: Attached, Garage
    • Has attached garage: Yes
    • Details: Contact manager
    Features
    • Patio & porch: Patio
    Details
    • Additional structures: Garage(s)
    • Parcel number: 5154000C0036000R

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & HOA

    Community
    • Deposit fee: $1,969
    • Application fee: $32
    Location
    • Region: Fate

    Financial & listing details

    • Price per square foot: $177/sqft
    • Tax assessed value: $277,778
    • Annual tax amount: $3,235
    • Date on market: 9/2/2026
    • Date available: 09/07/2026
    • Lease term: 1 Year

    Price history

    DateEventPrice
    9/17/2026Listing removed$1,969$1/sqft
    Source: Zillow Rentals Report a problem
    9/5/2026Listed for rent$1,969+23.1%$1/sqft
    Source: Zillow Rentals Report a problem
    12/6/2022Sold--
    Source: NTREIS #20179229 Report a problem
    11/28/2022Pending sale$290,000$191/sqft
    Source: NTREIS #20179229 Report a problem
    11/11/2022Contingent$290,000$191/sqft
    Source: NTREIS #20179229 Report a problem
    11/9/2022Price change$290,000-3%$191/sqft
    Source: NTREIS #20179229 Report a problem
    10/7/2022Listed for sale$299,000+106.2%$197/sqft
    Source: NTREIS #20179229 Report a problem
    9/28/2015Listing removed$1,600$1/sqft
    Source: Go Section8 Report a problem
    9/23/2015Listed for rent$1,600$1/sqft
    Source: Go Section8 Report a problem
    10/9/2014Listing removed$1,600$1/sqft
    Source: Go Section8 Report a problem
    10/6/2014Listed for rent$1,600$1/sqft
    Source: Go Section8 Report a problem
    10/1/2014Sold--
    Source: Agent Provided Report a problem
    8/28/2014Price change$145,000-3.3%$95/sqft
    Source: New Age Real Estate #12196391 Report a problem
    8/10/2014Listed for sale$149,900+35%$99/sqft
    Source: New Age Real Estate Report a problem
    6/24/2013Sold--
    Source: Agent Provided Report a problem
    3/22/2013Listed for sale$111,000-3.4%$73/sqft
    Source: Colt Realty #11920779 Report a problem
    9/4/2012Sold--
    Source: Public Record Report a problem
    12/22/2011Listing removed$114,900$76/sqft
    Source: RE/MAX Properties #11651857 Report a problem
    8/31/2011Listed for sale$114,900$76/sqft
    Source: RE/MAX Properties #11651857 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,235 -14.5%$277,778 -2.4%
    2024$3,781 +0.1%$284,669 +1.7%
    2023$3,776 -29.1%$280,000 +6.7%
    2022$5,323 +30.3%$262,340 +35.7%
    2021$4,086 +7.5%$193,370 +4.3%
    2020$3,802 $185,340 -2.5%
    2019-- $190,140 +14.2%
    2018$3,811 +1.2%$166,450 +2.2%
    2017$3,764 +24.7%$162,900 +10.5%
    2016$3,020 $147,390 +7.7%
    2015$3,020 $136,820 +7.5%
    2014$3,020 $127,280 +4.8%
    2013-- $121,440 -0.8%
    2012-- $122,440 -0.8%
    2011-- $123,440 -0.8%
    2010-- $124,450 -0.8%
    2009-- $125,460
    Find assessor info on the county website

    Neighborhood: 75087

    Nearby schools

    GreatSchools rating
    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
    $269,300
    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
    $269,300