10201 Evergreen Drive
About This Property
The main living room features high ceilings and a gas-start wood-burning fireplace, while the formal dining room adds character with dramatic blue walls. The spacious kitchen offers abundant cabinetry, granite countertops, a center island, stainless steel appliances, gas range and a light-filled breakfast nook.
The first-floor primary suite features a wall of windows, high ceilings, sitting area and an ensuite bath with dual vanities, soaking tub, separate shower and walk-in closet. Three additional bedrooms and a full bath are also located downstairs.
Upstairs, a large second living area with a full bath and two closets provides exceptional flexibility as a game room, guest suite, in-law suite, home office or additional living space.
Outside is where this property truly stands out! The expansive lot offers a heated swimming pool with attached spa, plenty of additional yard space for entertaining and recreation, two storage sheds and a separate art barn ideal for a studio, workshop, hobby space or private retreat. A long gated driveway provides additional parking and privacy.
With its spacious layout, hard-to-find oversized lot, pool and convenient Rowlett location near parks and the lake, this home offers an exceptional combination of indoor and outdoor living. Priced below appraised value-come see it 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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 29, 2026 | Price Decreased |
$399,900
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Oct 13, 2026 | Price Decreased |
$405,000
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Sep 18, 2026 | Listed by Texas Urban Living Realty | $415,000 | |
| Listed by Texas Urban Living Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017