1220 Glendon Drive
About This Property
From the moment you step inside, you'll be greeted by soaring ceilings, wood-look ceramic tile flooring, and an open-concept design ideal for both everyday living and grand-scale entertaining. The chef's kitchen opens seamlessly to the living area and features modern finishes, ample cabinetry, and generous counter space. Multiple living areas provide flexibility for relaxation, recreation, or hosting gatherings, while the formal dining room adds an extra touch of sophistication.
Working from home is a breeze with a dedicated office space offering privacy and natural light. The expansive media room is wired for sound and can easily serve as a sixth bedroom or bonus space, providing even more versatility for your lifestyle needs.
Upstairs and down, the home is flooded with natural light and boasts upgrades throughout. Retreat to the spacious owner's suite complete with a spa-like bath and walk-in closet. Step outside to a large covered patio and expansive backyard-an ideal canvas for your future outdoor oasis.
Situated in South Forney, Grayhawk offers convenient access to I-20 and Highway 80, making your commute to Dallas and surrounding areas effortless. This home is more than just a place to live-it's a gateway to the lifestyle you deserve. Don't miss your opportunity to join one of the fastest-growing communities in North Texas!
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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 |
|---|---|---|---|
| Oct 23, 2025 | Sold | ||
| Sold | |||
| Oct 3, 2025 | In contract | - | |
| In contract | |||
| Aug 21, 2025 | Price Decreased |
$475,000
↓ $25K
(5%) | |
| Price Decreased | |||
| Aug 8, 2025 | Price Decreased |
$499,999
↓ $15K
(2.9%) | |
| Price Decreased | |||
| Jun 14, 2025 | Listed by CENTURY 21 Judge Fite Co. | $515,000 | |
| Listed by CENTURY 21 Judge Fite Co. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017