498 Commonwealth Ln, Fate, TX 75189
Property image
Property image
OFF MARKET

$316,000

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 1,925 sqft

498 Commonwealth Ln, Fate, TX 75189

Est. Refi. Payment $2,121/mo*
Refinance Your Home

Home Value

Trulia Estimate
$316K
Since last month
Decreased$2K (-0.7%)
Since last year
Decreased$3K (-1%)
Since last sale
Increased$66K (+26.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +32% in the last 10 years
MonthEstimated value
2026
September 2026$316K
August 2026$318K
July 2026$320K
June 2026$324K
May 2026$327K
April 2026$326K
March 2026$321K
February 2026$321K
January 2026$317K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
493 Franklin St, Fate, TX
0.10
Single-Family Home
-
12/04/25
4
2
2,161
206 Charleston Ln, Fate, TX
0.09
Single-Family Home
-
06/18/26
3
2
1,844
402 Pleasant Hill Ln, Fate, TX
0.20
Single-Family Home
-
03/31/26
4
2
1,829
179 Charleston Ln, Fate, TX
0.11
Single-Family Home
-
03/06/26
4
2
2,158
312 Pleasant Hill Ln, Fate, TX
0.19
Single-Family Home
-
04/27/26
4
2
2,140
176 Pleasant Hill Ln, Fate, TX
0.13
Single-Family Home
-
10/07/25
3
2
1,878
304 Pleasant Hill Ln, Fate, TX
0.17
Single-Family Home
-
03/07/26
4
2
2,140
183 Charleston Ln, Fate, TX
0.10
Single-Family Home
-
06/23/26
3
2
1,997
490 Franklin St, Fate, TX
0.13
Single-Family Home
-
07/28/26
3
2
1,844
144 Pleasant Hill Ln, Fate, TX
0.23
Single-Family Home
-
10/15/25
3
2
1,898

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
496 Commonwealth Ln, Fate, TX 75189
0.01
$313,100
3
2
1,968
Off Market
202 Buffington Ave, Fate, TX 75189
0.03
$469,000
4
4.5
3,250
For Sale
171 Colonial Trce, Fate, TX 75189
0.09
$412,100
4
3.5
2,813
Off Market
493 Franklin St, Fate, TX 75189
0.10
-
4
2
2,161
Recently Sold
167 Colonial Trce, Fate, TX 75189
0.11
$382,000
4
3.5
2,734
Off Market
179 Charleston Ln, Fate, TX 75189
0.11
-
4
2
2,158
Recently Sold
183 Charleston Ln, Fate, TX 75189
0.10
-
3
2
1,997
Recently Sold
177 Charleston Ln, Fate, TX 75189
0.11
$356,000
3
2
1,886
Off Market
490 Franklin St, Fate, TX 75189
0.13
-
3
2
1,844
Recently Sold
189 Charleston Ln, Fate, TX 75189
0.10
-
5
3
2,903
Recently Sold
206 Charleston Ln, Fate, TX 75189
0.09
-
3
2
1,844
Recently Sold
495 Oak Hills Ln, Fate, TX 75189
0.14
$345,000
3
2
2,160
For Sale

Local Information

  • Map ViewExplore the area around 498 Commonwealth Ln.
  • Schools1 Preschool School1 Elementary School1 Middle School2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2012
1,925 sqft
$164/sqft
Garage

About this House

Take a virtual tour of this home from anywhere! See a 360 tour and picture yourself in this home.

Don't miss out on this charming home with a two-car garage and a fenced backyard with a patio area! Inside, you'll find plenty of living space to spread out and make memories with a cozy fireplace. The beautiful kitchen includes stainless steel appliances and lots of space to cook and entertain. Make this home yours today!

See the floorplan in the photo gallery to picture yourself in this home.

Live in a tech-friendly home. Smart Home is a monthly service that helps you manage access to your home and save on your energy bill. With our Smart Home features, you can remotely lock and unlock your front door, control your thermostat, and receive notifications about your home - all through the convenience of your mobile device or computer.

CONSENT TO TEXT MESSAGING: By entering your mobile phone number, you expressly consent to receive text messages from Invitation Homes. Msg & Data rates may apply.

 Lease your Invitation Home through InvitationHomes.com or with the help of a licensed leasing agent. All leasing information is believed to be accurate, but changes may have occurred since photographs were taken and square footage is estimated. Furthermore, prices and dates may change without notice. Invitation Homes does not lease homes through Craigslist or other classified advertising services. Please note this home may be governed by a HOA and could require additional applications and/or fees. An account set-up fee will be charged on all new leases. To better serve our residents, Invitation Homes is pet-friendly with some breed restrictions and allows up to three pets with a monthly fee. If your home has a pool, there is a $95 monthly pool fee. Broker participation welcome, so please refer to MLS.
498 Commonwealth Ln, Fate, TX 75189 is a 4 bedroom, 2 bathroom, 1,925 sqft single-family home built in 2012. It was last sold on Mar 6, 2020. More recently, it was listed as a rental in April 2020 with an asking price of $2,100 per month. That rental listing was removed on May 26, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $316,000, with a rent estimate of $2,487/month.

Home Details for 498 Commonwealth Ln

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Carpet
Interior Details
Types of Rooms: Breakfast Nook, Dining Room
Appliances & Utilities
DishwasherMicrowave
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: CompositionExterior: BrickFoundation Type: Slab
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 2012Year Updated: 2012
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Lot Information

Lot Area: 8058 sqft

Price and Tax history

DateEventPrice
May 26, 2020
Source: Agent Provided
ListingRemoved
$1,995
May 22, 2020
Source: Agent Provided
PriceChange
$1,995
Price decreased by 5%
May 6, 2020
Source: Agent Provided
PriceChange
$2,110
Price decreased by 1%
Apr 27, 2020
Source: Agent Provided
PriceChange
$2,125
Price increased by 1%
Apr 26, 2020
Source: Agent Provided
Listed For Rent
$2,100

Market trends in Fate

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$334K
$7.5KMoM
Sale-to-List Price
—
Price per sq ft
$162
$1MoM
Available listings
170
3MoM

Around this home

What Locals Say about Fate

At least 95 Trulia users voted on each feature.

  • 99 % Say yards are well-kept

  • 91 % Say car is needed

  • 91 % Say parking is easy

  • 90 % Say there's holiday spirit

  • 88 % Say it's dog friendly

  • 88 % Say there are sidewalks

  • 84 % Say kids play outside

  • 76 % Say people would walk alone at night

  • 72 % Say it's quiet

  • 65 % Say streets are well-lit

  • 61 % Say neighbors are friendly

  • 56 % Say they plan to stay for at least 5 years

  • 50 % Say there are community events

  • 43 % Say there's wildlife

  • 14 % Say it's walkable to grocery stores

  • 11 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "People speed through the neighborhood. This neighborhood is OK but the schools aren’t as good as advertised. "
    0
    Flag
  • Rachel Cassady
    "Dog friendly community. Must keep dogs on a leash at all times. City requires all pets to be registered and have vaccinations as well "
    0
    Flag
  • Rachel Cassady
    "Great schools! Fast growing community with several neighborhoods to choose from. Local elementary school and middle school school within walking distance of neighborhoods. "
    0
    Flag
  • Araucojose
    "Fantasy football leagues in the community, pool parties, potlucks, fishing tournaments. Pretty much close communty"
    0
    Flag
  • Trulia User
    "People can drive pretty fast through neighborhoods is my only issue, so watch your children carefully and tell them to be mindful and watch the roads."
    0
    Flag
  • Regina Grant
    "Neighborhood feals pretty safe and it’s pretty quiet. They’re building a lot of things around here to make it easier to get to."
    0
    Flag
  • R Gibby
    "Great neighborhood! People are friendly and are always willing to help when in need. The neighborhood has golf cart socials that create an opportunity to meet people in the neighborhood. "
    0
    Flag
  • Latonya Martin
    "Search for community activities, school events. Community groups are useful sometimes. City group pages offer updates at times."
    0
    Flag
  • Desu
    "A lot of free space to walk dogs. Nice neighborhood with nice sidewalks and lots of outdoor spaces to walk dogs "
    0
    Flag
  • Gil L.
    "Great quiet neighborhood. Well maintained and family oriented. There is also very minimal crime and the police department patrols regularly."
    0
    Flag
  • Emsheff
    "The commute to shopping and restaurants is acceptable. The interstate does get bogged down during peak rush hour times, but thst is to be expected living so close to Dallas "
    0
    Flag
  • Mark E.
    "nice area to live, good community, nearby shopping, downtown is being rebuilt, well maintained subdivision."
    1
    Flag
  • Shawn R.
    "This neighborhood is just spectacular although it's new, it's quiet, and elegant I'm in love with it."
    0
    Flag
  • cbass
    "I dont participate in events. neighbors care for and watch out for each other. I am thankful for people, not a social event."
    1
    Flag
  • Mohammad A.
    "I've been living here for about 6 weeks only but so far it seems like a family friendly safe environment,, highly recommended!"
    0
    Flag
  • Maribel P. H.
    "Commute to Dallas 5 days a week - not too bad if you leave before 7am. On bad days commute is over an hour on good days 35 minutes. Easy access to I30"
    1
    Flag
  • Lacycheyenne92
    "Scheduled garage sales from every few months. Neighbors are very nice. There is a school nearby for our children."
    1
    Flag
  • Mrsplomares
    "Quiet neighborhood and makes you feel safe. Neighbors look out for each other. Nice and clean parks near by. Swimming pool is well maintain. Community gatherings often take place. "
    0
    Flag
  • amandaconnolly
    "We’ve lived here nearly three years and mostly love it. Great for kids, good pool, and nice people. Most people keep to themselves. "
    1
    Flag
  • sammy_may35
    "Woodcreek Development in Fate, TX (Rockwall, Tx) is a wonderful area for families. They are all the time offering up activies for the whole family as well as for adults. Anyone wanting to live in an area that is safe, secure, quiet and friendly this is the place."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 498 Commonwealth Ln

  • What is 498 Commonwealth Ln estimated to be worth?
    Trulia's estimated value for 498 Commonwealth Ln in Fate, TX is $316,000.
  • What is the price history for 498 Commonwealth Ln?
    498 Commonwealth Ln in Fate, TX last sold in March 2020.
  • Is Fate a buyer's or seller's market?
    Fate is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Fate?
    The median sale price in Fate is $334K. That is down $7.5K from the prior month.
  • Does 498 Commonwealth Ln have air conditioning?
    Yes, 498 Commonwealth Ln in Fate, TX has air conditioning.
  • How big is the lot at 498 Commonwealth Ln?
    The lot at 498 Commonwealth Ln in Fate, TX is about 0.18 acres (8,058 sq ft).

Explore by feature - Pet Friendly

36 pet-friendly rentals in Fate, TX

Explore by feature - Garage

37 rentals with a garage in Fate, TX

Explore by feature - Air Conditioning

31 rentals with air conditioning in Fate, TX

Explore by feature - Pool

24 rentals with a pool in Fate, TX

Explore by feature - Washer/dryer

34 rentals with a washer/dryer in Fate, TX

Explore by feature - Outdoor Space

19 rentals with an outdoor space in Fate, TX

Apartments for Rent

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Off Market Homes Near 498 Commonwealth Ln

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