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420 Cannon Drive
About This Property
The kitchen was updated in 2022 along with flooring, paint, appliances and windows. The spacious primary suite features a generously sized closet and an updated primary bath completed in 2025 with dual sinks and a new shower with built-in shelf. A functional mudroom and pantry area provides abundant additional storage.
More updates and features include a new roof in 2024, landscaping improvements, sprinkler system, fenced backyard, covered patio, security system and fully owned solar panels. The attached 2-car garage and nearly quarter-acre corner lot add even more functionality.
Location is another standout! Enjoy an established Hurst neighborhood with no HOA, close proximity to Chisholm Park and a convenient Mid-Cities setting between Dallas and Fort Worth. Quick access to SH-121-183, I-820 and SH-360 provides easy connectivity to DFW International Airport, Fort Worth, Arlington, Grapevine, Las Colinas and destinations throughout the Metroplex. Extensively updated, well cared for and ready for its next owner!
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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 |
|---|---|---|---|
| Oct 25, 2026 | In contract | - | |
| In contract | |||
| Aug 21, 2026 | Listed by All City | $395,000 | |
| Listed by All City | |||
| Jan 21, 2022 | Sold | ||
| Sold | |||
| Dec 27, 2021 | Listed by Keller Williams DFW Preferred | $345,500 | |
| Listed by Keller Williams DFW Preferred | |||
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MULTIPLE OFFERS! PLEASE SUBMIT HIGHEST AND BEST BY FRIDAY DECEMBER 31 AT 3PM. Beautifully updated, corner lot home in the heart of Hurst. Fully owned solar panels, Nest thermostat and security system round out this smart home with updates including flooring, paint, appliances, lighting and much more. This 3 bedroom, 2 bath home truly does have it all from the bright and sunny eat in kitchen to the large, covered back patio. Hurry in today.
No survey, buyer to purchase new one. Buyer and buyer's agent to verify all measurements, schools and details. Agent has partial ownership.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017