1513 Brook Lane
About This Property
Discover a rare opportunity in sought-after Morgan Lake Estates-nearly one full acre offering privacy, space, and an exceptional outdoor lifestyle in a prime Celina location.
The backyard is a true highlight, featuring a private swimming pool, expansive outdoor living and entertaining space, and plenty of additional yard to enjoy. Whether hosting family and friends, relaxing poolside, or simply enjoying the privacy that comes with an acreage property, this home provides a combination increasingly difficult to find in Celina.
Inside, approximately 2,900 square feet provides generous living space with a functional layout designed for everyday living and entertaining. The property's prime lot, mature setting, and established neighborhood provide the feel of country living while remaining convenient to Celina's shopping, dining, schools, and major North Texas corridors.
For buyers searching for more than a house on a small suburban lot, this property delivers the space, privacy, pool, and outdoor lifestyle that make Morgan Lake Estates special.
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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 |
|---|---|---|---|
| Sep 28, 2026 | Price Decreased |
$879,000
↓ $20K
(2.2%) | |
| Price Decreased | |||
| Aug 17, 2026 | Listed by Beycome Brokerage Realty LLC | $899,000 | |
| Listed by Beycome Brokerage Realty LLC | |||
| Sep 17, 2019 | Sold | ||
| Sold | |||
| May 30, 2019 | Listed by Berkshire HathawayHS PenFed TX | $535,000 | |
| Listed by Berkshire HathawayHS PenFed TX | |||
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Spectacular Custom 1 Story on 1 Acre in Celina! Beautiful Open 4 Bedroom Home Features Soaring Ceilings, Spacious Study, Family Room with Floor to Ceiling Stone Fireplace, Granite Island Kitchen with Gas Cook-top & Double Oven, Hand-Scraped Hardwoods & Tile Throughout, Large Master with Patio Access, Huge Utility Room, 3 Full Baths,3 Bedrooms on One Wing of the House & Master on the Other. Covered Patio, Saltwater Play Pool with Water Feature & Spa, Outdoor Living Center with Grill & Fireplace, Separate Dog Run with Iron Fence, 3 Car Garage. Serene Country Living & Views just minutes from nearby Cities. THIS HOME HAS IT ALL! **$2,000 BONUS FOR ANY BUYER AGENT THAT BRINGS ACCEPTABLE EXECUTED OFFER BY AUGUST 18**
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| Jan 2, 2019 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017