OWNER FINANCING AVAILABLE. INVESTOR OPPORTUNITY – Located in the quiet, growing town of Josephine, this beautifully maintained 2020-built home sits on a spacious 0.21-acre corner lot and offers 4 bedrooms and 2 bathrooms. Designed with an open-concept layout, the kitchen and living areas flow seamlessly—ideal for modern living and entertaining.The home features a blend of carpet, tile, and luxury vinyl flooring, along with a well-appointed kitchen that includes a large bar, a…
| Room | Level | Size |
|---|---|---|
| Living Room | Main | 0 x 0 |
| Primary Bedroom | Main | 0 x 0 |
| Type | Single Family Residence |
| County | Collin |
| Lot | 0.213 ac (9,278.28 sqft) |
| HOA | $480 / Annually |
| Annual Tax | $6,462 |
| Days on Market | 85 |
| District | Community ISD |
| Elementary | John & Barbara Roderick |
| Middle | Leland Edge |
| High School | Community |
| P&I (6.875%) | $1,408 |
| Est. Tax | $539 |
| HOA | $40 |
| Est. Total | $1,987/mo |
$268,000
FATE, TX 75189 · Magnolia
OWNER FINANCING AVAILABLE. INVESTOR OPPORTUNITY – Located in the quiet, growing town of Josephine, this beautifully maintained 2020-built home sits on a spacious 0.21-acre corner lot and offers 4 bedrooms and 2 bathrooms. Designed with an open-concept layout, the kitchen and living areas flow seamlessly—ideal for modern living and entertaining.The home features a blend of carpet, tile, and luxury vinyl flooring, along with a well-appointed kitchen that includes a large bar, ample counter space, and a generous pantry. Step outside to a private, fenced backyard—perfect for weekend gatherings and outdoor enjoyment.Community amenities include a catch-and-release fishing pond, playground, and splash pad, enhancing the overall appeal for residents.Currently tenant-occupied, this property generates steady rental income, making it an excellent turnkey investment opportunity from day one.
Property Type
Residential
Sub Type
Single Family Residence
Status
Active
Bedrooms
4
Full Baths
2
Living Area
1,577 sqft
Lot Size
9,278.28 sqft
Lot (acres)
0.213
Garage
2 spaces
Stories
1
Year Built
2020
Community
Magnolia| Room | Level | Size |
|---|---|---|
| Living Room | Main | 0 x 0 |
| Primary Bedroom | Main | 0 x 0 |
School District
Community ISDElementary
John & Barbara RoderickMiddle / Jr High
Leland EdgeHigh School
CommunityLaunch 3D Virtual Tour
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HOA Fee
$480 / Annually
HOA Name
Magnolia Pointe Residential Community
HOA Phone
469-480-8000Annual Tax
$6,462
HOA Includes
Association Management
Total Principal
$214,400
Total Interest
$292,644
Total Loan Payment
$507,044
Payoff Date
July 2056
Est. Payment
$2,099
/month
Estimated only. Does not guarantee loan approval. Contact a licensed lender for accurate rates and terms. Rates change daily.
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View Online
https://realtorkonda.com/property/fate-tx/magnolia-ph-3/702-saddle-oak-lane-75189
Contact: (469) 854-1352 · realtorkonda@gmail.com
Listed by Donald Howle · HOWLE REAL ESTATE, LLC · 903-413-9199
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. © 2026 NTREIS. All rights reserved. Last updated Jul 21, 2026.
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Listing Agent
Donald Howle
HOWLE REAL ESTATE, LLC
Magnolia Ph 3
19
For sale
$268,250
Median list price
$148
Median $/sqft
114
Avg days on market
20
Recently sold