4743 Allison DR
About This Property
Highly sought-after Three Creeks subdivision is located close to Stillhouse Hollow Lake Dam on Highway 1670, equidistant to the Temple/Belton or the Harker Heights/Killeen/Fort Cavazos areas, as well as Austin to the south & Waco to the north. Surrounded by nature yet within minutes to city conveniences this beautiful neighborhood offers the best of both worlds, serene resort-like atmosphere yet conveniently close to all city conveniences. Community Amenities include bike and/or walking trails galore with plenty of benches for rest & relaxation and/or enjoyment of the beautiful views, & a community pavilion perfect for family and/or community get-togethers. Another welcomed perk: this area is part of the Belton Independent School District!! This Tippit home is filled with the perfect blend of character & modern design. The arched portico welcomes visitors & guides them into the well-designed interior. The first impression is the open floor plan & spacious flow of the living room into the dining room, featuring an abundance of natural light. The entertainer's kitchen is complete with an island, a bevy of cabinets & granite topped counters, & walk-in pantry that holds a storehouse of groceries. The owner's suite is situated to the rear of the home for privacy, & boasts an oversized bath with soaking tub for relaxing & a separate shower for "hurry up & get ready" mornings. Gigantic closet links to the utility room, which is outfitted with a mop sink, linen closet, & shelving, & opens to a mud room which connects to the dual car sized garage. The secondary bedrooms are serviced by a full-size bath. Extra perks are: full yard sprinkler system, 16 pallets of Bermuda sod, & privacy fenced backyard.
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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 |
|---|---|---|---|
| Feb 11, 2025 | In contract | - | |
| In contract | |||
| Oct 19, 2024 | Price Decreased |
$325,540
↓ $16K
(4.7%) | |
| Price Decreased | |||
| Oct 13, 2023 | Listed by ERA Colonial Real Estate | $341,420 | |
| Listed by ERA Colonial Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017