40
Map
402 Lakeway Drive
About This Property
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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 |
|---|---|---|---|
| Sep 19, 2026 | Listed by Douglas Elliman Real Estate | $10,599,000 | |
| Listed by Douglas Elliman Real Estate | |||
| Jul 10, 2026 | No longer available | - | |
| No longer available | |||
| Mar 25, 2026 | Price Decreased |
$11,500,000
↓ $400K
(3.4%) | |
| Price Decreased | |||
| Jul 9, 2025 | Listed by Allie Beth Allman & Assoc. | $11,900,000 | |
| Listed by Allie Beth Allman & Assoc. | |||
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This extraordinary Neoclassical-inspired estate is poised to become one of North Texas’s most iconic luxury residences. Thoughtfully designed by Lloyd Lumpkins Architects and meticulously built by Sharif-Munir Custom Homes, the property seamlessly blends timeless European elegance with Mediterranean sophistication. Set on a premier lot backing to Hole 3 of the Arnold Palmer Signature Course, the home spans over 13,000 square feet, with an additional 5,000+ square feet in a fully finished basement, thoughtfully crafted for refined living, lavish entertaining, and the most discerning lifestyle. A dramatic entry hall welcomes you into a grand interior anchored by a gallery with groin-vaulted ceilings. Among the home’s planned features are a Gilded Age-inspired sunroom with soaring windows, a private gym that opens to a covered patio with automatic drop-down screens, a full sauna, an oversized game room, and a grand media room pre-wired for speakers. The expansive living spaces are both elegant and comfortable, centered around a chef’s kitchen equipped with top-tier appliances, a secondary spice kitchen, and a spacious butler’s pantry. Designed with flexibility and privacy in mind, the home offers seven bedrooms and eleven bathrooms, including a fully equipped multi-generational suite with a separate entrance. Outdoor living will be nothing short of spectacular, featuring a large covered patio and upper balcony, both with automatic screens, alongside a summer kitchen perfect for year-round enjoyment. A private drive-down ramp leads to a six-car basement garage with a dedicated storage room. The property also includes smart home technology. Located within the exclusive, guard-gated Wimberly Place, Allen’s only neighborhood of its kind. This property doesn’t just offer a place to live, it offers a way to live.
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| Oct 10, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017