40
Map
416 Love Bird Lane
About This Property
The open concept kitchen and living area create a seamless flow, ideal for gatherings and family time. The kitchen overlooks the main living space, making it the true centerpiece of the home.
Step outside to your private backyard retreat. This is where the property truly shines. Situated on an oversized 0.342 acre pie shaped lot, the backyard features a stunning pool and spa combo, a cedar covered patio, and plenty of space to relax or entertain. The private driveway with an electric gate provides added security and ample parking, a rare find in this area.
Located in the highly sought after Wylie ISD, consistently ranked among the top school districts in Texas, this home also offers unbeatable convenience with close proximity to major shopping, dining, and entertainment options throughout Murphy, Wylie, and the surrounding areas.
This is the perfect blend of space, functionality, and lifestyle. Dont miss your opportunity to call it home.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 10, 2026 | Sold | ||
| Sold | |||
| May 2, 2026 | In contract | - | |
| In contract | |||
| Apr 26, 2026 | Price Decreased |
$579,999
↓ $20K
(3.3%) | |
| Price Decreased | |||
| Mar 24, 2026 | Listed by CENTURY 21 Judge Fite Co. | $599,999 | |
| Listed by CENTURY 21 Judge Fite Co. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017