TX
Rockwall
Fate
75087
577 Richlands Way
577 Richlands Way, Fate, TX 75087
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Listing Type
Multi Family
Listing Status
Active
26
$1,195,000

Home Details for 577 Richlands Way

Price
$1,195,000
Type
Residential Income
Bedrooms
8
Total Bathrooms
8
Full Bathrooms
8
Square feet
2
Year built
2024
Lot size acres
0.13
County
Rockwall
MLS Listing#
21274734
Hoa
180
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.

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Property Features
  • Cooling Information
    • Ceiling Fan(s)
    • Central Air
    • Electric
  • Parking
    • Common
    • On Street
    • Unassigned
  • Heating Information
    • Central
    • Electric
  • House Interior
    • High Speed Internet
    • Smart Home
  • Water Features
    • Public
  • Utilities
    • Cable Available
School Information
School Information for 577 Richlands Way, Fate, TX 75087
Elementary School
Vernon
Middle School
Royse City
High School
Royse City
Listing Courtesy: Monument Realty - 214-705-7827
Presented by: Chaz Cameli
Dallas MLS - N.T.R.E.I.S. logoThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
Last Updated: 2026-06-07 17:10:45
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Market statistics compiled from data from Dallas MLS - N.T.R.E.I.S..
EXIT REALTY ELITE
129 S. Main St, Ste 260, Grapevine, TX 76051
Jerry Hawn
License #: 0706288
Sales Representative
Office
817 925 5503
Agent
817 905 9019
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