1029 Crestline Drive
About This Property
Recent major improvements include a 1-year-old roof, foundation reinforcement completed 2 years ago with warranty, and a 2-year-old AC unit, giving buyers long-term peace of mind.
The property offers exceptional outdoor value with two storage buildings: an 8×12 barn-style storage building and a 14×18 red metal storage building, perfect for tools, lake gear, workshop space, or hobbies. Even more rare, the home comes with the additional lot directly behind the house, extending the property all the way to the next street and providing extra privacy, space, and future flexibility for parking, expansion, or investment.
Located close to West Tawakoni Park, local dining, and endless lake recreation, this move-in-ready home delivers comfort, convenience, and the bonus of expanded land in a desirable lake-area setting.
Walking distance to the Private Lake Side Park and Private boat launch and dock which is included with the HOA annual dues. Buyers and buyer's agent must verify information.
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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%.
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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.
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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 |
|---|---|---|---|
| Mar 30, 2026 | Sold | ||
| Sold | |||
| Mar 6, 2026 | In contract | - | |
| In contract | |||
| Feb 24, 2026 | Listed by Keller Williams Rockwall | $230,000 | |
| Listed by Keller Williams Rockwall | |||
| Dec 5, 2023 | Sold | ||
| Sold | |||
| Oct 2, 2023 | Listed by Oyezz Real Estate | $229,900 | |
| Listed by Oyezz Real Estate | |||
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Complete remodel in Indian Oaks West Tawakoni community including 1 and half lots. See attached survey for details. New HVAC system, new luxury vinyl plank flooring throughout, new kitchen and vanity cabinets. New granite and tile backsplash, bathrooms include new title tub and shower surround. Elevated lot with mature trees. Barn shaped storage building 8x12, and Red metal storage building 14 x18 (Red metal building is on a separate vacant lot today if included, will need to be moved onto the lot by the buyer). Carport 11x21. Seller to Pay $ 5000.00 as a credit at closing to buy down the buyer interest rate. Take us up on this offer. Walking distance to the Private Lake Side Park and Private boat launch and dock which is included with the HOA annual dues.
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About West Tawakoni
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017