$1,895,000
●
Land -
Off Market
1905 Lakeshore Drive
Westlake, TX 76262
Studio
0 Bath
$2,087,732
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model
About This Property
Create your dream home on this serene treed property in the
exclusive community of Quail Hollow. Enjoy Luxury estate living in
this 24-hour Gated & Guarded community! This Westlake home site
offers a choice of International Baccalaureate Westlake Academy or
Southlake-Carroll ISD! This exclusive 188-acre private community is
set amidst one of the most desirable locations in all of North
Texas. Limited to only 92 home sites and most lots are now sold.
Minimum square footage of home is 5,500 sq.ft. Buyer to verify all
measurements, schools, and HOA information. COME SEE ONE OF THE
MOST EXCLUSIVE OPPORTUNITIES IN QUAIL HOLLOW ESTATES.
Unit Size
-
Days on Market
-
Land Size
1.41 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
$542
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (NTREIS #14605281)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 5, 2023 | Sold | ||
| Sold | |||
| Jul 28, 2022 | Listed by Allie Beth Allman & Associates | $2,200,000 | |
| Listed by Allie Beth Allman & Associates | |||
| | |||
|
CHOOSE YOUR BUILDER! Rare opportunity to own 1 or 2 adjacent lot(s) in Westlake's exclusive Quail Hollow community. Positioned on a private street with mature trees, this property offers quick access to 114, DFW & Alliance airport, Southlake Town Square, and numerous Country Club-Golf communities. Surrounded by 188 acres, Quail Hollow has 24-hr Guarded & Gated entry and is considered the premier North Texas location for building a Luxury Estate! Take advantage of your choice of enrollment into the International Baccalaureate Westlake Academy with your approved builder. Survey is included in mls-docs.
| |||
| Dec 30, 2021 | Sold | ||
| Sold | |||
| Jul 8, 2021 | Listed by Ebby Halliday, REALTORS | $1,895,000 | |
| Listed by Ebby Halliday, REALTORS | |||
| | |||
|
Create your dream home on this serene treed property in the exclusive community of Quail Hollow. Enjoy Luxury estate living in this 24-hour Gated & Guarded community! This Westlake home site offers a choice of International Baccalaureate Westlake Academy or Southlake-Carroll ISD! This exclusive 188-acre private community is set amidst one of the most desirable locations in all of North Texas. Limited to only 92 home sites and most lots are now sold. Minimum square footage of home is 5,500 sq.ft. Buyer to verify all measurements, schools, and HOA information. COME SEE ONE OF THE MOST EXCLUSIVE OPPORTUNITIES IN QUAIL HOLLOW ESTATES.
| |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Westlake
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Listed by: Kelly Marcontell, Ebby Halliday, REALTORS
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14605281
Details provided by NTREIS and may not match the public record
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14605281
Details provided by NTREIS and may not match the public record
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