1011 Cross Plains Drive
About This Property
Family room has a dramatic two story wall of windows viewing the backyard. Family room also features a fireplace with gas logs, ceiling fan and built-in. What a spacious kitchen! Large island and an abundance of counter and cabinet space plus a desk. Stainless appliances, dishwasher replaced approx. 6 months ago. The breakfast nook is open to the kitchen and has double french doors leading to the front porch. Walk in pantry. Primary bedroom is downstairs and has hardwood floors, a sitting area with bay window, double crown molding, & a door leading to the pool area. Beautiful primary bath with jacuzzi tub and 8 ft seamless glass shower. Walk in closet features off season rods for additional storage. Upstairs is a gameroom and 3 large bedrooms with two full baths. Laundry room with a sink and cabinets. Three car garage with workbench. Class 4 roof. Pebbletech pool and spa with tanning ledge. Cedar arbor. Pool equipment recently replaced. Located in Twin Creeks, Allen's premier, master planned golf course community featuring golf, tennis, pickleball, hike and bike trails, playgrounds and more.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 20, 2025 | Sold | ||
| Sold | |||
| May 24, 2025 | In contract | - | |
| In contract | |||
| May 8, 2025 | Listed by Coldwell Banker Apex, REALTORS | $774,900 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017