$1,400,000
●
House -
Off Market
467 Ridge Point Drive
Heath, TX 75032
4 Beds
1 Bath,
1
Half Bath
5,694 Ft²
$1,471,481
RealtyHop Estimate
-1.90%
Since Jul 1, 2023
TX-Dallas
Primary Model
About This Property
Country Estate living but still close to town. This beautiful home
is located on 1.61 areas with impressive views of the 44+ acre HOA
greenbelt & stocked pond. Amazing home for all your entertainment
needs. A chef type of kitchen features built-in refrigerator, huge
walk-in pantry, & stone encased gas cooktop. The kitchen is open to
the living areas with views of outdoor living space. The outdoor
area includes a built-in grill, large area for gatherings and
swimming pool. The primary suite is located on the opposite side of
the house for privacy and access to the pool & patio. 2nd bedroom
ensuite is located on 1st floor with outdoor access as well.
Upstairs has something for all. Media room, game room, 2 bedrooms
with ensuite baths, extra-large bonus room, wet bar, and walk out
2nd story covered decks! 3 car garage is finished with cedar lining
throughout. This house has so much to offer. Look at the
outstanding features document for more information. HOA and
Schools are outstanding!
Unit Size
5,694 Ft²
Days on Market
-
Land Size
1.61 acres
Price per sqft
$263
Property Type
House
Property Taxes
$1,807
HOA Dues
$50
Year Built
2002
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (NTREIS #20284749)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 23, 2023 | Sold | ||
| Sold | |||
| Apr 10, 2023 | Listed by RE/MAX Dallas Suburbs | $1,500,000 | |
| Listed by RE/MAX Dallas Suburbs | |||
| Dec 2, 2022 | No longer available | - | |
| No longer available | |||
| Aug 20, 2022 | Price Decreased |
$1,499,999
↓ $150K
(9.1%) | |
| Price Decreased | |||
| Jun 10, 2022 | Listed by COLDWELL BANKER APEX, REALTORS | $1,650,000 | |
| Listed by COLDWELL BANKER APEX, REALTORS | |||
| | |||
|
This remarkable estate nestled on 1.61 acres with stunning views of the 44+ acre HOA greenbelt & stocked pond will take your breath away! Artfully crafted woodworking finishes including 2 mud benches & detailed cabinetry woodwork are beautifully showcased. The kitchen was built with a renowned chef in mind with its built-in refrigerator, huge walk in pantry, & stone encased gas cooktop. Because kitchen is open to main areas you'll never miss a beat & perfectly placed windows allow views for days! The master suite is tucked away from the rest of the house making it a private oasis with its own entrance to the pool & porch. Opposite side of home hosts a 2nd bedroom with a full bath leading to pool. Upstairs has so much to offer! 2 game room spaces, a media room, wet bar, a bonus room that would make a great craft room & 2 bedrooms with ensuite baths. A+ rated schools! Country living without all the upkeep! Built in grill! Expansive 2 story covered porches! Check VIRTUAL TOUR! Quiet sub'd The manager has listed the unit size as 5694 square feet.
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
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HOA + Taxes
About Heath
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Listed by: Paul Ruth, RE/MAX Dallas Suburbs
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20284749
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20284749
Details provided by NTREIS and may not match the public record
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