341 Devon Drive
About This Property
Contemporary Farmhouse designed by local architect in collaboration w Holmes Builders on one of the largest lots in exclusive Red Hawk community. Walls of windows overlook impressive yard w open floor plan transitions to expansive pool deck via frameless glass wall & beautiful pool, outdoor living w fireplace & built-in grill.Separate "casita" style bedroom suite off secluded pool villa.Inside boasts light oak hardwoods & limestone flooring, clean lines & open design. Secluded master retreat has spacious bath w lg walk-in shower & soaker tub. Built-ins in dressing closet adjacent to laundry room. Study has drop down ceiling & views of creek area behind home. Stunning kitchen opens to den w all high-end appliances, including built-in refrigerator, gas range & wine fridge, quartzite countertops, hand-built cabinetry, & Lg. pantry. Enormous bonus room up w walk-in attic space w expansion opportunities. Huge walk-in attic with foam insulation. Oversized 3 car garage. Absolutely amazing!!
See transaction desk for current property condition and list of work needed to be completed.
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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 |
|---|---|---|---|
| Aug 28, 2026 | Sold | ||
| Sold | |||
| Aug 8, 2026 | In contract | - | |
| In contract | |||
| Jul 24, 2026 | Listed by Christie's Lone Star | $1,400,000 | |
| Listed by Christie's Lone Star | |||
| Jul 6, 2022 | Sold | ||
| Sold | |||
| May 11, 2022 | Listed by RE/MAX DFW Associates | $1,600,000 | |
| Listed by RE/MAX DFW Associates | |||
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Contemporary Farmhouse designed by local architect in collaboration w Holmes Builders on one of the largest lots in exclusive Red Hawk community. Walls of windows overlook impressive yard w open floor plan transitions to expansive pool deck via frameless glass wall & beautiful pool, outdoor living w fireplace & built-in grill.Separate “casita” style bedroom suite off secluded pool villa.Inside boasts light oak hardwoods & limestone flooring, clean lines & open design. Secluded master retreat has spacious bath w lg walk-in shower & soaker tub. Built-ins in dressing closet adjacent to laundry room. Study has drop down ceiling & views of creek area behind home. Stunning kitchen opens to den w all high-end appliances, including built-in refrigerator, gas range & wine fridge, quartzite countertops, hand-built cabinetry, & Lg. pantry. Enormous bonus room up w walk-in attic space w expansion opportunities. Huge walkin attic with foam insulation. Oversized 3 car garage. Absolutely amazing!!
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About Coppell
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017