Back 577 Richlands way
Active

577 Richlands way

Fate TX 75087

8
8
10
4100 sq. ft.
5662.8 sq. ft.
Duplex
Currently for sale - view listing

Overview

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.

Features

8 bedrooms
8 bathrooms
10 carspaces
4100 sq. ft. floor area
5662.8 sq. ft. lot size
Duplex

Property history for 577 Richlands way

2025
Sold
Undisclosed
09 Apr 2025 by Vic Reddy Pasham, of Colleen Frost Real Estate Serv

Happy sellers in Fate

90%
90% of sellers in Fate reported that their sale price either exceeded or met their price expectations.

Fate stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Fate over the last 12 months.

Local market activity for 8 bedroom duplexes in Fate

© 2026 RateMyAgent