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412 Falling Star Drive
About This Property
This Sendera Ranch home lives in a way that feels unexpectedly easy, with the main living spaces coming together in the back of the home, where daily life naturally happens. The kitchen, dining, and living areas connect beautifully, creating a comfortable hub for everything from busy mornings to relaxed evenings.
One of the standout features is the 4th bedroom, a rare bonus in a home of this size and a space that can adapt to the way you live now... and grow into the future. Home office, guest room, craft room, workout space, reading room... the choice is yours.
The primary bedroom offers more space than you might expect, and the separate utility room is a detail buyers will appreciate every day! Functional, convenient, and nicely out of the way rather than doubling as the path to the garage.
Out back, the yard offers plenty of space to relax and unwind. Grill, garden, play, or enjoy a quiet evening under the Texas stars. With so many Sendera Ranch neighborhood amenities, pools, clubhouse, trails, basketball courts, playgrounds & ponds, NISD schools within the neighborhood, and convenient access to shopping, dining, and entertainment in the Alliance area, this home offers more than the usual checklist. It offers a lifestyle that will surprise you in all the right ways.
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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 |
|---|---|---|---|
| Aug 7, 2026 | No longer available | - | |
| No longer available | |||
| Aug 5, 2026 | In contract | - | |
| In contract | |||
| May 5, 2026 | Relisted | $300,000 | |
| Relisted | |||
| Apr 25, 2026 | In contract | - | |
| In contract | |||
| Apr 20, 2026 | Listed by Keller Williams Realty | $300,000 | |
| Listed by Keller Williams Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017