$300,000
●
House -
Off Market
312 Southlake Drive
Forney, TX 75126
3 Beds
2 Baths
1,516 Ft²
$286,939
RealtyHop Estimate
-1.90%
Since Jul 1, 2023
TX-Dallas
Primary Model
About This Property
UPDATES and ANMENITIES throughout! SPACIOUS living room,
great for entertaining, boasts corner fireplace and rugged mantle!
Nice kitchen with beautiful tile, granite counters, corner
kitchen window above the sink, and custom wood cabinetry! The
primary bedroom is privately located on one side of the home had
has a beautifully updated ensuite bath that includes dual vanities
with vessel style sinks, gorgeous shower with rimless glass and
shower seat, huge built-in linen cabinetry and medicine cabinets!
The secondary bedrooms are spacious and share an updated hall
bath! Granite throughout, LVP flooring, fresh exterior paint,
updated window glass, roof installed May 2023, HVAC updated to 16
SEER in 2022! Utility room off kitchen features cabinetry and
window! Nice back yard with patio and a 10 x 10 storage
building. Great access to Highway 80! This home attends
Forney High School. A MUST SEE!!
Unit Size
1,516 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$193
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1986
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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 #20336624)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 30, 2023 | Sold | ||
| Sold | |||
| May 23, 2023 | Listed by Coldwell Banker Apex, REALTORS | $292,500 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
| | |||
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UPDATES and ANMENITIES throughout! SPACIOUS living room, great for entertaining, boasts corner fireplace and rugged mantle! Nice kitchen with beautiful tile, granite counters, corner kitchen window above the sink, and custom wood cabinetry! The primary bedroom is privately located on one side of the home had has a beautifully updated ensuite bath that includes dual vanities with vessel style sinks, gorgeous shower with rimless glass and shower seat, huge built-in linen cabinetry and medicine cabinets! The secondary bedrooms are spacious and share an updated hall bath! Granite throughout, LVP flooring, fresh exterior paint, updated window glass, roof installed May 2023, HVAC updated to 16 SEER in 2022! Utility room off kitchen features cabinetry and window! Nice back yard with patio and a 10 x 10 storage building. Great access to Highway 80! This home attends Forney High School. A MUST SEE!!
| |||
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
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
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Sold On
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HOA + Taxes
About Eastwood
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Listed by: Charlotte Shipley, Coldwell Banker Apex, REALTORS
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20336624
Details provided by NTREIS and may not match the public record
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20336624
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
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