1402 Englemann Drive
About This Property
Inside, you'll find a bright and functional layout with luxury vinyl plank flooring throughout the first floor, providing both style and easy maintenance. The spacious living area flows seamlessly into the dining space and kitchen, creating an ideal setup for everyday living and entertaining. The kitchen features granite countertops, abundant cabinetry, a breakfast bar, and a large walk-in pantry, offering both storage and functionality.
The primary suite is generously sized and filled with natural light, complete with a sitting area perfect for relaxing or a private workspace. The ensuite bathroom includes a garden tub, separate shower, double vanity, and a large walk-in closet. Upstairs, you'll find three additional bedrooms and a full bathroom, with comfortable carpeting throughout the second level.
Step outside to a large backyard with a privacy fence, providing plenty of space for outdoor activities, pets, or future additions like a patio or play area.
Residents of Cypress Bend enjoy access to community amenities including parks, playgrounds, and trails, creating opportunities for outdoor enjoyment close to home. The property is conveniently located near Lavon Lake, offering boating, fishing, and scenic recreation, as well as nearby shopping, dining, and entertainment options in Princeton, McKinney, and Allen. With easy access to major roadways, commuting throughout the DFW Metroplex is simple and convenient.
This home offers a great combination of comfort, functionality, and location, making it an excellent opportunity for buyers seeking space and convenience in a growing area.
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Cap Rate Calculator
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 29, 2026 | Sold | ||
| Sold | |||
| May 29, 2026 | No longer available | - | |
| No longer available | |||
| May 5, 2026 | Price Decreased |
$295,000
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Apr 14, 2026 | Relisted | $300,000 | |
| Relisted | |||
| Mar 24, 2026 | In contract | - | |
| In contract | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Princeton
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017