1124 Wilson Drive
About This Property
Then there's Lantana itself. This home sits just steps from two of the community's five resort-style pools, with splash pads, two fitness centers, miles of hiking and bike trails, pickleball, tennis and basketball courts, playgrounds, parks, fishing ponds, and year-round community events. Denton ISD schools serve the community, with a private preschool on-site. Shopping, dining, groceries, and medical offices are minutes away; DFW International Airport is under 30 minutes, with Dallas and Fort Worth roughly 45.
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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 | In contract | - | |
| In contract | |||
| Sep 14, 2026 | Price Decreased |
$525,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Aug 20, 2026 | Listed by Real Broker, LLC | $535,000 | |
| Listed by Real Broker, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017