1184 Horizon Trace Drive
About This Property
perfectly from one room to another beginning in the kitchen with stainless steel appliances, farm sink, island, large walk-in pantry to the living area with wall of custom shelving and wood burning fireplace. The master suite with separate vanities, walk-in shower, large tub and custom closet
just ads to the quality of the home. This property has it all including no HOA, a subdivision that is secluded and located minutes from major highways.
Travel time is about 45 minutes to DFW Airport or Lockheed Martin or 30 minutes to Alliance.
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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 |
|---|---|---|---|
| Jul 16, 2026 | Sold | ||
| Sold | |||
| Jun 17, 2026 | In contract | - | |
| In contract | |||
| Jun 11, 2026 | Listed by Anne Land Real Estate | $507,000 | |
| Listed by Anne Land Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017