$370,000
●
House -
Off Market
402 Oleander Drive
Royse City, TX 75189
3 Beds
2 Baths
1,826 Ft²
$1,855
Est. Monthly
$38
HOA / Fees
6.56%
Cap Rate
About This Property
Welcome to 402 Oleander Drive, a meticulously maintained residence
in Royse City, TX. This home is nestled on an oversized lot,
offering ample outdoor space for relaxation or gatherings. Upon
entering, you'll be greeted by an open and inviting atmosphere that
flows throughout the open living spaces. With an Office and 3
bedrooms, each offering tranquility and comfort, there's ample room
for rest and rejuvenation. The 2 beautifully appointed full baths
feature tasteful fixtures and finishes, enhancing the home's
refined aesthetic. The heart of this home is the kitchen with an
island, SS farm sink, a pantry, and electric appliances and is open
to the Living area with a beautiful centerpiece fireplace. Continue
out back to the large backyard with a deck, and tons of space for
pets and activities or perhaps a future pool! Experience the
perfect blend of style and functionality in a home crafted for
those who appreciate quality and great taste. Schedule your Showing
today!...
Unit Size
1,826 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$203
Property Type
House
Property Taxes
-
HOA Dues
$38
Year Built
2020
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 9 months ago (NTREIS #21013387)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 1, 2026 | No longer available | - | |
| No longer available | |||
| Jul 26, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 25, 2025 | Listed by United Real Estate | $370,000 | |
| Listed by United Real Estate | |||
| Jul 2, 2025 | In contract | - | |
| In contract | |||
| Feb 17, 2025 | Listed by United Real Estate | $375,000 | |
| Listed by United Real Estate | |||
| | |||
|
Welcome to 402 Oleander Drive, a meticulously maintained residence in Royse City, TX. This home is nestled on an oversized lot, offering ample outdoor space for relaxation or gatherings. Upon entering, you'll be greeted by an open and inviting atmosphere that flows throughout the open living spaces. With an Office and 3 bedrooms, each offering tranquility and comfort, there's ample room for rest and rejuvenation. The 2 beautifully appointed full baths feature tasteful fixtures and finishes, enhancing the home's refined aesthetic. The heart of this home is the kitchen with an island, SS farm sink, a pantry, and electric appliances and is open to the Living area with a beautiful centerpiece fireplace. Continue out back to the large backyard with a deck, and tons of space for pets and activities or perhaps a future pool! Experience the perfect blend of style and functionality in a home crafted for those who appreciate quality and great taste. Schedule your Showing today!...
| |||
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Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
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Type
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ft²
Price/ft²
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HOA + Taxes
About Royse City
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Listed by: Amber Spencer, United Real Estate
Last Updated: 9 months ago
Data Source: NTREIS MLS, MLS# 21013387
Details provided by NTREIS and may not match the public record
Last Updated: 9 months ago
Data Source: NTREIS MLS, MLS# 21013387
Details provided by NTREIS and may not match the public record
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