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136 Ocotillo Drive
About This Property
natural light, and a cozy gas fireplace. A well-appointed kitchen features a large island, quartz countertops, gas cooktop, and ample cabinetry-providing more than enough space and storage for everyday life or hosting gatherings. Custom moldings, decorative lighting, and built-in shelving throughout add warmth and character. The split-bedroom layout offers privacy, with the 4th bedroom featuring an ensuite bath-perfect for a guest suite or MIL retreat. The serene primary suite includes a spa-like bathroom with soaking tub, dual vanities, walk-in shower, and expansive closet. A flexible second living area can serve as a formal dining room or a game room for the kids. The dedicated home office includes his & her custom desks and built-ins-ideal for working from home or managing a busy household. Step outside to your private backyard oasis featuring a custom-designed swimming pool with tanning ledge, relaxing water features, a putting green, and an oversized covered patio with wood-burning fireplace-designed for year-round enjoyment. Golf enthusiasts will love the private golf cart access to Waxahachie Golf Club, just a short walk away. The oversized 3-car garage has plenty of room for all your toys, including your golf cart. This is the one where space, style, and location meet-your dream home in Katy Lake on the Green awaits! Schedule your private showing today!
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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 6, 2026 | Sold | ||
| Sold | |||
| Jun 22, 2026 | In contract | - | |
| In contract | |||
| Apr 17, 2026 | Relisted | $750,000 | |
| Relisted | |||
| Apr 9, 2026 | In contract | - | |
| In contract | |||
| Mar 18, 2026 | Listed by Keller Williams Realty DPR | $750,000 | |
| Listed by Keller Williams Realty DPR | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017