487 Gamble DR
About This Property
The gourmet kitchen is the heart of the home, showcasing granite countertops, a large center island, stainless steel appliances, gas cooktop, convection oven, a coffee bar, and abundant storage. The kitchen opens seamlessly to the dining and living areas, creating an ideal layout for both everyday living and entertaining.
Enjoy outdoor living on the covered patio overlooking the private, fully fenced backyard with an outdoor fireplace for those chilly nights. Additional highlights include a smart-home features, tankless water heater, owned water softener, solar panels, oversized 2.5-car garage, and a front-facing southern orientation.
Located on a gentle-sloping, interior lot within one of the area's most desirable master-planned communities, residents enjoy access to amenities including two lazy rivers (one of which is down the street), a Jr Olympic size swimming pool, splash pads, trails, fishing ponds, dog park with obstacle course, playgrounds, and planned social activities. Also located within the community is Sunfield elementary. Conveniently positioned near major roadways, shopping, dining, and top-rated Hays CISD schools.
This well-maintained home combines comfort, efficiency, and community living-ready for its next owners to love. (10 year structural warranty in place)
Payment Calculator
Your Estimated Monthly Payment
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 24, 2026 | In contract | - | |
| In contract | |||
| Feb 12, 2026 | Price Decreased |
$485,000
↓ $5K
(1%) | |
| Price Decreased | |||
| Jan 15, 2026 | Price Decreased |
$490,000
↓ $10K
(2%) | |
| Price Decreased | |||
| Dec 15, 2025 | Price Decreased |
$500,000
↓ $15K
(2.9%) | |
| Price Decreased | |||
| Dec 5, 2025 | Price Decreased |
$515,000
↓ $15K
(2.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017