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MLS# 21274734
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577 Richlands Way

Fate, TX 75087 · Richlands Plaza

$1,195,000
Beds
8
Baths
8
Sq Ft
4,100
Year
2024
About this property
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.
Quick facts
Property Type
ResidentialIncome
Property Sub Type
Quadruplex
Lot Size
0.13 acres
Stories
Garage Spaces
Pool
County
Rockwall
School District
Listing timeline
Listed
Last Status Change
Jun 4, 2026
Last Price Change
Location