Location
Charming and beautifully updated home in sought-after Fate near Lake Ray Hubbard offering 3 bedrooms, 2 bathrooms, and a spacious 2-car garage on a rare half-acre lot. This move-in ready property features fresh interior and exterior paint along with updated flooring throughout the home, creating a clean and modern feel.
The open-concept layout offers comfortable living spaces filled with natural light, while the oversized lot provides endless possibilities for outdoor entertaining, gardening, or future additions. Conveniently located near shopping, dining, schools, and easy access to I-30, this home combines peaceful suburban living with close proximity to Lake Ray Hubbard recreation and nearby Rockwall amenities.
Enjoy the freedom of NO HOA with plenty of room for boats, trailers, RV parking, or creating your ideal backyard retreat. Perfect for buyers seeking updated finishes, extra outdoor space, and a prime location in the growing Fate community. Schedule your private showing today!
The open-concept layout offers comfortable living spaces filled with natural light, while the oversized lot provides endless possibilities for outdoor entertaining, gardening, or future additions. Conveniently located near shopping, dining, schools, and easy access to I-30, this home combines peaceful suburban living with close proximity to Lake Ray Hubbard recreation and nearby Rockwall amenities.
Enjoy the freedom of NO HOA with plenty of room for boats, trailers, RV parking, or creating your ideal backyard retreat. Perfect for buyers seeking updated finishes, extra outdoor space, and a prime location in the growing Fate community. Schedule your private showing today!
Property Details
Price:
$349,900
MLS #:
21275852
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Melody Ranch Ph II
Listed Date:
May 28, 2026
Finished Sq Ft:
1,743
Lot Size:
21,823 sqft / 0.50 acres (approx)
Year Built:
2005
Schools
School District:
Royse City ISD
Elementary School:
Harry Herndon
High School:
Royse City
Interior
Bathrooms Full
2
Cooling
Ceiling Fan(s), Central Air, Electric
Fireplace Features
Wood Burning
Fireplaces Total
1
Flooring
Ceramic Tile, Luxury Vinyl Plank
Heating
Central, Electric
Interior Features
Vaulted Ceiling(s), Walk- In Closet(s)
Number Of Living Areas
1
Exterior
Construction Materials
Brick, See Remarks
Garage Spaces
2
Lot Size Area
0.5010
Lot Size Dimensions
116’x 188′
Financial
See this Listing
Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.
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Similar Listings Nearby
Community
- Address503 Margaret Street Fate TX
- SubdivisionMelody Ranch Ph II
- CityFate
- CountyRockwall
- Zip Code75189
Subdivisions in Fate
- *Woodcreek*
- A0151 J Mckinney
- Avondale
- Avondale Ph 1
- Avondale Sec 1
- Barnes – Fate
- Canyon Ridge Estate
- Carrington Farms Add Ph 2
- Chamberlain Crossing Ph
- Chamberlain Crossing Ph 1
- Chamberlain Crossing Ph 2
- Chamberlain Crossing Ph 3
- Chamberlain Crossing Ph 4
- Chamberlain Crossing Ph 6
- Edgewater
- Edgewater Ph 1
- Edgewater Ph2
- Fate O T Rcisd
- Fate OT RCISD
- J Farmer Abs 83
- J Mckinney
- J Parker Surv Abs #178
- J S Price
- JDH Addition
- John Miller Surv Abs #163
- Karendale Village
- Leisure Land
- Melody Ranch Ph II
- Monterra
- Monterra Ph 1a
- no
- Northview Village
- Northview Village Ph 1
- Northview Village Ph Iib
- RICHLANDS PLAZA
- Riding Club Estates Ph Thre
- Riding Club Estates Ph Two
- Sleepy Hollow Ph II
- Sleepy Hollow Ph IIa
- Sleepy Hollow Ph Iiib
- Southview Village Ph One
- Spring Mdw Tr I Ph I
- Spring Meadow
- Spring Meadow Ph 2
- Spring Meadows Ph 1
- Sun Valley Acres
- The Reserve At Chamberlain Cro
- The Reserve at Chamberlain Crossing
- THE RESERVE AT CHAMBERLAIN CROSSING PHASE 3
- Williamsburg
- Williamsburg Ph 1a
- Williamsburg Ph 1b – Sectio
- Williamsburg Ph 1b-2
- Williamsburg Ph 1b-3
- Williamsburg Ph 1c
- Williamsburg Ph 2a
- Williamsburg Ph 2b
- Williamsburg Ph 2c
- Williamsburg Ph 3a-2
- Williamsburg Ph 3b
- WILLIAMSBURG PHASE 1B – SECTION 1
- Williamsburg Phase 1C
- WILLIAMSBURG PHASE 2B
- WILLIAMSBURG PHASE 2C
- Woodcreek
- Woodcreek Fate HOA
- Woodcreek Ph 1-C
- Woodcreek Ph 1-D4
- Woodcreek Ph 1a
- Woodcreek Ph 2-C
- Woodcreek Ph 2-D1
- Woodcreek Ph 2a
- Woodcreek Ph 2b
- Woodcreek Ph 3-A
- Woodcreek Ph 3-C
- Woodcreek Ph 3b
- Woodcreek Ph 4
- Woodcreek Ph 5a
- Woodcreek Ph 5b
- Woodcreek Ph 6a
- Woodcreek Ph 6b
- Woodcreek Ph 6c
- Woodcreek Ph 6d2
- Woodcreek Ph 6e
- Woodcreek Ph 6g
- Woodcreek Ph 6k
- Woodcreek Ph 7b
- WOODCREEK PH 7C
- Woodcreek Ph 8b
- Woodcreek Ph 8c
- Woodcreek Ph 8d
- Woodcreek Ph 9a
- Woodcreek Ph 9b
- WOODCREEK PH 9C
- Woodcreek Ph 9c-1
- Woodcreek Ph 9c-2
- Woodcreek Ph 9d-1
- Woodcreek Ph 9d-2
- Woodcreek Ph Sa
- Woodcreek Ph6
- WOODCREEK PHASE 2-D2
- Woodcreek Phase 5B
- Woodcreek Phase 6G
- WOODCREEK PHASE 7B
- WOODCREEK PHASE 9B
- WOODCREEK PHASE 9D
Market Summary
Current real estate data for Single Family in Fate as of Jun 04, 2026
214
Single Family Listed
94
Avg DOM
197
Avg $ / SqFt
$480,663
Avg List Price
Property Summary
- Located in the Melody Ranch Ph II subdivision, 503 Margaret Street Fate TX is a Single Family for sale in Fate, TX, 75189. It is listed for $349,900 and features 3 beds, 2 baths, and has approximately 1,743 square feet of living space, and was originally constructed in 2005. The current price per square foot is $201. The average price per square foot for Single Family listings in Fate is $197. The average listing price for Single Family in Fate is $480,663. To schedule a showing of MLS#21275852 at 503 Margaret Street in Fate, TX, contact your Aaron Layman Properties agent at 940-209-2100.
503 Margaret Street
Fate, TX