1 Meadowcreek Drive
About This Property
Inside, nearly 4,000 square feet of thoughtfully designed living space combines comfort and elegance. The open-concept kitchen features granite counters, a gas cooktop, and a generous island perfect for family gatherings or hosting friends. The spacious living area centers around a cozy fireplace and large windows overlooking the pool and backyard oasis.
The primary suite is your retreat, complete with dual vanities, a soaking tub, and a walk-in shower. Three additional bedrooms offer space for guests or a home office, while the oversized utility-mudroom adds extra storage and functionality for everyday living.
Step outside to enjoy the resort-style heated saltwater pool and spa, surrounded by lush landscaping and a covered patio ideal for outdoor dining. A workshop with electricity and three-car garage provide room for hobbies, tools, or even a home gym.
This home is the definition of relaxed luxury, a place where wide-open spaces meet refined comfort. Just minutes from top-rated Melissa ISD schools, this estate delivers the perfect blend of convenience and country tranquility.
Experience peaceful living in one of North Texas's most desired acreage communities, schedule your private showing today.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017