Courtesy: Monument Realty
214-705-7827
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.
Fate is located in Texas. Fate, Texas has a population of 17,403. Fate is more family-centric than the surrounding county with 59.03% of the households containing married families with children. The county average for households married with children is 45.29%.
The median household income in Fate, Texas is $114,280. The median household income for the surrounding county is $111,595 compared to the national median of $69,021. The median age of people living in Fate is 34.2 years.
The average high temperature in July is 94.5 degrees, with an average low temperature in January of 33.6 degrees. The average rainfall is approximately 40.4 inches per year, with 0.6 inches of snow per year.
