Welcome home to this beautiful property in the gated community of
Cotton Creek Ranch! This home sits on nearly half an acre! With
almost 4000 square feet of sunlit beauty, this stately, two story,
brick and stone residence offers 5 bedrooms, 4 full baths, 4 cozy
living spaces, and plenty of parking for everyone with a 3 car
garage and an extended driveway. Step into this beautiful home with
glowing hardwood floors, soaring vaulted ceilings, and artful
finishes. Begin your morning by walking from the kitchen through
the sunny family room to the French doors that lead out to the
charming front porch as the world wakes up. At the heart of this
inviting home lies a dream kitchen! This kitchen offers a gas
cooktop, double ovens, an expansive island, and a walk-in pantry.
The open concept style of this home is great for entertaining
because it brings the kitchen and living room together and invites
coversation around the huge stone fireplace. When the sun sets,
retreat to the luxurious primary suite, complete with a sitting
area, separate vanities, a custom tile shower, and a soaking tub
made for long, relaxing afternoons. Up the winding staircase, a
separate wing of bedrooms awaits, along with a spacious game room
and a private media room. Here, cinematic adventures come to life,
made complete with the included projector, soundbar, and subwoofer
for unforgettable movie nights under the stars. Energy efficiency
is evident throuhout the home. The home offers tankless hot water,
energy wise, double pane windows, solar window screens and extra
attic insulation keeping the climate comfortable. Outside, the
magic continues on a covered patio overlooking a private, wood
fenced yard with a full sprinkler system. Unwind by the glowing
backyard firepit, store your treasures in the handy outdoor shed,
and enjoy seamless access to Highway 287, local shops, and the
coveted schools of Midlothian ISD.
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.
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