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1316 Hillridge DR
About This Property
Inside, you'll find real hardwood floors, crown molding, custom window treatments, and an effortless, light-filled layout. The spacious living and dining areas are perfect for both everyday living and entertaining, while a dedicated home office with French doors offers privacy and function. The gourmet kitchen is equipped with granite counters, stainless appliances, center island, walk-in pantry, and a butler's pantry for additional prep and storage space.
The primary suite is a private retreat with a spa-like bath featuring dual vanities, a walk-in shower with custom tile, a jetted garden tub, and a generous walk-in closet. One secondary bedroom includes its own private en-suite bathroom, ideal for guests or multigenerational living, while the third bedroom is conveniently located near the third full bath.
Step outside to your resort-style backyard featuring a heated pool, cascade waterfall, baja shelf with jets, expansive deck space, and a fully equipped outdoor kitchen under an extended covered terrace. Privacy trees and lush landscaping complete the peaceful setting.
Additional features include a 3-car tandem garage with epoxy floors, ceiling-mounted storage racks, custom workshop cabinetry, and a water softener. Enjoy access to Teravista's exceptional amenities, including golf, pools, trails, sports courts, parks, a fitness centers, and planned social activities. Zoned to top-rated schools and close to major employers, hospitals, dining, and shopping-this home truly has it all. New Roof May 2025!
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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 |
|---|---|---|---|
| Jul 16, 2025 | In contract | - | |
| In contract | |||
| Jun 27, 2025 | Listed by Compass RE Texas, LLC | $640,000 | |
| Listed by Compass RE Texas, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017