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1426 Levee Lane
About This Property
The kitchen offers granite countertops, center island, stainless appliances, abundant cabinetry, and a walk-in pantry. The downstairs primary suite includes a large bedroom, dual vanities, soaking tub, separate shower, and walk-in closet. Every bedroom features a walk-in closet, adding excellent storage throughout the home.
Upstairs offers a flexible layout with a Jack-and-Jill bath, game room, secluded media or gaming room, and a separate wing that works well for extended-stay guests, multigenerational living, office use, or additional private living space.
Located in a quiet, well-kept community of only around 80 homes with low HOA dues, opportunities in this neighborhood are limited. Conveniently positioned with access to Dallas, Fort Worth, Arlington, I-20, I-35, US-67, DFW Airport, Love Field, Joe Pool Lake, Cedar Hill State Park, shopping, and dining. Come see it 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 |
|---|---|---|---|
| Jun 3, 2026 | Listed by Newfound Real Estate | $476,000 | |
| Listed by Newfound Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017