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1750 Lake Forest Drive
About This Property
A grand two-story entry with soaring ceilings and an elegant staircase creates a striking first impression, flanked by formal living and dining spaces that add timeless sophistication. The main level offers a private primary suite along with a secondary bedroom and full bath, ideal for guests, multigenerational living, or a dedicated home office. At the heart of the home, the oversized kitchen opens seamlessly to the spacious family room, creating the perfect gathering space for family and friends.
Upstairs, you'll find three additional bedrooms, two full bathrooms, a large game room, and a dedicated media room, providing plenty of space for entertainment, hobbies, or relaxing evenings at home.
Step outside and discover what truly sets this property apart. The backyard has been transformed into a private outdoor retreat featuring an expansive custom-covered patio, decorative stamped concrete, and a beautifully designed walkway leading to a second covered entertaining space. An oversized custom cedar privacy fence and electric sliding rear gate provide an added level of security, functionality, and privacy rarely found in the area.
Perfectly positioned in highly desirable North Rockwall, this home offers quick access to premier shopping, dining, and everyday conveniences. Commuters will appreciate the easy access to Highway 66, providing a convenient alternative across the lake while avoiding I-30 traffic and construction.
This is a rare opportunity to own a meticulously maintained former model home in one of Rockwall's most convenient and sought-after locations.
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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 |
|---|---|---|---|
| Oct 13, 2026 | In contract | - | |
| In contract | |||
| Oct 5, 2026 | Price Decreased |
$579,999
↓ $20K
(3.3%) | |
| Price Decreased | |||
| Aug 10, 2026 | Price Decreased |
$599,999
↓ $18K
(2.9%) | |
| Price Decreased | |||
| Jun 27, 2026 | Listed by CENTURY 21 Judge Fite Co. | $618,000 | |
| Listed by CENTURY 21 Judge Fite Co. | |||
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About Hillcrest Shores
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017