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214 Colt Drive
About This Property
Welcome to easy, elevated living in Lake Kiowa, one of North Texas' most sought-after communities. This newer-built home features 2,025 square feet anchored by an open-concept kitchen, living, and dining area for everyday living and entertaining. Fresh, contemporary finishes and a bright, airy layout showcase quality throughout - every detail feels current and truly move-in ready.
The main primary suite has space for a sitting area and a private bath that features an oversized shower, double sinks, a generous linen closet and thoughtfully designed walk-in closet. The second primary also features an en-suite bathroom with a tub-shower combo, inviting for guests or multi-generational living. The oversized 3 car garage has extra space for vehicles, a golf cart or storage. Foam insulation keeps energy costs low.
Step outside to a fenced backyard with room for pets, gardening, or weekend gatherings with a fire pit and sitting area.
Located in the gated community of Lake Kiowa, where residents enjoy 24-7 manned security.
Beyond the property, Lake Kiowa features recreation and community amenities including a lake for outstanding fishing, boating, water skiing, and paddle boarding, unlimited golf at the PGA-rated 18 hole golf course with a 9-hole par-3 addition, two beaches, walking trails, and a clubhouse with a restaurant.
Whether a full-time residence or weekend retreat, this move-in-ready home combines modern comfort with the lifestyle Lake Kiowa is known for.
Also, includes a 10 year transferable home warranty!
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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 |
|---|---|---|---|
| Sep 24, 2026 | Listed by Beycome Brokerage Realty LLC | $489,999 | |
| Listed by Beycome Brokerage Realty LLC | |||
| Feb 14, 2025 | Sold | ||
| Sold | |||
| Dec 26, 2024 | In contract | - | |
| In contract | |||
| Dec 14, 2024 | Listed by PREMIERE REAL ESTATE | $469,900 | |
| Listed by PREMIERE REAL ESTATE | |||
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NEW 4 bedroom, 3 bath home with 3 car garage near the east gate with lots of mature trees. The private backyard will make you feel like you’re in the country. This great home features an open floor plan with large kitchen island-breakfast bar and gas fireplace in living area. The primary bedroom suite has an oversized walk in shower, double vanity with seated area, and huge walk in closet. Another bedroom with en-suite bath acts as a second primary suite perfect for guests or family. Two more bedrooms and another bathroom round out the living space in this great home. The utility room is oversized with built in cabinetry and a folding area. Energy efficiency keeps electric bills low. Estimated completion date end of January.
Lake Kiowa is a gated community with 24 hour manned entrance, private lake for fishing or skiing, unlimited golfing on the PGA rated golf course, two beaches, a community center with restaurant and 19th hole, and soon a 9 hole par 3 course!
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| Aug 26, 2024 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017