Discover exceptional custom craftsmanship at 2711 Meadowview Drive
in Colleyville, a Larry Stuart custom home designed for comfortable
living and entertaining. Featuring four bedrooms all on the first
level, each with an ensuite bath, plus two half baths, including a
pool bath, this distinctive residence offers pool views from
multiple interior spaces. Plantation shutters, elegant finishes,
and three fireplaces with 30-inch gas logs add warmth and character
throughout. The home wraps around the pool, creating a seamless
connection between indoor and outdoor living. The spacious kitchen
features two oversized pantries, a wine refrigerator, reverse
osmosis system, two ovens, and a dishwasher with double drawers,
plus French door access to the outdoor areas. The private primary
suite overlooks the side garden, while the ensuite bath features
granite countertops, dual sinks and vanities, a dressing area,
stainless steel freestanding Ofuro soaking tub, and custom closet.
The formal living room, currently used as a study, includes a
custom bar area. Upstairs, the game room offers a wet bar, custom
shelving, and a large storage room. The backyard is a private
retreat featuring a pool with beach ledge, diving wall, and
fountain, plus covered and uncovered patios and a secluded
playground. Additional highlights include a 2025 Class 4 roof,
whole-house surge protection and water filtration, an 8x12 storage
shed, and a three-car garage plus parking for three additional
vehicles. The spacious laundry room includes a sink, beverage
refrigerator, and abundant storage. Conveniently located near DFW
International Airport, shopping, dining, and entertainment, this
Colleyville home combines custom design, exceptional amenities, and
a prime Metroplex location.
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.
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