3111 Rockwall DR
About This Property
The heart of the home features a spacious living room with wood-look tile floors, a cozy fireplace, and an open connection to the dining area and kitchen. The kitchen is complete with deep-toned cabinetry, granite countertops, and stainless-steel appliances, including a built-in microwave and dishwasher. A generous pantry and modern layout make daily living and entertaining a breeze.
The primary suite offers a peaceful retreat with a garden tub, separate shower, dual vanities, and a walk-in closet. Four additional bedrooms provide flexibility for guests, home office, or hobbies.
Step outside to a truly enhanced backyard experience. Designed for low maintenance and maximum enjoyment, the yard features turf landscaping, a rock border, and a custom stone fire-pit with built-in bench seating-perfect for gatherings under the Texas sky. The extended patio area with cafe lights creates a space ideal for outdoor dining and relaxing.
With a 2-car garage, no HOA, and easy access to shopping, Fort Cavazos, and major roadways, this home offers comfort and convenience both inside and out.
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 31, 2025 | In contract | - | |
| In contract | |||
| May 23, 2025 | Listed by Real Broker, LLC | $283,000 | |
| Listed by Real Broker, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017