$395,000
●
House -
Off Market
2823 Coteau Way
Dallas, TX 75227
3 Beds
2 Baths
1,722 Ft²
$2,087
Est. Monthly
$64
HOA / Fees
7.10%
Cap Rate
About This Property
Step into comfort and convenience in The Enclave at Grove Hill, a
charming gated community just 8 miles
from downtown Dallas. This beautifully maintained one-story home by David Weekley Homes offers an
airy, open layout with high ceilings, elegant crown molding, stylish lighting, and fresh interior paint. Newer
carpet adds warmth to the bedrooms, while the spacious living area features a wall of windows that fill the
space with natural light and provide a view of the oversized covered patio and backyard-perfect for
relaxing or entertaining. The kitchen is both functional and welcoming, with an island, ample cabinetry,
recessed lighting, and a seamless connection to the breakfast and living areas. The private primary suite
sits at the back of the home and includes a garden tub, separate shower, dual vanities, and a generous
walk-in closet. Two secondary bedrooms and a flexible front dining room-ideal for an office-complete
this inviting home. Don't miss your chance to see it today!
from downtown Dallas. This beautifully maintained one-story home by David Weekley Homes offers an
airy, open layout with high ceilings, elegant crown molding, stylish lighting, and fresh interior paint. Newer
carpet adds warmth to the bedrooms, while the spacious living area features a wall of windows that fill the
space with natural light and provide a view of the oversized covered patio and backyard-perfect for
relaxing or entertaining. The kitchen is both functional and welcoming, with an island, ample cabinetry,
recessed lighting, and a seamless connection to the breakfast and living areas. The private primary suite
sits at the back of the home and includes a garden tub, separate shower, dual vanities, and a generous
walk-in closet. Two secondary bedrooms and a flexible front dining room-ideal for an office-complete
this inviting home. Don't miss your chance to see it today!
Unit Size
1,722 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$239
Property Type
House
Property Taxes
-
HOA Dues
$64
Year Built
2003
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (NTREIS #20972379)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 25, 2025 | Sold | ||
| Sold | |||
| Jun 22, 2025 | In contract | - | |
| In contract | |||
| Jun 18, 2025 | Listed by Keller Williams Rockwall | $412,000 | |
| Listed by Keller Williams Rockwall | |||
| May 22, 2023 | Sold | ||
| Sold | |||
| Apr 13, 2023 | Listed by Paragon, REALTORS | $365,000 | |
| Listed by Paragon, REALTORS | |||
| | |||
|
MULTIPLE OFFERS, DEADLINE FOR OFFERS IS 9AM MONDAY, APRIL 17. Welcome to The Enclave at Grove Hill, an established GATED community located about 8 miles east of downtown Dallas. This lovely 1 story home was built by David Weekley Homes and features an open floor plan, tall ceilings, crown molding, decorative lighting, recently installed carpet in bedrooms and new interior paint. The functional kitchen features an island, good cabinet and counter space, recessed lighting and is open to a breakfast area and living area. The large living area features a wall of windows overlooking the large covered patio and backyard. The primary bedroom is at rear of the property, is adequately sized and has an ensuite bathroom and walk in closet. The bathroom features a garden tub, separate shower, dual vanities and an abundance of cabinets. The two guest bedrooms are located at the front of the home and have access to a guest bathroom. The dining room could easily serve as an office.
| |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
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HOA + Taxes
About Southeast Dallas
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Listed by: Patty Turner, Keller Williams Rockwall
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20972379
Details provided by NTREIS and may not match the public record
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20972379
Details provided by NTREIS and may not match the public record
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