5342 McCommas Boulevard
About This Property
The detached quarters is a true income-producing ADU: the upper level suits a studio, home gym, or guest retreat, while the fully finished lower level features its own separate entrance, private living space, kitchenette with full-size washer & dryer, refrigerator, microwave, and electric range, ideal for long-term tenants or short-term rental income. Additional highlights include a private home office and upstairs sitting area.
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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%.
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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 |
|---|---|---|---|
| Sep 24, 2026 | Sold | ||
| Sold | |||
| Sep 1, 2026 | In contract | - | |
| In contract | |||
| Aug 26, 2026 | Listed by Christie's Lone Star | $1,015,000 | |
| Listed by Christie's Lone Star | |||
| Jul 9, 2021 | Sold | ||
| Sold | |||
| Jun 10, 2021 | Listed by Compass RE Texas, LLC | $739,000 | |
| Listed by Compass RE Texas, LLC | |||
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Crisp Greenland Hills Cottage w professionally landscaped lawn & paved stone drive. Entering the formal living w pass through GFP, oak hardwood floors, crown moldings & plantation shutters. Living flows seamlessly to dining room & casual sitting area. Galley kitchen has granite counters, stone backsplash & abundant cabinetry. Owners suite is oversized with vaulted ceiling, GFP & large bath w dual vanities & generous shower. There are two additional bedrooms served by hall bath. Outdoor deck is terrific for entertaining & views of lush backyard & mature trees. Bonus quarters w 650 SF of additional space for art studio or Airbnb $$$. Additional amenities include: office, wine fridge & upstairs sitting area.
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Property Highlights
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About Central Dallas
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017