29
Map
2511 Gladstone Drive
About This Property
Outside is where this property really separates itself. The HUGE backyard offers an incredible amount of space beneath mature trees with endless possibilities for entertaining, pets, play, gardening, or even creating your own backyard oasis. A modern 6 foot cedar privacy fence surrounds the yard, while the large patio provides the perfect place for outdoor gatherings. Additional features include a separate utility room, covered front porch, extended driveway with covered parking, and an elementary school just a short walk away. Best of all, you are less than 10 minutes from Bishop Arts, putting some of Dallas' favorite restaurants, shopping, entertainment, and nightlife practically in your backyard.
Beautifully renovated, incredibly spacious, and packed with character, this North Oak Cliff gem offers the charm of an established Dallas neighborhood with the modern finishes buyers are looking for.
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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 14, 2026 | Price Decreased |
$423,000
↓ $12K
(2.8%) | |
| Price Decreased | |||
| Sep 11, 2026 | Price Decreased |
$434,990
↓ $15K
(3.3%) | |
| Price Decreased | |||
| Sep 4, 2026 | Price Decreased |
$449,990
↓ $10K
(2.2%) | |
| Price Decreased | |||
| Aug 7, 2026 | Listed by RE/MAX DFW Associates | $459,990 | |
| Listed by RE/MAX DFW Associates | |||
| Mar 4, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017