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4641 Silver Lake Drive
About This Property
Everyday conveniences are already handled: a dedicated laundry room, central heat and air for year-round comfort, and a clean, easy-to-maintain one level footprint.
Outdoors is where this one shines. A covered patio extends your living space into a fully fenced backyard with room for pets, play, and weekend grilling plus a detached storage building for tools and toys. The 7,462 sq ft lot gives you real green space in the city.
Built in 1963 with brick veneer and a composition shingle roof, this home sits minutes from Mountain Creek Lake, Dallas National Golf Club, and the Trinity River greenbelt and an easy drive to Bishop Arts dining, Downtown Dallas, and major highways. Zoned to Dallas ISD. Solid bones, great location, ready for its next chapter.
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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 10, 2026 | Price Decreased |
$199,000
↓ $1K
(0.5%) | |
| Price Decreased | |||
| Sep 18, 2026 | Listed by Keller Williams Brazos West | $200,000 | |
| Listed by Keller Williams Brazos West | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017