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311 S Spring Branch Trail
About This Property
Situated on a beautifully landscaped, tree-filled half-acre interior lot in the established Spring Branch Acres neighborhood, the property offers a spacious setting with mature trees, privacy, and plenty of potential. The fully fenced backyard features a swimming pool and outdoor fireplace, providing an excellent foundation for future outdoor living and entertaining.
Located in the heart of Parker County with convenient access to Hwy 199, the property offers an established neighborhood setting with easy access to shopping, dining, and everyday conveniences. Bring your vision and transform this property into something special.
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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 |
|---|---|---|---|
| Sep 17, 2026 | In contract | - | |
| In contract | |||
| Sep 1, 2026 | Relisted | $190,000 | |
| Relisted | |||
| Aug 30, 2026 | In contract | - | |
| In contract | |||
| Jan 19, 2026 | Listed by Keller Williams Realty DPR | $190,000 | |
| Listed by Keller Williams Realty DPR | |||
| Dec 22, 2020 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017