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1209 Spruce Drive
About This Property
The updated kitchen features a beautiful mint tile backsplash, plenty of cabinet space, and a layout that connects easily to the surrounding living and dining areas. The primary bedroom includes an ensuite bathroom, while the two additional bedrooms share a beautifully appointed full bathroom that feels like a retreat of its own. Custom cabinetry provides both style and storage, complemented by glass tile accents, ceramic tile flooring, soapstone countertops, and beautiful lighting that gives the space a warm, polished feel. A spacious soaking tub creates an inviting place to unwind, while the thoughtful combination of materials and finishes gives this bathroom a distinctly custom feel. A third updated full bathroom adds extra convenience for guests and family.
The backyard offers a sparkling pool surrounded by mature landscaping, creating a private spot to enjoy warm Texas days and evenings.
With its comfortable spaces, updated kitchen, flexible bonus room, three full bathrooms, and unmistakable character, this home is a great fit for anyone looking for a home with personality in a well-established Richardson neighborhood.
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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%.
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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 |
|---|---|---|---|
| Nov 6, 2026 | In contract | - | |
| In contract | |||
| Sep 17, 2026 | Listed by Keller Williams Dallas Midtown | $499,000 | |
| Listed by Keller Williams Dallas Midtown | |||
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About Arapaho Heights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017