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112 Fairway Drive
About This Property
The spacious kitchen offers abundant cabinetry and a breakfast nook, creating a functional gathering space with plenty of opportunity for future updates and personalization. The generously sized primary suite provides a private retreat, while the secondary bedrooms are thoughtfully positioned for comfort and privacy. Outside is where this property truly shines. Mature trees, open green space, a pool, workshop, raised garden beds, and plenty of room for kids, pets, and even a few chickens create the kind of lifestyle that's becoming increasingly difficult to find. Whether you're dreaming of gardening, entertaining, pursuing hobbies, or simply enjoying room to roam, this property offers the flexibility to do it all. Move-in ready and full of potential, 112 Fairway Drive presents a rare opportunity to enjoy acreage living in one of Parker County's most desirable communities, all within the highly acclaimed Aledo ISD.
Bring your personal style and make this Willow Park gem your own.
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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 26, 2026 | Price Increased |
$502,500
↑ $3K
(0.5%) | |
| Price Increased | |||
| Sep 15, 2026 | Listed by 4D Real Estate Group | $500,000 | |
| Listed by 4D Real Estate Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017