38
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2004 Misty Creek Drive
About This Property
The open-concept layout includes a welcoming living room anchored by a classic brick wood-burning fireplace. A second living area with a built-in wet bar offers the ideal space for entertaining, while the dedicated dining room and cozy breakfast nook provide flexibility for both formal and casual meals. The home's split-bedroom floor plan ensures added privacy, with the expansive primary suite conveniently located downstairs. This retreat includes dual vanities, a jetted soaking tub, a separate walk-in shower, and ample closet space.
Step outside into a tranquil backyard enclosed by a privacy fence-an ideal setting for quiet evenings or weekend get-togethers. For those new to the area, this home is just minutes from major retail and dining destinations like Arlington Highlands and The Parks Mall. Outdoor recreation is easily accessible at nearby golf courses, parks, and Joe Pool Lake. With proximity to Cedar Hill State Park and excellent highway access for smooth commuting across DFW, this home offers comfort, convenience, and a fantastic location.
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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 |
|---|---|---|---|
| Oct 2, 2026 | Relisted | $440,000 | |
| Relisted | |||
| Sep 14, 2026 | In contract | - | |
| In contract | |||
| Sep 2, 2026 | Relisted | $440,000 | |
| Relisted | |||
| Sep 1, 2026 | No longer available | - | |
| No longer available | |||
| Jun 18, 2026 | In contract | - | |
| In contract | |||
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About Southwest Arlington
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$1,825 /mo
- 2 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017