Active
2 units6 bd4 ba4,664 sqft
Cost to live here
$3,697/moafter $3,105/mo in rent
Income to qualify: about $148,000 a year, rent counted
At 20% down, 30-year fixed. From 3.5% down.
$950,000•Duplex
2104 & 2140-B W Holiday, Fate, TX 75087
577 Richlands Way, Fate, TX 75087
Active
Listed 161 days agoOwner-Occupant Eligible
About $2,969 a month to live here, after the rent from the other homes.
Quadplex4,100 sqft8 beds8 bathsListed Jun 4, 2026
A fourplex. Live in one home and rent out the other three. How it works
Live here for about
$2,969a month
The other homes rent for $5,460. We hold back $819 of that for repairs and an empty month, and the rest goes toward a $7,610 monthly payment.
Income to qualify: about $154,000 a year
With how much down?
At 20% down ($220,000) and 6.0%, 30-year fixed. Your rate and down payment change this.
Get rich slow: keep this loan ten years and the payments pay off about $144,000 of it. See the ten-year math
How we work this out
The cost to live here is the loan payment, taxes, insurance and any dues, less the rent, with a little held back for repairs and an empty month. Income to qualify uses a 43% debt-to-income limit, counts 75% of the rent, and none of your other debts.
$55,000 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own
ABOUT THIS HOME
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.
Quadplex
Property Type
5,663 sqft
Lot Size
2024
Year Built
Listing Date: 06/04/2026
Listed by: Chaz Cameli
Listing office: Monument Realty
Source: NTREIS #21274734
Series Homes is committed to full compliance with the Fair Housing Act and the Equal Credit Opportunity Act.
CHOOSE YOUR UNIT
Tap the one you would live in. The rest pay rent, and that rent comes off your monthly cost.
If someone lives in the unit you want, or a lease comes with the home, ask how moving in works on this one.
CHECK OUR MATHEvery line of the monthly cost is in here. Change the price or the down payment and watch it move.
OFFER PRICE
Change your offer and watch the monthly cost move.
Purchase Price
-15%
$1,100,000
+15%List Price
FINANCIALS
How much do you want to put down?
Purchase price$1,100,000
Your Down Payment$220,000
Financed$880,000
Estimated Monthly Payment$7,610
Before rent: principal and interest at 6.0% on a 30-year fixed loan, taxes, insurance and any HOA dues. Your rate and down payment change this.
MONTHLY BREAKDOWN
Estimate at 20% down ($220,000) and 6.0%, 30-year fixed. Your rate and down payment change this.
Current Rent
Current Rent
Market Rent
Estimated Monthly Payment (Before Rental Income)
$7,610/month
Principal + Interest
$5,276Property Taxes
$1,323Home Insurance
$664HOA$347
Estimated Monthly Payment (Before Rental Income)
$7,610/month
Principal + Interest
$5,276Property Taxes
$1,323Home Insurance
$664HOA$347
$7,610/month
$5,276
$1,323
$664
$347
Rental Income (3 Units)
$5,460/month
From the listing description.
Rental Expenses
-$819Rental Income (3 Units)
$5,460/month
From the listing description.
Rental Expenses
-$819$5,460/month
-$819
Cost to live hereCost to live here, after rent
$2,969/month
Cost to live hereCost to live here, after rent
$2,969/month
$2,969/month
Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.
LOCATION
BEFORE YOU OFFER
Now run it on your paycheck.
This page is priced at one down payment and one rate. Send the address and we run it at yours: what you would pay each month after rent, and which loan works on this home.
Free. No credit pull.
MLS# 21274734 · Listing office: Monument Realty
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
