1612 Lost Creek Drive
About This Property
Welcome to this beautiful 4-bedroom, 3 full-bath home, perfectly nestled in a picturesque Allen neighborhood! The home features generously sized bedrooms, including a luxurious primary suite with an ensuite bath and large primary closet. The home is located on a large corner lot and boasts a spacious floor plan that's perfect for both everyday living as well as entertaining. The well-appointed kitchen has new double ovens and a gas cooktop, large living areas, and ample natural light create a welcoming atmosphere.
The oversized backyard offers plenty of room for outdoor activities, gardening, or simply relaxing in a private, serene setting. Plus, you'll love being just steps away from the community pool and scenic walking trails-ideal for outdoor lovers. Whether you're enjoying a peaceful evening at home or exploring the vibrant neighborhood, this property truly has it all!
Situated just minutes from top-rated Allen schools, this home offers easy access to shopping, dining, and major highways, making commuting throughout Collin County a breeze. With its fantastic location, excellent amenities, and comfortable living spaces, this home is perfect for individuals or families looking to settle in one of Allen's most desirable neighborhoods. Don't miss the opportunity to make it yours! Schedule your tour 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 |
|---|---|---|---|
| May 1, 2025 | Sold | ||
| Sold | |||
| Mar 31, 2025 | In contract | - | |
| In contract | |||
| Mar 1, 2025 | Price Decreased |
$574,500
↓ $15K
(2.5%) | |
| Price Decreased | |||
| Feb 12, 2025 | Listed by Keller Williams Realty Allen | $589,500 | |
| Listed by Keller Williams Realty Allen | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017