23
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537 Oleander Drive
About This Property
The primary suite is positioned at the rear of the home and includes a spacious bedroom, walk-in closet, and ensuite bath with dual vanities, a garden tub, separate shower, and linen storage. Two additional bedrooms are located separately from the primary suite and feature large closets.
Outside, the fenced backyard offers a covered patio and room for outdoor seating, grilling, or recreation. Additional features include vaulted ceilings, decorative lighting, a sprinkler system, and an attached 3-car garage. Convenient access to I-30 provides connections to shopping, dining, Rockwall, Greenville, and surrounding areas.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 5, 2026 | Price Decreased |
$339,900
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Sep 27, 2026 | Listed by Jay Marks Real Estate | $345,000 | |
| Listed by Jay Marks Real Estate | |||
| Jul 2, 2022 | No longer available | - | |
| No longer available | |||
| Dec 11, 2021 | In contract | - | |
| In contract | |||
| Dec 2, 2021 | Listed by HomesUSA.com | $345,930 | |
| Listed by HomesUSA.com | |||
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MLS# 14718959 - Built by Altura Homes - May completion! ~ UNDER CONSTRUCTION - Appt to Tour Plan --- This is home is spacious and airy with white shaker cabinets and vinyl flooring and upgraded countertops in the kitchen and there is plenty of storage with 42 inch cabinets!. the study is great for a second living or for someone that works from home. the master suite is quite large and master closet is enormous! The separate garden tub and shower complete a truly luxury suite. Don't miss out of this home! Schedule your appointment today The manager has listed the unit size as 1890 square feet.
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About Royse City
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017