$650,000
●
House -
Off Market
307 Murray Lane
Richardson, TX 75080
4 Beds
2 Baths,
1
Half Bath
2,774 Ft²
$519,052
RealtyHop Estimate
-5.63%
Since Jun 1, 2022
TX-Dallas
Primary Model
About This Property
Open concept beauty in great location with lovely curb appeal on a
quiet cul-de-sac! Master suite boasts luxe ensuite bathroom with
HUGE shower - multiple shower heads & toiletry niches enclosed with
sleek frameless glass. Double vanity with beautiful marble
countertop - beyond that you'll find a gorgeous stand-alone tub
followed by a custom walk-in closet - one of two closets. The
kitchen is large enough to host sizable parties & opens to the
family room anchored by a wood-burning fireplace. Its features incl
custom wood cabinetry with spice pullout, large drawers for pots &
pans, folding corner cabinetry to capture ample storage, double
ovens AND double sinks, gas cooktop, & huge island! Walking
upstairs, notice the high-end wrought-iron railing. 3 ENORMOUS
secondary bedrooms up - 2 have walk-in closets and one has double
reach-in closets. Outside, enjoy the large deck with space for
whatever you want with multiple entertaining areas. GIGANTIC cul-de
sac lot. Tankless WH! No carpet!
Unit Size
2,774 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$198
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1963
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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 #20034161)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 2, 2022 | Sold | ||
| Sold | |||
| Apr 15, 2022 | Listed by Keller Williams Central | $550,000 | |
| Listed by Keller Williams Central | |||
| | |||
|
Open concept beauty in great location with lovely curb appeal on a quiet cul-de-sac! Master suite boasts luxe ensuite bathroom with HUGE shower - multiple shower heads & toiletry niches enclosed with sleek frameless glass. Double vanity with beautiful marble countertop - beyond that you'll find a gorgeous stand-alone tub followed by a custom walk-in closet - one of two closets. The kitchen is large enough to host sizable parties & opens to the family room anchored by a wood-burning fireplace. Its features incl custom wood cabinetry with spice pullout, large drawers for pots & pans, folding corner cabinetry to capture ample storage, double ovens AND double sinks, gas cooktop, & huge island! Walking upstairs, notice the high-end wrought-iron railing. 3 ENORMOUS secondary bedrooms up - 2 have walk-in closets and one has double reach-in closets. Outside, enjoy the large deck with space for whatever you want with multiple entertaining areas. GIGANTIC cul-de sac lot. Tankless WH! No carpet!
| |||
Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Cottonwood Heights
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Listed by: Kati Houser, Keller Williams Central
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20034161
Details provided by NTREIS and may not match the public record
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20034161
Details provided by NTREIS and may not match the public record
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