$450,000
●
House -
Off Market
11208 Southerland Drive
Denton, TX 76207
3 Beds
0 Bath
1,586 Ft²
$2,460
Est. Monthly
$153
HOA / Fees
5.34%
Cap Rate
About This Property
Welcome Home! This showstopper on the golf course at Robson Ranch
is gorgeous and meticulously well kept. The home has 3 bedrooms and
2 bathrooms with ceramic title, no carpet. The home is light and
bright with bay windows providing tremendous natural ight and new
plantation shutters on the back patio door. The kitchen opens to
the living and dining areas whiich is perfect for enteraining along
with a beautiful quartz waterfall island. The primarty bedroom
opens to a bonus screened in patio for you to enjoy a great book or
cup of coffee during the Texas heat, and on cool days you can relax
in peace on your patio with an incredible view of the South golf
course at Robson Ranch. Join this 55 and over community at Robson
Ranch and experience the a wide array of clubs and activities,
including 27 holes of golf, outdoor pool, pickleball courts, tennis
courts, fitness center, and indoor lap pool. If home is where
the heart is, there is alot of love to share with this home and
community.
Unit Size
1,586 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$296
Property Type
House
Property Taxes
-
HOA Dues
$153
Year Built
2005
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (NTREIS #20729810)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 25, 2024 | Sold | ||
| Sold | |||
| Sep 28, 2024 | In contract | - | |
| In contract | |||
| Sep 15, 2024 | Listed by Engel & Voelkers Dallas-FLMnd | $469,900 | |
| Listed by Engel & Voelkers Dallas-FLMnd | |||
| Feb 22, 2024 | Sold | ||
| Sold | |||
| Nov 30, 2023 | Listed by Jeff Brown Realty Group | $459,500 | |
| Listed by Jeff Brown Realty Group | |||
| | |||
|
STOP LOOKING! THIS IS THE ONE! On the Golf course at Robson Ranch for under 500,000! Beautifully updated and meticulously kept, this home shows like a model home! 3 bedroom, 2 bath has ceramic tile throughout. Brand new plantation shutter sliders on back patio door. Light and bright kitchen with a stunning quartz waterfall island! Big Bay windows in breakfast nook add to the open and spacious kitchen. Enjoy having a cup of coffee on the back extended patio as you take in the fabulous view of the south golf course at Robson Ranch. There is also a bonus screened in sitting area off patio and master bedroom. Robson Ranch offers a multitude of clubs and activities, including 27 holes of golf on 3 courses. Pickleball courts, tennis courts and a state of the art fitness center. Indoor lap pool and resort style outdoor pool, as well as hundreds of clubs to pick from! Join this vibrant 55 and older community where social activities and recreational opportunities abound. Welcome Home!
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Denton
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Listed by: Chris Shortino, Engel & Voelkers Dallas-FLMnd
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20729810
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20729810
Details provided by NTREIS and may not match the public record
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