$1,288,000
●
House -
Off Market
1500 Nelson Drive
Irving, TX 75038
4 Beds
4 Baths,
1
Half Bath
4,714 Ft²
$1,713,417
RealtyHop Estimate
31.80%
Since Mar 1, 2021
TX-Dallas
Primary Model
About This Property
Elegant White stucco Spanish Style home with separate Casita &
amazing views to the Cottonwood Valley Golf Course. Gated courtyard
with fountain encloses home and private casita. Recent updates
include complete renovation of kitchen, powder, master bath &
install of hardwood floors in casita, living & kitchen. HUGE master
bed & bath features fireplace 2 closets & access to outside patio.
4th Bedroom is separate casita & includes full bath, closet &
kitchenette. Formal dining & study complete downstairs. Oversized
kitchen & breakfast include a separate fireplace & access to 2
outdoor grills, sink & frig. 3 Pergolas as well as a fire pit &
multiple patios. Upstairs are two large guest bedrooms with ensuite
baths.
Unit Size
4,714 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$276
Property Type
House
Property Taxes
-
HOA Dues
$433
Year Built
1998
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (NTREIS #14495604)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 18, 2021 | Sold | ||
| Sold | |||
| Jan 7, 2021 | Listed by Nicole Andrews Group | $1,300,000 | |
| Listed by Nicole Andrews Group | |||
| | |||
|
Elegant White stucco Spanish Style home with separate Casita & amazing views to the Cottonwood Valley Golf Course. Gated courtyard with fountain encloses home and private casita. Recent updates include complete renovation of kitchen, powder, master bath & install of hardwood floors in casita, living & kitchen. HUGE master bed & bath features fireplace 2 closets & access to outside patio. 4th Bedroom is separate casita & includes full bath, closet & kitchenette. Formal dining & study complete downstairs. Oversized kitchen & breakfast include a separate fireplace & access to 2 outdoor grills, sink & frig. 3 Pergolas as well as a fire pit & multiple patios. Upstairs are two large guest bedrooms with ensuite baths.
| |||
| Jun 24, 2019 | No longer available | - | |
| No longer available | |||
| Mar 8, 2019 | Listed | $997,000 | |
| Listed | |||
| | |||
|
Elegant White stucco Spanish Style home with separate Casita & amazing views to the Cottonwood Valley Golf Course. Gated courtyard with fountain encloses home and private casita. Recent updates include installation of hardwood floors throughout dining, living, office & master bedroom. HUGE master bed and bath features fireplace & access to outside patio. 4th Bedroom is separate casita & includes full bath, closet & sink area. Formal dining, study & wetbar complete the downstairs. Oversized kitchen & breakfast include a separate fireplace & access to 2 outdoor grills, sink & frig. 3 Pergolas grace the property as well as a fire pit & multiple patios. Upstairs are two large guest bedrooms each with ensuite bath. The manager has listed the unit size as 4714 square feet.
| |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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Baths
ft²
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About Las Colinas
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Listed by: Nicole Andrews, Nicole Andrews Group
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14495604
Details provided by NTREIS and may not match the public record
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14495604
Details provided by NTREIS and may not match the public record
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