30
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1608 Matagorda Drive
About This Property
This stunning contemporary home in Glen Hills offers nearly 3,900 square feet of thoughtfully designed living space with 4 bedrooms, 4 full baths, 2 half baths, and a private home office for this 2022 build.
The open-concept floor plan features soaring ceilings, warm wood accents, luxury vinyl plank flooring, and a chef-inspired kitchen with granite countertops, custom cabinetry, an oversized island, double ovens, a custom pantry, and a dry bar with a built-in wine cooler.
The spacious primary suite provides a spa-like retreat, while the generously sized secondary bedrooms offer comfort & privacy for family or guests.
Step outside to your own resort-style backyard featuring a heated pool and spa with waterfall, outdoor kitchen, fire pit, and a beautiful covered cedar gazebo.
located on just minutes from Downtown Dallas, Bishop Arts, shopping, dining, and major highways.
This exceptional home combines modern luxury and thoughtful design.
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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 |
|---|---|---|---|
| Aug 19, 2026 | Sold | ||
| Sold | |||
| Jul 22, 2026 | In contract | - | |
| In contract | |||
| Jul 17, 2026 | Listed by My Castle Realty | $788,000 | |
| Listed by My Castle Realty | |||
| Aug 15, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 25, 2025 | Price Decreased |
$844,900
↓ $14K
(1.6%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017