2804 Carriage Trail
About This Property
Welcome to this beautifully updated 4-bedroom, 4-bathroom home in the highly sought-after Village of Eldorado. Situated on a spacious 0.34-acre lot with mature trees, this traditional two-story offers generous living space, a beautiful pool & spa, and abundant indoor and outdoor living areas including a screened in patio: perfect for entertaining. Inside, you'll find timeless details including hardwood floors, cathedral ceilings, and decorative lighting. The heart of the home is the gourmet kitchen, featuring granite countertops, a large island, built-in refrigerator, gas cooktop, and double ovens, all open to the cozy family room with fireplace. The primary suite offers a private retreat with a free-standing tub, dual vanities, separate shower, and walk-in closet. Upstairs, two bedrooms feature ensuite baths and 2 additional flex rooms perfect for extra guests or office space. Enjoy resort-style living in your backyard with a gunite pool, spa, outdoor living center, and lush landscaping. A rare find, this property also includes a 4-car side-entry garage. Additional highlights include: - Two fireplaces (living & family room) - Formal dining & breakfast room - clubhouse, golf, tennis, jogging trails, and community pool access - Zoned to McKinney ISD (Valley Creek, Faubion, McKinney High).
Located just minutes from shopping, dining, and Eldorado Country Club, this home combines convenience, luxury, and timeless charm. (front sod is being installed this week)
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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 29, 2025 | Sold | ||
| Sold | |||
| Oct 8, 2025 | In contract | - | |
| In contract | |||
| Sep 23, 2025 | Listed by Funk Realty Group, LLC | $888,000 | |
| Listed by Funk Realty Group, LLC | |||
| Jul 5, 2022 | Sold | ||
| Sold | |||
| May 27, 2022 | Listed by eXp Realty LLC | $879,900 | |
| Listed by eXp Realty LLC | |||
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The Village of El Dorado feels as if you have left Texas and stumbled across the woods of the Deep South. The lot that 2804 Carriage Trail rests on was a builder special. The builder, Nick Lutz, and his interior designer spouse, Alicia Lutz created the home for all of its beauty. This colonial white stunner was painted by demand by the HOA, and the story goes that the reason was because Nick loved his collection for mis-matched bricks.
Drive by this Southern Charmer day or night and see the beautiful antebellum stair case which looks like piano keys from the front door. The couple, one representing Ole Miss, spent much time remodeling and restoring the house to bring back an Oxford inspired home that is on the square! The remodeled kitchen, Honduran heart pine floors, Wolf gas stove, wine refrigerator and beautiful island offer an open and friendly atmosphere. This home is ready for the next family to love and enjoy!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017