4501 Potomac Avenue
About This Property
Inside, the chef's kitchen is outfitted with a 48" Sub-Zero refrigerator and freezer, Wolf appliances, Taj Mahal Quartzite countertops, and a spacious walk-in pantry. A stylish bar and lounge area with a Sub-Zero wine fridge and ice maker connects the study or formal living space to the warm and inviting family room, which showcases a hand-carved limestone fireplace and wood beam accents. The living room features a striking black marble fireplace and grasscloth wall covering, adding texture and elegance.
The main level also includes a mudroom off the garage and an office tucked just off the kitchen. Outdoor living is seamless with a patio and fireplace for year-round enjoyment. White Oak floors run throughout the home, complemented by curated lighting and high-end finishes.
The second floor offers four bedrooms, including a luxurious primary suite with an oversized walk-in closet, a large game room, and a generous laundry room. The fifth bedroom is located on the third floor, offering flexibility for guests, a home office, or gym.
This beautifully designed home blends sophistication and comfort in one of Dallas's most desirable neighborhoods.
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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 |
|---|---|---|---|
| Mar 25, 2026 | Sold | ||
| Sold | |||
| Mar 1, 2026 | In contract | - | |
| In contract | |||
| Nov 26, 2025 | Price Decreased |
$5,599,000
↓ $151K
(2.6%) | |
| Price Decreased | |||
| Nov 25, 2025 | No longer available | - | |
| No longer available | |||
| Nov 25, 2025 | Listed by Compass RE Texas, LLC. | $5,750,000 | |
| Listed by Compass RE Texas, LLC. | |||
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About University Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017