10373 Bobbie Lane
About This Property
At the heart of the home, the stunning open-concept kitchen is a true showpiece, appointed with quartzite countertops and a full-height backsplash, a built-in Thermador smart refrigerator, Monogram dual-fuel range, oversized appliance pantry, and an expansive laundry room that combines beauty with functionality. Step outside to your own private resort. The renovated pool and outdoor cabana, complete with a wood-burning fireplace, create the perfect setting for entertaining guests, hosting family gatherings, or enjoying peaceful evenings beneath the Texas sky.
For equestrian enthusiasts, this property is equally impressive. Behind a private electric gate, you'll find a well-appointed 3-stall barn with attached runs, tack room, feed room, and equipment shed. The sandy loam soil is ideal for horses, with room to add a riding arena. Majestic 300+ year-old pecan trees provide shade, beauty, and character and as an added bonus, there is a small creek running along the back of the property line!
This remarkable home offers the feel of new construction without the wait. Every detail has been thoughtfully curated, combining refined finishes, modern conveniences, and the beauty of acreage living. This is more than a home-it's a lifestyle and a rare opportunity to own one of North Texas' most exceptional equestrian estates.
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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 |
|---|---|---|---|
| Sep 18, 2026 | Price Decreased |
$1,575,000
↓ $75K
(4.6%) | |
| Price Decreased | |||
| Jul 9, 2026 | No longer available | - | |
| No longer available | |||
| Jul 9, 2026 | Listed by Coldwell Banker Realty Frisco | $1,650,000 | |
| Listed by Coldwell Banker Realty Frisco | |||
| Jun 5, 2026 | Price Decreased |
$1,800,000
↓ $99K
(5.2%) | |
| Price Decreased | |||
| May 25, 2026 | Price Decreased |
$1,899,000
↓ $51K
(2.6%) | |
| Price Decreased | |||
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About Denton
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017