200 W Cherry Tree Lane, Fate, Texas 75087

$260,000
4
BD
3
BA
1,521
SqFt
List Price
$260,000
Price Change
▲ $10,000 1685818511
MLS#
20338832
Status
ACTIVE
Type
Single Family Residential
Style
Single Detached
Year Built
1983
Bedrooms
4
Full Baths
3
Acres
0.16
Living Area
1,521
County
Rockwall
City
Fate
Subdivision
David Hogg-Fate
Number of Stories
1

Property Description

Investor's Special! Offering a $10K discount for repairs, this 4BR, 3BA home is ripe for transformation. For those looking at a rental, a fix-and-flip, or long-term hold, this property is an excellent choice. Once completed, the house has an appraised value of $295K, offering a sizable margin for profit or equity growth. With a 1BR, 1BA addition, new water heater, appliances, full kitchen, and bathroom remodel, new wood flooring, serviced HVAC, garage demo, painted interior & exterior, and new fencing. Additions include a stained shed, new doors, trim, and landscaping. Requires foundation repair, drywall patching, and dryer wiring. Grab this opportunity now!

Additional Information

Agent Name
Chaz Cameli
Unexempt Taxes
$2,170
HOA
No HOA
Amenities
Fireplace
Lot Size
7,013
Acres
0.16
Subdivided
No
Interior Features
Eat-in Kitchen, Open Floorplan, Pantry
Flooring
Ceramic Tile, Luxury Vinyl Plank
Foundation
Slab
Roof
Composition
Stories
1
Fireplaces
1
Fireplace Type
Living Room
Street Utilities
City Sewer, City Water
Parking Garage
No Garage, Off Street
School District
Rockwall Isd
Elementary School
Billie Stevenson
Middle School
Herman E Utley
High School
Rockwall
Possession
Closing/Funding
Possession
Closing/Funding

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Chaz Cameli from Fathom Realty LLC. Contact: 888-455-6040