405 King Ranch Road
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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%.
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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 |
|---|---|---|---|
| May 29, 2025 | Sold | ||
| Sold | |||
| Apr 30, 2025 | Listed by Compass RE Texas, LLC | $2,200,000 | |
| Listed by Compass RE Texas, LLC | |||
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MULTIPLE OFFERS - please submit best and final offer by 5 PM on Monday, May 5. Welcome to 405 King Ranch Road, a magnificent residence nestled in the heart of Southlake, TX. This exquisite home offers a harmonious blend of luxury and comfort across its expansive layout. With five spacious bedrooms, five full baths, and two half baths, each family member will enjoy their own private oasis.
As you step inside, you'll be greeted by a grand foyer that sets the tone for the rest of the home. The open-concept living areas boast high ceilings and abundant natural light, creating an inviting atmosphere for both relaxation and entertainment. The gourmet kitchen is a culinary dream, featuring state-of-the-art appliances and refined finishes. Adjacent to the kitchen, you'll find an additional family room, perfect for casual gatherings, as well as a formal living area for more sophisticated entertaining.
The primary suite is a true retreat, complete with a lavish en-suite bathroom and generous closet space. Entertainment awaits with a dedicated home theatre and a versatile flex space that can serve as a second living room or playroom, complete with a bar.
Situated on a full acre with a pool, the property is beautifully landscaped and fully gated, providing both privacy and a serene setting for outdoor gatherings or quiet evenings. Car enthusiasts will appreciate the two separate garages with high ceilings, equipped with a car lift that allows for garage space accommodating up to five cars. This home is located in Northwest ISD, one of DFW area's most sought-after school districts, and also provides the option of open enrollment in Carroll ISD. Elegance and comfort awaits at 405 King Ranch Road.
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| Oct 1, 2021 | Sold | ||
| Sold | |||
| Aug 11, 2021 | Listed by Engel&Voelkers Dallas Southlke | $1,700,000 | |
| Listed by Engel&Voelkers Dallas Southlke | |||
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Southlake private gated estate set on heavily wooded full acre homesite in the estate section of Clariden Ranch. If it is privacy that you are looking for then look no further as all windows look into the tree lined manicured landscaping. The views at the front entry through the wall of glass to the lagoon style pool beyond sets the tone for the elegant transitional lifestyle living of this home. Fabulous updates by the current owner to the kitchen and family and an actual total master bath redo. Yes the magical combination of the formals and family and master and guest down and 3 bedrooms and game and media up makes this a great floorplan for the expansive family. Open enrollment for Southlake schools. wow
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017