2000 Redemption Drive
About This Property
highly sought after Millsap ISD, this stunning development has gorgeous, treed lots, and a beautiful large seasonal
pond located towards the back of the community. With sweeping views of the Texas countryside, the Sabinal floor plan
offers 4 bedrooms, Office, 2.5 full baths, PLUS a game room upstairs. With soaring 11' ceilings in your living room, this
home sweeps you right in! Perfect for hosting any get together! Enjoy country living on this gorgeous 2 acre corner lot
in this cozy elevated neighborhood, where you can you be social and secluded. Don't miss your opportunity to own
your piece of Parker County.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 2, 2025 | No longer available | - | |
| No longer available | |||
| Aug 1, 2025 | Sold | ||
| Sold | |||
| Jun 22, 2025 | In contract | - | |
| In contract | |||
| Jun 4, 2025 | Price Decreased |
$449,900
↓ $20K
(4.3%) | |
| Price Decreased | |||
| May 21, 2025 | Price Decreased |
$469,900
↓ $16K
(3.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017