1106 Placid Circle
About This Property
Welcome to this beautiful 4-bedroom, 2-bath home located in the desirable Lakes at University Parks, just minutes from Baylor University. Enjoy peaceful waterfront views paired with modern comfort and convenience.
This thoughtfully designed home features an open layout with laminate flooring throughout and tile in the bathrooms for easy maintenance. The kitchen shines with granite countertops, beautiful cabinetry, and stainless steel, high-quality appliances, making it perfect for everyday living and entertaining.
The spacious backyard is fully fenced, ideal for pets or gatherings, and the home offers both a covered front porch entry and a covered patio to relax and take in the serene setting. Additional highlights include a 2-car garage with a smart garage door opener and energy-efficient features throughout.
Whether you're looking for a primary residence or an investment opportunity close to Baylor, this waterfront gem checks all the boxes.
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Cap Rate Calculator
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 9, 2026 | Sold | ||
| Sold | |||
| Aug 11, 2026 | In contract | - | |
| In contract | |||
| May 4, 2026 | Listed by Berkshire Hathaway Texas Realty | $285,000 | |
| Listed by Berkshire Hathaway Texas Realty | |||
| Jan 21, 2024 | No longer available | - | |
| No longer available | |||
| Jan 12, 2024 | Price Decreased |
$319,500
↓ $8K
(2.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017