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4511 Watauga Road
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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%.
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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.
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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 |
|---|---|---|---|
| Sep 23, 2026 | Price Decreased |
$5,995,000
↓ $504K
(7.8%) | |
| Price Decreased | |||
| Aug 10, 2026 | Listed by Allie Beth Allman & Assoc. | $6,499,000 | |
| Listed by Allie Beth Allman & Assoc. | |||
| Jun 24, 2026 | No longer available | - | |
| No longer available | |||
| Jun 2, 2026 | Price Decreased |
$6,495,000
↓ $500K
(7.2%) | |
| Price Decreased | |||
| Apr 23, 2026 | Listed by Allie Beth Allman & Assoc. | $6,995,000 | |
| Listed by Allie Beth Allman & Assoc. | |||
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Set on a beautifully landscaped acre in coveted Bluffview, this elegant estate pairs timeless architecture with refined modern comfort, creating an exceptional indoor-outdoor lifestyle. A dramatic marble entry with soaring 25-foot ceilings and a sweeping staircase sets the tone, opening to expansive, light-filled living spaces designed for both everyday living and entertaining. At the heart of the home, the chef’s kitchen is anchored by an impressive 15-by-7-foot marble island with seating for ten. Outfitted with Wolf appliances, dual dishwashers, a butler’s pantry, and a custom walk-in wine room, it flows effortlessly into the surrounding living and dining areas, all of which open to the main patio. The private primary wing offers a peaceful retreat, complete with two fireplaces, a sitting area, morning bar, and direct access to a secluded patio with a newly built gas fire feature. A spiral staircase leads to a dedicated second level with four oversized walk-in closets, while the suite also includes private laundry and a flexible bonus space nearby. Each additional bedroom is generously sized and accompanied with its own en-suite bath and walk-in closet. Upstairs, a spacious family and game room with a full kitchen is complemented by a theater room, craft space, additional laundry, and elevator access. A gorgeous, oversized office provides the ultimate work-from-home environment, featuring a built-in library, dual work areas, a central lounge with fireplace, and a private patio. Outdoors, the grounds rival a private resort, showcasing a stunning pool and spa, professional landscaping, a striking crescent-shaped gas fire feature, and a fully equipped outdoor kitchen. A 969-square-foot guest house with a bath adds flexibility for visitors or extended stays. With eight fireplaces throughout, the home is layered with warmth and ambiance. A true Bluffview lifestyle estate, thoughtfully designed for elevated living, comfort, and unforgettable entertaining.
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Property Highlights
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About Northwest Dallas
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017