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1505 Jane Lane
About This Property
Welcome to your private retreat-an exceptional 2,726 sq ft residence perfectly situated on a beautifully landscaped lot of over half an acre. This impressive 4-bedroom, 3-bathroom home offers two spacious primary suites, making it ideal for multi-generational living, guests, or a private owner's retreat.
Inside, you'll find expansive living areas filled with natural light, creating an inviting atmosphere for everyday living and entertaining. The heart of the home is the updated kitchen featuring double ovens, generous counter space, and abundant cabinetry, along with separate formal dining and breakfast areas for flexible hosting. A large dedicated office provides the perfect space for remote work, hobbies, or creative pursuits.
Step outside to your own backyard oasis, complete with a sparkling in-ground pool and charming pool house-perfect for summer gatherings and relaxing evenings. The property is fully enclosed by an architecturally striking rock wall, offering privacy while adding beautiful curb appeal.
Adding even more value is a 350 sq ft guest house with one bedroom and one bath-ideal for extended family, visiting guests, or potential rental use.
Conveniently located just off I-35, this home offers easy access to both Dallas and Waco, while being close to shopping, dining, entertainment, and highly rated schools. This remarkable property blends peaceful living with everyday convenience.
Don't miss your chance to own this rare and versatile property-schedule your private showing today!
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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 |
|---|---|---|---|
| May 27, 2026 | Sold | ||
| Sold | |||
| Apr 14, 2026 | In contract | - | |
| In contract | |||
| Mar 9, 2026 | Price Decreased |
$529,900
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Feb 23, 2026 | Price Decreased |
$539,900
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Jan 13, 2026 | Listed by Graceland Real Estate | $549,900 | |
| Listed by Graceland Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017