$2,260,000
●
House -
Off Market
1 Terrabella Lane
Heath, TX 75032
6 Beds
1 Bath,
1
Half Bath
7,000 Ft²
$2,357,532
RealtyHop Estimate
-1.61%
Since Jun 1, 2023
TX-Dallas
Primary Model
About This Property
Paradise Found. A Tropical Paradise surrounds this elegant
7,000 square foot Heath Estate Home on 1.22 magnificently manicured
acres. A masterpiece of an estate, 1 Terrabella Lane truly
redefines luxurious living where timeless architecture meets modern
amenities. In a class of its own, this sprawling 6 bedroom,
5.5 Bath residence boasts a Grand Hall, Opulent Dining, Chef Grade
Kitchen, State of the Art Home Theatre, Gaming Room, Rich Library
Inspired Study, Entertaining Pub with Wine Storage and 4 Garage
Spaces. Exceptional Finishes, elevated ceilings,
sophisticated design choices and rarely found attention to detail
abound throughout the home. The back yard oasis transports one to
another world featuring lush landscaping, salt water pool, wet bar,
cabana, fire pit and designer, resort-style outdoor kitchen for al
fresco entertaining. 1 Terrabella Lane offers the rare
opportunity to experience truly luxurious living and paradise
beyond compare.
Unit Size
7,000 Ft²
Days on Market
-
Land Size
1.23 acres
Price per sqft
$342
Property Type
House
Property Taxes
-
HOA Dues
$158
Year Built
2006
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (NTREIS #20135040)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 10, 2023 | Sold | ||
| Sold | |||
| Aug 8, 2022 | Listed by Coldwell Banker Realty | $2,396,000 | |
| Listed by Coldwell Banker Realty | |||
| Aug 3, 2022 | No longer available | - | |
| No longer available | |||
| Jul 12, 2022 | Listed by Eminence Realty | $2,995,000 | |
| Listed by Eminence Realty | |||
| | |||
|
Exquisite property nestled in an exclusive 8 estate neighborhood. This sprawling lakeside property boasts of an elaborate floor plan and modern amenities that creates the comfort of resort-style living. Dual stories, 6 bedrooms, 5.5 bathrooms, a four-car garage, coffered ceilings, library, movie theater, and new integrated audio system are featured in this European-style designed home perfect for entertaining guests! The amazing floorplan boasts cathedral ceilings, multiple chandeliers, a library, movie theater, and so much more. Backyard is an oasis and provides an unique outdoor living experience, featuring a salt-water pool, wet bar, cabana, fire pit, dog run, designer outdoor kitchen with high end stainless steel appliances. Kitchen updates include a $25K Viking gas range with ovens, custom marble countertops, and other stainless steel appliances. Other recent updates include new HVAC systems, smart home security system, new hardwood flooring and carpet, and much more.
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Property Highlights
Garage
Air Conditioning
Fireplace
Parking Available
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Terrabella
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Aidan Flores, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20135040
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20135040
Details provided by NTREIS and may not match the public record
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