513 Fenceline Drive
About This Property
Step inside this magnificent David Weekley Home and discover multi-generational living at its finest featuring owner's retreat and a secondary bedroom with bath, all on the 1st level. The kitchen is a chef's dream with a Texas-sized island, gas cooking, ample built-in cabinetry, stainless steel appliances, and large pantry. The kitchen and living room, with tiled gas-log fireplace, seamlessly unite creating an ideal space for entertaining. This classic beauty boasts a traditional dining room and spacious breakfast nook. Easy clean up with engineered hard flooring throughout the 1st floor, premium carpet in the bedrooms and upstairs. Your family and guests will be greeted with a Hollywood-style staircase as they ascend to the second level where you'll discover a versatile bonus living area that can serve as a media room, home office, or playroom. Two bathrooms downstairs and two upstairs, one of the upstairs baths boasts a jack and jill setup up!
Enjoy the tranquil primary suite featuring a spa-like ensuite bathroom with luxurious shower and separate soaking tub. Plus, many linen and storage closets throughout with an extra bump out in the laundry room for additional storage. HOA includes TV & Internet. Amenities include parks, trails, dog parks, fitness facilities, resort-style pools, and much more! Enjoy the convenience of two daycares nearby. New Tom Thumb grocery store is currently being built and NEW HEB grocery store is in the works. Easy access to FM 407, I-35, FM 1171, & US HWY 377.
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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 |
|---|---|---|---|
| May 6, 2025 | Sold | ||
| Sold | |||
| Apr 10, 2025 | In contract | - | |
| In contract | |||
| Mar 26, 2025 | Listed by Real Broker, LLC | $598,000 | |
| Listed by Real Broker, LLC | |||
| Nov 23, 2024 | No longer available | - | |
| No longer available | |||
| Nov 16, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017