# 503 Margaret Street, Fate, TX 75189

> **TL;DR:** 3bd/2ba single family, $349,900 ($201/sqft), built 2005, 1,743 sqft.
> Fireplace. Est. $1,516/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $349,900 |
| Price/sqft | $201 |
| Bedrooms | 3 |
| Bathrooms | 2 full |
| Square Feet | 1,743 |
| Year Built | 2005 |
| Lot Size | 21,824 sqft (0.50 acres) |
| Stories | 1 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,516 |
| **Total** | **$1,516** |

## Nearby Schools

- **Elementary:** Harry Herndon

## Key Amenities

- Fireplace

## Property Highlights

- Built in 2005
- 0.50 acre lot
- Fireplace

## Description

### Agent Description
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!

## Location

- **Address:** 503 Margaret Street, Fate, TX 75189
- **County:** Rockwall
- **Neighborhood:** Melody Ranch Ph II
- **Coordinates:** 32.926861, -96.362577
- **Google Maps:** https://www.google.com/maps?q=32.926861,-96.362577

## Listing Agent

- **Name:** Tracy Swimm
- **Brokerage:** White Rock Realty
- **Phone:** 9403435113
- **Email:** tracyswimm@hotmail.com

## Primary Photo

![503 Margaret Street - Primary Photo](http://lh.rdcpix.com/441d77ebc1c693f2064c9d90a974d19fl-f1341066899r.jpg)

*28 total photos available on [listing page](https://www.propertysimple.com/listing/503-margaret-street-fate-tx-75189-21275852)*

---

**MLS#:** 21275852 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/503-margaret-street-fate-tx-75189-21275852)

---

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