$612,500
●
House -
Off Market
11687 Mesa Verde Drive
Frisco, TX 75033
4 Beds
0 Bath
4,216 Ft²
$883,308
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model
About This Property
Outstanding Drees built home located on an oversized lot in The
Trails. Hard to find 1.5 story home with all bedrooms and study
down. Game room and media upstairs. Backyard oasis features a pool
and spa, covered patio, 8 foot BB fence, extensive landscaping and
a grassy play area. Features include plantation shutters, custom
millwork, nail down hardwoods, cov.porch, 3 car wide garage, plus
more. Kitchen has an island, granite countertops, double ovens, gas
cooktop, and a planning center. Luxurious master suite has a bay
window, separate vanities, large walk in closet, and is split for
privacy. Zoned to highly ranked Wakeland High School. Community
pool, park, jogging trails, and tennis courts.
Unit Size
4,216 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$148
Property Type
House
Property Taxes
$978
HOA Dues
$58
Year Built
2002
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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 #14302941)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 29, 2022 | Sold | ||
| Sold | |||
| Jul 13, 2022 | Listed by Allie Beth Allman & Assoc. | $900,000 | |
| Listed by Allie Beth Allman & Assoc. | |||
| | |||
|
Quick Occupancy available! PRISTINE! ALL bedrooms + study DOWN! Hard to find mostly 1 story living. Truly special Drees custom 1.5 story. Tucked away stairs lead to: game, media, full bath & bonus rm. Spectacular millwork, moldings, ceiling heights & storage. Open kitchen to living room. Three way bedroom split. INTERIOR CORNER LOT with outdoor living, pool, large grassy area & extensive recent landscape. Huge island kitchen with culinary Samsung Smartthings oven & microwave with steam oven capabilities. Samsung Smartthings gas cooktop too! Kit has slide out drawer hardware for the ultimate ease & storage.2022 Primary bath update with Jetta J30-X air jetted tub & updated tile. TV cab in LR updated too. Hot water heaters in 2021. Freshly painted. Pool updated to saltwater system in 2021 with replaced pool cleaner. The Trails is one of the finest Frisco areas with mature landscaping & shade trees, winding paths, golf, pools & exemplary schools in the neighborhood. Shed will convey.
| |||
| May 5, 2020 | Sold | ||
| Sold | |||
| Mar 12, 2020 | Listed by C21 Fine Homes Judge Fite | $625,000 | |
| Listed by C21 Fine Homes Judge Fite | |||
Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About The Trails
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Listed by: Tom Robertson, C21 Fine Homes Judge Fite
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14302941
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14302941
Details provided by NTREIS and may not match the public record
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