504 Eagle Point
About This Property
Perched high above the crystal-blue waters of Possum Kingdom Lake, 504 Eagle Point delivers breathtaking, unobstructed lake views that simply do not get better than this.
The sellers have thoughtfully upgraded the home throughout, including extensive interior and exterior lighting updates, stylish new ceiling fans, luxury plank flooring on the main level, and plush high-end carpet upstairs. Additional improvements include a custom-built pantry organization system, new washer and dryer, built-in microwave, handsome new cabinet hardware, fresh paint, added cabinetry in two of the three bathrooms, programmable thermostats, and upgraded closet systems.
This spacious condo offers a rare 4th bedroom plus a sleeping nook, making it ideal for hosting family and friends. Even better, the unit is being sold furnished, allowing for immediate enjoyment.
Eagle Point owners enjoy their own private pool, located just steps from the front door, in addition to all the upscale amenities The Cliffs Resort is known for-36 complimentary rounds of golf annually, multiple resort pools, tennis and pickleball courts, playgrounds, hotel access, and an award-winning VIP Marina with ship store.
Conveniently located just 90 minutes from DFW, this lake retreat is well worth the drive and perfectly timed for Spring Break at PK Lake.
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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 |
|---|---|---|---|
| Apr 7, 2026 | Sold | ||
| Sold | |||
| Feb 17, 2026 | In contract | - | |
| In contract | |||
| Feb 4, 2026 | Listed by eXp Realty LLC | $625,000 | |
| Listed by eXp Realty LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/04/2026
| |
4 Bed
|
3 Bath
|
2061 ft²
|
$625,000
4 Bed
3 Bath
2061 ft²
|
$612,000
-2.08%
04/07/2026
|
Jan Johanson
eXp Realty LLC
|
|
06/21/2025
| |
4 Bed
|
3 Bath
|
2061 ft²
|
$590,000
4 Bed
3 Bath
2061 ft²
|
$560,000
-5.08%
08/22/2025
|
Jonathan Fowler
Possum Kingdom Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017