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431 Dipprey LN
About This Property
Welcome to 431 Dipprey in Georgetown's Morningstar community. This energy-efficient smart home sits on a nearly quarter-acre corner lot, backing to mature trees and a neighborhood fishing pond.
Step inside to a bright 2-story foyer that opens to a spacious 4-bedroom, 2.5-bath layout featuring a custom fireplace, eat-in kitchen, and an upstairs bonus room perfect for a media room, office, or play space.
The expansive backyard is a true standout-offering room for a pool, outdoor kitchen, fire pit, garden, and more. A rare opportunity to create your ideal outdoor space with privacy and views.
Upgrades include a tankless water heater, water softener, whole-home filtration system, reverse osmosis, updated lighting, fresh interior paint, and an epoxy-finished garage.
Enjoy Morningstar's resort-style amenities including pools, parks, trails, and more-just minutes from shopping, dining, and Lake Georgetown.
Motivated sellers-priced competitively and ready for offers.
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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 |
|---|---|---|---|
| Apr 30, 2026 | In contract | - | |
| In contract | |||
| Apr 17, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Apr 16, 2026 | Listed by AATX Residential | $388,000 | |
| Listed by AATX Residential | |||
| Mar 31, 2026 | Price Decreased |
$389,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Mar 14, 2026 | Relisted | $394,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017