Welcome to 1006 Navarro Drive, an impressive home in the highly
desirable Twin Creeks community of Allen TX. Generous living areas
throughout the home include a dedicated office, formal dining room,
spacious family room, and an expansive great room with soaring
ceilings and an oversized fireplace. The well-appointed kitchen
opens to the family room, which features a second fireplace and
creates an inviting space for everyday living and entertaining. A
secondary bedroom and full bath on the main level offer an ideal
setup for guests or multigenerational living. The large primary
suite is also located on the main level and features a spacious
bath and walk-in closet. Ample storage throughout the home and a
three-car rear-access garage provide added functionality. Upstairs,
separate wings offer a unique sense of separation. One wing
features a bedroom with its own full bath, while the opposite wing
includes two additional bedrooms with a Jack-and-Jill bath, along
with a bonus game room that opens to a balcony with views.
The expansive backyard is truly a highlight, featuring a large
sparkling pool and spa, mature landscaping, and generous grassy
areas for pets and play. A covered and shaded patio, outdoor
grilling area, and fire feature create an inviting setting for
entertaining, relaxing by the pool, or enjoying an evening
outdoors. Served by highly regarded Allen ISD, 1006 Navarro Drive
offers an exceptional combination of size, versatility, and
indoor-outdoor living in one of Allen's most desirable communities.
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.
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