Mark Maldonado
Mersal Realty
License number: 0655845
mobile: (972) 658-2877
 www.markmaldona­dorealty.com
$1,195,000
577 Richlands Way, Fate, Texas 75087, USA
MLS#
21274734
Property Type
Residential For Sale, Multi-Family, Fourplex
Property Size
4,100 sqft (380.89 m2)
Land size
0.13 sqft (0.01 m2)
Building Size
4,100 sqft (380.9 m2)
Status
Bedrooms
8
Baths
8
Sale price per sqm
3,137.29 $
Virtual Tour
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 Details
2024 Year Built:
Building or Complex name: Fate - Yrc Location:
Brick Construction:
Stucco Exterior Description:
Resale Condition:
Refrigerator, Dishwasher, Microwave, Cooktop - Electric Appliances:
Multiple Staircases Property Features:
City Water, City sewer Utilities:
Central, Electric Heating System:
Central, Electric, Ceiling Fan Cooling System:
Cable Available, Broadband internet access Telecommunication:
On Slab Basement and Foundation:
Asphalt Roofing:
Parking / Garage
10 Number of parking spaces:
Common Lot, On Street, Unassigned Parking type:
School Information
1012 School District:
Vernon Elementary School:
Royse City High School:
Royse City Middle School:

Listing by: Monument Realty
The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Copyright © NTREIS 2026. All Rights Reserved.

   Immobel

Agent Only


Texas Real Estate Commission Information About Brokerage Services | Texas Real Estate Commission Consumer Protection Notice