1811 Canelo Drive
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Apr 29, 2026 | Sold | ||
| Sold | |||
| Apr 20, 2026 | In contract | - | |
| In contract | |||
| Mar 26, 2026 | Price Decreased |
$274,900
↓ $10K
(3.5%) | |
| Price Decreased | |||
| Dec 15, 2025 | Listed by Keller Williams Realty DPR | $285,000 | |
| Listed by Keller Williams Realty DPR | |||
| | |||
|
Welcome to 1811 Canelo Drive — a charming and spacious home offering modern updates and an unbeatable location in Dallas. This inviting residence features 4 bedrooms and 2 full baths, thoughtfully designed for comfortable living and flexible use.
Inside, beautiful hardwood flooring runs throughout the home, adding warmth and character to the expansive living spaces. The kitchen is equipped with stainless steel appliances and a gas range, ideal for everyday cooking and entertaining. Both bathrooms have been tastefully updated with modern finishes, creating a clean and contemporary feel.
The fourth bedroom offers versatility and would make an excellent guest room or home office. Outside, the large backyard provides ample space for outdoor living, gardening, or entertaining.
Conveniently located with quick access to major highways, this home is just minutes from Bishop Arts District, downtown Dallas, and all the dining, shopping, and entertainment the area has to offer. Blending charm, updates, and location, 1811 Canelo Drive is a wonderful place to call home.
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| Jan 13, 2021 | Sold | ||
| Sold | |||
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About Southwest Dallas
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Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14484586
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017