$675,000
●
House -
Off Market
321 Rockett Lane
Red Oak, TX 75154
4 Beds
3 Baths,
1
Half Bath
2,357 Ft²
$801,530
RealtyHop Estimate
12.10%
Since Nov 1, 2021
TX-Dallas
Primary Model
About This Property
Rare find new construction home with 12 + acres of land! Entertain
in the formal dining room or have quiet time in the enclosed study.
Entertain guests in front of a cozy fireplace in the living room
while preparing a meal in the open concept kitchen! Enjoy the
outdoor views through grand windows. Relax in the master bedroom
featuring master bathroom with Jacuzzi tub, separate shower, dual
sinks and walk-in closet. Two guest bedrooms connected by a
Jack-n-Jill bathroom and a 4th bedroom with a full bathroom! Enjoy
gatherings outside while you cook on the outdoor grill! Make full
use of this land with no deed restrictions!
Unit Size
2,357 Ft²
Days on Market
-
Land Size
12.50 acres
Price per sqft
$303
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2019
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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: 6 months ago (NTREIS #14615611)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 7, 2023 | Sold | ||
| Sold | |||
| Feb 2, 2023 | Listed by Ebby Halliday, REALTORS | $749,000 | |
| Listed by Ebby Halliday, REALTORS | |||
| | |||
|
Located in Pecan Hill & surrounded by acreage properties, this like-new 1-story home is situated on 12 plus ag exempt acres dotted w trees, creeks, & pastures. Automatic gate at entry leads up the driveway to the brick & stone home w 3-car cedar-door garage. On either side of the foyer are a dining room & home office w built-ins. The heart of the home is the open, bright, & spacious living room anchored by the stone fireplace flanked w decorative shelving. Spacious kitchen w breakfast area accented w light stone counters, gas cooktop, island, & abundance of cabinets. Floor-to-ceiling windows afford expansive views of the acreage. Custom lighting, upscale fixtures, & special touches abound. 4 bedrooms inc. a split primary suite, 2 secondary rooms joined by J&J bath, addl secondary bdrm w en-suite bath, & powder bath off of living area. Backyard w covered patio w grill & fire pit. Bridge w culvert over the creek provides access to the back acreage featuring mix of open space and trees.
| |||
| Oct 26, 2021 | Sold | ||
| Sold | |||
| Jul 1, 2021 | Listed by Keller Williams NO. Collin Cty | $715,000 | |
| Listed by Keller Williams NO. Collin Cty | |||
| Jun 3, 2021 | No longer available | - | |
| No longer available | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Pecan Hill
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Listed by: Kimberly Kelly, Keller Williams NO. Collin Cty
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14615611
Details provided by NTREIS and may not match the public record
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14615611
Details provided by NTREIS and may not match the public record
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