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37 Armstrong Drive
About This Property
Designed for both grand entertaining and everyday luxury, the home features 5 spacious bedrooms, each with its own private en-suite bathroom and oversized walk-in closet, providing exceptional privacy and convenience for family members and guests alike. Expansive living areas showcase refined finishes, soaring ceilings, abundant natural light, and seamless transitions between indoor and outdoor spaces.
The resort-style backyard is truly a showpiece. Enjoy year-round outdoor living beneath the covered patio, complete with a built-in outdoor kitchen and inviting fireplace, creating the perfect setting for entertaining or relaxing while overlooking the sparkling pool and tranquil water views. Whether hosting gatherings or enjoying a quiet evening at home, the outdoor experience is nothing short of spectacular.
Residents of Stonebriar Park enjoy the security and exclusivity of a guarded entrance, beautifully maintained grounds, and one of Frisco's most sought-after locations. Perfectly situated near world-class shopping, dining, entertainment, premier golf courses, major business corridors, and top-rated schools, this exceptional property offers the ideal blend of privacy, luxury, and convenience.
A rare opportunity to own a distinguished waterfront estate in one of Frisco's most exclusive communities, 37 Armstrong Drive delivers luxury living at its finest.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 24, 2026 | Sold | ||
| Sold | |||
| Jun 30, 2026 | In contract | - | |
| In contract | |||
| Jun 18, 2026 | Listed by Keller Williams Central | $2,300,000 | |
| Listed by Keller Williams Central | |||
| Sep 20, 2022 | Sold | ||
| Sold | |||
| Jul 15, 2022 | Listed by Ebby Halliday, REALTORS | $2,500,000 | |
| Listed by Ebby Halliday, REALTORS | |||
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CONTRACT TERMINATED AT NO FAULT OF THE SELLER. Breathtaking Custom Home in gated Stonebriar Park overlooks pond and fountain! Backyard paradise with pool, spa and outdoor living area with fireplace, spacious yard, and built-in grill. This home is designed with entertaining in mind and has a highly sought-after media and game room on the first floor, living and dining have French doors leading out the magnificent patio, spacious study w built-ins, a wine cellar and wet bar. Gourmet Kitchen with granite counter tops, butler’s pantry and large island with breakfast bar and professional grade appliances. Downstairs Master suite has walls of windows and elegant bath with its own laundry and exercise room. Guest suite with full bath down and three bedrooms with walk in closets and en suite baths up with additional living area.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017