$1,795,000
●
Land -
Off Market
1909 Lakeshore Drive
Westlake, TX 76262
Studio
0 Bath
$1,941,552
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model
About This Property
Beautiful 1.60 acre home site! Are you ready to build your dream
home? This Westlake home site offers a choice of
International Baccalaureate Westlake Academy or Keller ISD! Quail
Hollow offers luxury estate living with 24-hour gated & guarded
community! This picturesque 188-acre private community is set
amidst one of the most desirable locations in all of North Texas.
Westlake, Texas living offers privacy within close proximity to
shopping, country clubs, golf, and only 13 minutes to DFW!
Additional lot premium fee of $50,000 will be add to lot if Buyer
chooses another preferred builder aside from Seller. Further
criteria and details available upon request.
Unit Size
-
Days on Market
-
Land Size
1.60 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 #13768372)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Jul 14, 2024 | In contract | - | |
| In contract | |||
| Jun 28, 2024 | Listed by Compass RE Texas, LLC. | $2,195,000 | |
| Listed by Compass RE Texas, LLC. | |||
| | |||
|
Rare opportunity to create your very own estate on this beautiful 1.60 acre home site in Westlake's exclusive Quail Hollow Estates. Rectangle shaped lot (see survey) set to maximize your structure + outdoor recreation of this large space. 1909 Lakeshore is the largest lot available in this exclusive community with 24-hour gated and guarded entry. Every aspect of Quail Hollow has been carefully orchestrated to offer residents the ultimate in luxury living. The layout of the 188 acres has been thoroughly planned to give each estate a sense of presence within its idyllic surroundings. The varied topography of Quail Hollow allows walks, runs, bike rides or strolls to be a unique pleasure. Limited to only 96 home sites, Quail Hollow is luxury living reserved for a select few. Take advantage of your choice of enrollment into the International Baccalaureate Westlake Academy or Keller ISD.
| |||
| Jun 23, 2024 | No longer available | - | |
| No longer available | |||
| Jan 2, 2024 | Listed by Compass RE Texas, LLC. | $2,195,000 | |
| Listed by Compass RE Texas, LLC. | |||
| | |||
|
Rare opportunity to create your very own estate on this beautiful 1.60 acre home site in Westlake's exclusive Quail Hollow Estates. Rectangle shaped lot (see survey) set to maximize your structure + outdoor recreation of this large space. 1909 Lakeshore is the largest lot available in this exclusive community with 24-hour gated and guarded entry. Every aspect of Quail Hollow has been carefully orchestrated to offer residents the ultimate in luxury living. The layout of the 188 acres has been thoroughly planned to give each estate a sense of presence within its idyllic surroundings. The varied topography of Quail Hollow allows walks, runs, bike rides or strolls to be a unique pleasure. Limited to only 96 home sites, Quail Hollow is luxury living reserved for a select few. Take advantage of your choice of enrollment into the International Baccalaureate Westlake Academy or Keller ISD.
| |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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About Westlake
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Listed by: Troy George, Synergy Realty
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 13768372
Details provided by NTREIS and may not match the public record
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 13768372
Details provided by NTREIS and may not match the public record
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