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31 Rancho Drive N
About This Property
Welcome family and friends with the soothing sounds of a tranquil waterfall as you gather in the dining room. Step outside to your own private oasis, complete with a sparkling pool, expansive outdoor living spaces, and picturesque views. Spend cozy evenings by the fireplace, roast marshmallows around the fire pit, or head to the rooftop deck for breathtaking sunsets and unforgettable stargazing.
Bring your horses, chickens, and four-wheelers. Cross fenced, run in shed, and barn with water, electric, feed and tack rooms. This property is designed to embrace the country lifestyle without sacrificing modern convenience. The impressive barn also includes a workshop that could easily be converted into a guest house or in-law suite, all overlooking a beautiful pond and the surrounding landscape. All just minuets from DFW airport, the Keller riding arena and trails.
Whether you're seeking a peaceful escape, a place to entertain, private horse haven, or room to enjoy your favorite hobbies, this exceptional property truly offers the best of both worlds. Schedule your private showing today and experience everything this remarkable estate has to offer.
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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 |
|---|---|---|---|
| Aug 6, 2026 | Listed by Century 21 Mike Bowman, Inc. | $1,299,999 | |
| Listed by Century 21 Mike Bowman, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017