1808 Lakes Edge Boulevard
About This Property
Entertainment reaches new heights in the fully renovated, built-out media room-a dedicated space wired and ready for movie nights, game days, or hosting unforgettable gatherings. Outside, the backyard transforms into a private oasis, highlighted by a beach-entry swimming pool with a cascading waterfall, outdoor living center, built-in barbecue, grill and kitchen-perfect for al fresco dining under the Texas stars.
Location is everything, and this home delivers. Situated adjacent to the historic Walnut Creek Country Club-founded in 1974 and a cornerstone of Mansfield's community for over five decades-you'll enjoy easy access to premier golfing, social events, and recreational amenities that have made this club a beloved local landmark. The immediate area is buzzing with dynamic growth: new developments like The Reserve, a 200+ acre mixed-use district at Matlock and Broad Streets, are bringing upscale retail, dining, and entertainment options right to your doorstep. Major retailers such as Costco (breaking ground soon) and H-E-B (opened in 2024) are fueling the boom, alongside projects like Geyer Commons with its artisan markets, historic home restorations for shops and restaurants, and The Shops at Broad.
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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 |
|---|---|---|---|
| Feb 18, 2026 | Sold | ||
| Sold | |||
| Jan 12, 2026 | In contract | - | |
| In contract | |||
| Jan 5, 2026 | Price Decreased |
$529,000
↓ $21K
(3.8%) | |
| Price Decreased | |||
| Dec 3, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Dec 2, 2025 | Listed by BLVD Group | $550,000 | |
| Listed by BLVD Group | |||
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About Walnut Creek Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017