$420,000
●
House -
Off Market
5116 Elkridge Drive
Dallas, TX 75227
4 Beds
2 Baths,
1
Half Bath
2,468 Ft²
$2,063
Est. Monthly
About This Property
Seller Motivated! This 4 bedroom, 2.5 bath home provides ample
space for your family to thrive. Featuring 2 living areas and 2
generously sized upstairs bedrooms that offer endless
possibilities: playrooms for the little ones, your own personal
theater rooms, or an additional living area to cater to your unique
needs. Backyard trees provide lots of shade from the sun. Covered
20x21 rear patio, new privacy fence. Rear parking includes a 2 car
driveway, garage and extra single 12x21 carport. The kitchen and
bathrooms boast sleek, contemporary finishes. Nestled in a peaceful
neighborhood, you'll relish the tranquility and escape from the
city. And yet, you're only a mere ten-minute drive from downtown
Dallas. Come see how quiet the street is and the amazing curb
appeal this home has to offer!
Unit Size
2,468 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$170
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1966
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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: 2 years ago (NTREIS #20411643)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 29, 2024 | Sold | ||
| Sold | |||
| Feb 6, 2024 | Listed by Lugary, LLC | $424,999 | |
| Listed by Lugary, LLC | |||
| | |||
|
GORGEOUS REMODELED HOUSE. INSIDE YOU WILL FIND A FULLY REMODELED, HIGH END INTERIOR INCLUDING BRAND NEW CABINETS, NEW COUNTERTOPS, UPDATED LIGHT FIXTURES. WHILE MAKING YOUR WAY TO THE HOUSE YOU WILL FIND NEW FLOORING, UPDATED RESTROOMS, FRESHLY PAINTED INTERIOR AND EXTERIOR. IF THAT WASN'T ENOUGH, WHILE STEPPING OUTSIDE YOU WILL FIND A HUGE BACKYARD PERFECT FOR A COOKOUT WITH THE FAMILY. COME SHOW IT TODAY, IT WILL NOT LAST TOO LONG!!!!
| |||
| Aug 21, 2023 | Listed by JPAR - Plano | $420,000 | |
| Listed by JPAR - Plano | |||
| Jun 16, 2023 | Sold | ||
| Sold | |||
| May 17, 2023 | Listed by Dave Perry Miller Real Estate | $350,000 | |
| Listed by Dave Perry Miller Real Estate | |||
| | |||
|
Estate property. Priced to sell. No blind offers. Well-maintained 4 bed, 2 bath home located in the established Buckner Terrace neighborhood. This home offers a sensible layout for easy living with comfortably sized bedrooms, 2 up and 2 down. The living areas provide a clean canvas for you to personalize and make your own. Attached carport offers ample space for parking and protection from the elements. The covered patio is a perfect outdoor retreat. This shaded area allows you to escape the Texas heat while admiring the beautifully landscaped garden. Tankless hot water heater installed in 2021. Short drive to White Rock Lake. Don't miss this opportunity to own a well-maintained home in Buckner Terrace, known for its strong sense of community and proximity to local amenities. This home is ready for you to move in and add your personal touch. No survey available. Buyer will need to purchase new.
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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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ft²
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HOA + Taxes
About Southeast Dallas
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Listed by: Ernie Briones, JPAR - Plano
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20411643
Details provided by NTREIS and may not match the public record
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20411643
Details provided by NTREIS and may not match the public record
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