$1,158,900

Quadruplex In Fate

  • 8 Beds
  • 8 Baths
  • 4,100 Sqft
  • 5,663 Sqft lot
  • Updated: July 10
  • Source:
    North Texas Real Estate Information Systems (NTREIS)  MLS#21274734

About the Property

Investor Opportunity in Downtown Fate! Fully leased 4-plex featuring four spacious 2-bedroom, 2-bath units, each approximately 1,025 sqft. Built in 2024 with modern finishes, quartz countertops, Euro-style cabinetry, 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
Investor Opportunity in Downtown Fate! Fully leased 4-plex featuring four spacious 2-bedroom, 2-bath units, each approximately 1,025 sqft. Built in 2024 with modern finishes, quartz countertops, Euro-style cabinetry, 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.

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.
  • Property type

    Other

  • Year built

    2024

  • Price/sqft

    $282

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577 Richlands Way, Royse City, Texas, United States View on Google Maps
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Monument Realty - Frisco

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Monument Realty - Frisco
Texas, United States
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Monument Realty - Frisco
Frisco, Texas, United States
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Last updated
July 10
First listed
Jun 5
Listing reference
21274734
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