3709 Grace Lane
About This Property
The kitchen features upgraded tile, updated cabinet hardware, and a well-designed layout ideal for cooking, gathering, and entertaining. The split-bedroom floor plan provides added privacy, with the primary suite tucked off the living area to create a relaxing retreat and three secondary bedrooms positioned at the front of the home. A dedicated home office adds convenience and flexibility.
Garden enthusiasts will appreciate the established rose gardens, flower beds, and dedicated planting spaces that make the yard a gardener's dream. Additional improvements include enhanced attic storage with upgraded insulation for added functionality and energy efficiency, along with an upgraded front-yard sprinkler system designed for improved landscaping coverage. Beyond the home, Solterra offers an impressive 8-acre amenity complex featuring three resort-style pools, a fitness center, pickleball, gathering and co-working spaces, plus a 25-acre stocked lake for fishing, kayaking, and paddleboarding. More than 15 miles of hike+bike trails, parks, playgrounds, dog parks, and the distinctive Lookout Treehouse Park provide even more opportunities for outdoor enjoyment. Convenient access to I-20, I-635, I-30, and US 80 connects you to Downtown Mesquite, Town East Mall, Deep Ellum, and Downtown Dallas. Combining newer construction, a private green-space backdrop, and resort-style community amenities, this home offers a distinctive opportunity to enjoy the best of Solterra living.
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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 |
|---|---|---|---|
| Nov 6, 2026 | In contract | - | |
| In contract | |||
| Oct 20, 2026 | Price Decreased |
$325,000
↓ $25K
(7.1%) | |
| Price Decreased | |||
| Oct 8, 2026 | Listed by Keller Williams Realty DPR | $350,000 | |
| Listed by Keller Williams Realty DPR | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017