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1811 Magic Valley Lane
About This Property
New Price! Motivated Sellers Ready for What's Next, and You Can Begin Writing Your Story at This Amazing Home!
Located in the prestigious gated community of Lake Ridge in Cedar Hill, this beautiful 3-bedroom, 3-bath home sits on just over half an acre, surrounded by mature trees and overlooking a peaceful creek. With its private setting, spacious layout, and resort-style outdoor living, this home offers the perfect blend of comfort, entertaining, and everyday luxury.
Inside, you'll find two generous living areas, two dining spaces, a dedicated office, a media room, and two primary suites-one downstairs and one upstairs-making this home ideal for multi-generational living or hosting guests. The impressive kitchen features double ovens, abundant cabinetry, and plenty of counter space, making it the perfect gathering spot for family and friends. Two staircases add convenience and charm to the home's thoughtful design.
The backyard is truly a showstopper! Enjoy relaxing under the shade trees, creek views, and an incredible outdoor living area complete with a stone fireplace, outdoor kitchen, and party lighting. Whether hosting friends or enjoying a quiet evening at home, this outdoor oasis is ready for making memories.
Just minutes from Joe Pool Lake and Tangle Ridge Golf Course, Lake Ridge offers an outstanding lifestyle with a clubhouse, walking trails, stocked fishing ponds, parks, and an 18-hole championship golf course featuring a driving range, putting green, and chipping green.
With its beautiful setting, spacious design, and exceptional amenities, this home is ready for its next chapter. Come see all it has to offer and start writing your story here!
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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 |
|---|---|---|---|
| Nov 10, 2026 | Price Decreased |
$664,900
↓ $20K
(2.9%) | |
| Price Decreased | |||
| Sep 4, 2026 | Price Decreased |
$685,000
↓ $55K
(7.4%) | |
| Price Decreased | |||
| Jun 24, 2026 | Listed by eXp Realty | $739,500 | |
| Listed by eXp Realty | |||
| Jun 5, 2026 | No longer available | - | |
| No longer available | |||
| May 7, 2026 | Price Decreased |
$799,500
↓ $25K
(3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017