$1,575,000
●
House -
Off Market
55 Masland Circle
Dallas, TX 75230
4 Beds
3 Baths,
3
Half Baths
5,188 Ft²
$1,598,910
RealtyHop Estimate
-1.61%
Since Jun 1, 2023
TX-Dallas
Primary Model
About This Property
Gated community in Preston Hollow's Downs of Hillcrest features
beautiful grounds anchored by a lake in the center of the
development. This home boasts an open floor plan w tall ceilings +
huge windows that bathe the home in natural light. Gracious formals
are situated at the front of the home and are accented by art
niches, designer lighting + large windows w beautiful views. A
chef's kitchen overlooks the breakfast nook + living room anchored
by a stone FP and + bar. The owners's suite is main floor + enjoys
an oversized BA w marble accents, large shower, soaking bath +
spacious walk-in closet. A guest BR is located on the 1st floor,
along w a private office. The 2nd level features 2 guest BRs with
en-suite baths, a game room, media room + flex space for a 2nd
office, gym or music room. The backyard features a beautiful pool w
water features, mature trees for enhanced privacy + a built-in
grill. 24-7 gated security + lush grounds make for an idyllic
retreat in the heart of Dallas.
Unit Size
5,188 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$313
Property Type
House
Property Taxes
$2,480
HOA Dues
$175
Year Built
1999
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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: 3 years ago (NTREIS #20267259)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 3, 2023 | Sold | ||
| Sold | |||
| Mar 1, 2023 | Listed by Compass RE Texas, LLC. | $1,625,000 | |
| Listed by Compass RE Texas, LLC. | |||
| Feb 28, 2023 | No longer available | - | |
| No longer available | |||
| Oct 27, 2022 | Listed by Dallas Compass, LLC. | $1,695,000 | |
| Listed by Dallas Compass, LLC. | |||
| | |||
|
Gated community in Preston Hollow's Downs of Hillcrest features beautiful grounds anchored by a lake in the center of the development. This home boasts an open floor plan w tall ceilings + huge windows that bathe the home in natural light. Gracious formals are situated at the front of the home and are accented by art niches, designer lighting + large windows w beautiful views. A chef's kitchen overlooks the breakfast nook + living room anchored by a stone FP and + bar. The owners's suite is main floor + enjoys an oversized BA w marble accents, large shower, soaking bath + spacious walk-in closet. A guest BR is located on the 1st floor, along w a private office. The 2nd level features 2 guest BRs with en-suite baths, a game room, media room + flex space for a 2nd office, gym or music room. The backyard features a beautiful pool w water features, mature trees for enhanced privacy + a built-in grill. 24-7 gated security + lush grounds make for an idyllic retreat in the heart of Dallas. The manager has listed the unit size as 5188 square feet.
| |||
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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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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HOA + Taxes
About North Central Dallas
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Listed by: Julie Provenzano, Compass RE Texas, LLC.
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20267259
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20267259
Details provided by NTREIS and may not match the public record
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