3308 Citris Drive
About This Property
The home features a formal living room and a formal dining room, along with a spacious den, while the kitchen, breakfast, and den flow into one large open-concept space, ideal for entertaining and daily living. The main living area is warmed by a cozy fireplace, adding character and comfort. Interior highlights include four bedrooms, two full baths, and a floor plan built for both functionality and comfort. Crown molding extends throughout the home, accenting all rooms and hallways except the utility room and garage. An accessible attic via pull-down stairs in the attached 2-car garage offers extra storage or potential workspace.
Outside, you'll find a wooden deck in the backyard, perfect for relaxing or hosting, and a storage shed that is currently being taken down. With no HOA, you have flexibility and freedom in your property use.
In addition, buyers will appreciate the adjacent amenities: the property is served by Plano ISD schools, including Memorial Elementary School, Bowman Middle School, and Plano East Senior High School, all within roughly a mile. The home is also near major retail and shopping centers in the region, providing easy access to everyday conveniences and amenities.
With its open layout, generous living spaces, convenient location, and freedom from HOA restrictions, this property offers a compelling combination of comfort and value.
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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 |
|---|---|---|---|
| Feb 10, 2026 | Sold | ||
| Sold | |||
| Jan 21, 2026 | In contract | - | |
| In contract | |||
| Jan 6, 2026 | Relisted | $435,000 | |
| Relisted | |||
| Nov 30, 2025 | In contract | - | |
| In contract | |||
| Oct 27, 2025 | Listed by Watters International Realty | $435,000 | |
| Listed by Watters International Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017