1294 Delmita Drive
About This Property
The open main level connects the kitchen, dining, and living areas, making it easy to host friends or keep everyone together on a busy weeknight. The kitchen features upgraded cabinetry, stainless steel appliances, a large single-basin sink, and plenty of counter space. Custom entry wallpaper, decorative wall molding, accent walls, and upgraded lighting add character throughout.
Upstairs, the primary suite includes a walk-in closet and private bath. A second living area offers flexible space for a game room, media room, office, or playroom. The customized laundry room adds built-in cabinetry and floating shelves, while the fenced backyard and covered patio provide space to relax outdoors.
Travis Ranch residents have access to community parks, a pool, and walking trails. The home is also convenient to Costco, shopping, dining, and major routes connecting Forney to Dallas, Mesquite, and Terrell.
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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 16, 2026 | Price Decreased |
$279,999
↓ $7K
(2.3%) | |
| Price Decreased | |||
| Sep 3, 2026 | Price Decreased |
$286,500
↓ $3K
(0.9%) | |
| Price Decreased | |||
| Jul 14, 2026 | Listed by CENTURY 21 Judge Fite Co. | $289,000 | |
| Listed by CENTURY 21 Judge Fite Co. | |||
| Feb 16, 2026 | No longer available | - | |
| No longer available | |||
| Feb 11, 2026 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017