Deniz Yalmaz
Ultima Real Estate
License number: 0540137 mobile: 817-233-0249
e-mail: deniz@intelrealty.com
www.intelrealty.com
5220 Spring Valley Rd #160, Dallas, TX 75254
Ultima Real Estate
License number: 0540137 mobile: 817-233-0249
e-mail: deniz@intelrealty.com
www.intelrealty.com
5220 Spring Valley Rd #160, Dallas, TX 75254
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![]() Ultima Real Estate License number: 0540137 mobile: 817-233-0249 www.intelrealty.com 5220 Spring Valley Rd #160 Dallas, TX 75254 |
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)
- 8 bedrooms
- 8 full baths
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:
10
Number of parking spaces:
Common Lot, On Street, Unassigned
Parking type:
1012
School District:
Vernon
Elementary School:
Royse City
High School:
Royse City
Middle School:
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.
Listing by: Monument Realty
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