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Map
1704 Heron Drive
About This Property
This home also offers peace of mind with a foundation repair completed with a lifetime warranty. Recent updates include a new driveway, front landscaping, and an app-controlled irrigation system with foundation dripline, which adjusts automatically based on the season. Solar panels have been installed and will be paid off at closing, making this an energy-efficient choice for the environmentally conscious buyer.
Step outside to the extended epoxy-coated patio, perfect for relaxing or entertaining. The backyard features a landscaped retaining wall with integrated electrical outlets and app-controlled lighting, along with a beautiful fountain that has its own irrigation zone. An additional outlet near the patio allows for grilling, while the garage offers an added electrical outlet with a dedicated breaker.
As a resident of Paloma Creek, you'll enjoy access to multiple community pools, a clubhouse, parks, and walking trails. With convenient access to nearby retail, dining in Frisco and Little Elm, and the growing Fields development and PGA Frisco area, this home offers the perfect balance of comfort, convenience, and community. Don't miss the opportunity to make this stunning property 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 |
|---|---|---|---|
| May 29, 2026 | Sold | ||
| Sold | |||
| May 5, 2026 | In contract | - | |
| In contract | |||
| May 1, 2026 | Relisted | $300,000 | |
| Relisted | |||
| Apr 27, 2026 | In contract | - | |
| In contract | |||
| Apr 21, 2026 | Price Decreased |
$300,000
↓ $25K
(7.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017