Date
Details
Price
Change
Source
5/26/2026
Listed
$349,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$349,900 Just Listed
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Property 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!
Full Property Details
Full Property Details for 503 Margaret St
General
- Price: $349,900
- Taxes: $6,793
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21275852
- Updated: Today (5/26/2026)
- Added to Site: Today
Interior
- Interior Features: Vaulted Ceiling(s), Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood Burning
- Appliances: Dishwasher, Electric Cooktop, Electric Oven, Disposal
- Flooring: Ceramic Tile, Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Electric Dryer Hookup, Laundry in Utility Room
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Covered, Door-Multi, Driveway, Garage, Garage Door Opener
Location
- County: Rockwall
- Subdivision: Melody Ranch Ph II
- Driving Directions: Please use your nice tool the GPS
School Information
- Elem School District: Royse City ISD
- Midd School District: Royse City ISD
- High School District: Royse City ISD
- Elementary School: Harry Herndon
- Middle School: Harry Herndon
- High School: Royse City
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Aerobic Septic
- Utility Description: Septic Available
Structural Information
- Property Detached: Yes
- Architectural Style: Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick, See Remarks
- Roof: Composition
- Stories/Levels: 1
- Living Area: 1,743 Sq. Ft.
- Year Built: 2005
Lot Features
- Lot Size (Acres): 0.501
- Lot Size (Sq. Ft.): 21,823.56
- Lot Dimensions: 116' x 188'
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $6,793
Disclosures and Reports
- Legal Description: MELODY RANCH PHASE II, BLOCK E, LOT 7
- Property ID: 59594
- Block: E
- Lot Number: 7
Listed by White Rock Realty, Tracy Swimm
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 503 Margaret St —
Tracy Swimm
White Rock Realty
214-641-2030
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 503 Margaret St
School District:Royse City Independent School District
| Name | Grades | Distance |
|---|---|---|
Harry Herndon Elementary School 300 Blackland Road, Royse City, TX 75189 | K-5 | 0.6 mi |
Bobby Summers Middle 2050 C D Boren Pkwy, Fate, TX 75087 | 6-8 | 2.1 mi |
Royse City High School 700 Fm 2642, Royse City, TX 75189 | 9-12 | 5.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 503 Margaret St
Tax History
Tax History for 503 Margaret St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,686
-3%
$378,000
-1%
2023
$6,890
34%
$383,293
8%
2021
$5,160
5%
$353,840
45%
2020
$4,915
3%
$244,150
2%
2018
$4,794
—
$239,590
14%
2018
$4,794
-1%
$209,380
—
2017
$4,829
14%
$208,980
16%
2016
$4,222
22%
$180,660
24%
2015
$3,463
-28%
$145,970
-34%
2019
$4,820
38%
$221,720
51%
2014
$3,494
8%
$147,280
6%
2013
$3,235
—
$138,730
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 503 Margaret St
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- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 2Total Baths
Listed by Make Your Move Group (214) 828-4300
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- Single Family
- Active
- Updated 1 day ago
- 5Beds
- 7Total Baths
Listed by The Vicky Chesna Team (972) 772-1504
503 Margaret Street, Fate, TX 75189 (MLS# 21275852) is a Single Family property with 3 bedrooms and 2 full bathrooms. 503 Margaret Street is currently listed for $349,900 and was received on May 26, 2026. Want to learn more about 503 Margaret Street? Do you have questions about finding other Single Family real estate for sale in Fate? You can browse all Fate real estate or contact a Coldwell Banker agent to request more information.