Stunning home in the gated community of University Park Estates in
Las Colinas. This property features oversized rooms throughout, 4
bedrooms, and 4 full bathrooms-three of which are ensuite and have
been completely modernized with floating vanities and updated
finishes. The custom built chef's kitchen includes a massive center
island, granite countertops, stainless steel appliances, and
extensive custom cabinetry.
The home offers two true primary suites, including a main retreat
with dual oversized walkin showers, large his and hers closets, and
a private office with French doors and Juliet balcony. Enjoy three
separate living areas: an open concept main living room with stone
accented gas fireplace, a downstairs media room perfect for game
days, and an upstairs retreat with bamboo flooring and abundant
natural light.
Additional upgrades include rich hardwood flooring, soaring
ceilings, extensive storage, and a home generator capable of
powering the entire property during outages. Outdoor living
features a spacious deck and greenspace with two access points,
creating a private oasis for year round enjoyment.
This home combines gated privacy, modern updates, and exceptional
square footage in one of Las Colinas' most desirable communities. A
rare opportunity to own a beautifully upgraded, generously sized
home in University Park Estates.
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.
Parking Features: Additional Parking, Alley Access, Concrete, Covered, Direct Access, Garage, Garage Door Opener, Garage Faces Rear, Inside Entrance, Kitchen Level, Lighted, Private, Secured, Storage, Garage Double Door
Garage Spaces: 2
Interior Details
Full Bathrooms: 4
Interior Features: Built-in Features, Chandelier, Dry Bar, Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Natural Woodwork, Open Floorplan, Smart Home, Walk-In Closet(s), Cable TV Available, Decorative Lighting, Flat Screen Wiring, Second Primary Bedroom
Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Gas Water Heater, Ice Maker, Microwave, Convection Oven, Double Oven, Refrigerator, Vented Exhaust Fan, Washer, Other, Plumbed For Gas in Kitchen
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