1705 Westlake Drive
About This Property
The fully refreshed interior showcases a cohesive, upscale aesthetic with new paint, updated flooring, modern lighting, and a stylish kitchen featuring sleek countertops, refreshed cabinetry, and upgraded fixtures for everyday cooking or hosting. Both bathrooms have been beautifully updated with contemporary tile, new vanities, and spa-inspired finishes, enhancing daily routines and lending a boutique-hotel feel. A private primary suite with an updated en-suite bath and ample closet space creates a true retreat, while secondary bedrooms offer flexibility for guests or a dedicated home office, all flowing easily in a comfortable single-story layout.
Outside, the classic brick exterior and fresh curb appeal make a striking first impression, while the generous backyard hosts a beautiful in-ground pool perfect for entertaining. Situated in a central Plano location with convenient access to major commuter routes, shopping, dining, and everyday conveniences-and set within Plano ISD, in a quiet residential setting close to parks and recreation-1705 Westlake Dr delivers luxurious, practical living with the feel of a private retreat.
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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 1, 2026 | Sold | ||
| Sold | |||
| Mar 26, 2026 | Listed by Ballmark Realty LLC | $525,000 | |
| Listed by Ballmark Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017