1672 Sheldon Drive
About This Property
Four spacious bedrooms, three bathrooms, and a 3-car garage, there's plenty of room for both comfort and storage. Oversized home office can also be optional 5th bedroom. The open-concept layout creates a seamless flow between the kitchen, dining, and living areas, with high ceilings that add an airy, expansive feel over the dinning area up to the 2nd story. The oversized kitchen island, is perfect for preparing meals, entertaining guests, or enjoying casual family gatherings. The generously sized backyard offers space for backyard activities, with a covered patio that's ideal for outdoor relaxation.
This community is filled with amenities, including parks, pool, walking trails, fitness center, and more, this home offers both comfort and convenience for all stages of life. Additionally, the home is situated within the highly-rated Forney ISD, known for its outstanding academic achievements and commitment to excellence. Forney ISD consistently earns top rankings, with several schools receiving recognition for their academic performance and innovative programs. Families will appreciate the quality of education and the numerous awards that Forney ISD has earned for its dedication to student success. NO MUD or NO PID TAX.
Exciting new retail developments are just around the corner! Gateway Blvd in Forney, Texas is becoming a vibrant shopping destination with new stores like Costco, Home Depot, Target, HEB and more coming soon. These new retail additions will provide convenience and a variety of shopping options, making this location even more desirable for your family. Enjoy easy access to all your favorite stores and amenities, right at your doorstep.
Come see this exceptional property today and make it your own!
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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 |
|---|---|---|---|
| Aug 29, 2025 | Sold | ||
| Sold | |||
| Aug 1, 2025 | In contract | - | |
| In contract | |||
| Jun 7, 2025 | Price Decreased |
$455,000
↓ $40K
(8.1%) | |
| Price Decreased | |||
| Mar 10, 2025 | Listed by JPAR Dallas | $495,000 | |
| Listed by JPAR Dallas | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017