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580 Courtyard Lane
About This Property
Experience the perfect blend of modern sophistication and low-maintenance living in this stunning 4bedroom, 3bathroom residence located in the highly sought after Terraces of Las Colinas. Built in 2019, this coveted model floor plan is loaded with builder upgrades, featuring soaring ceilings and oversized windows that flood the home with natural light. The gourmet chef's kitchen serves as the heart of the home, boasting a massive island, premium countertops, and a seamless flow into the open-concept living area, complete with a cozy gas fireplace and custom built-in media console.
Work from home in style in the dedicated study with a custom built-in desk, or retreat to the primary suite featuring a spa-like bath and generous walk-in closet. Situated on a premium lot, this home offers rare views of the lush neighborhood greenspace and direct access to walking trails. The private side yard is finished with high-quality artificial turf, providing a perfect, mud free oasis for pets, play, or weekend relaxation. Minutes from DFW Airport, Toyota Music Factory, and elite shopping and dining.
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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%.
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 |
|---|---|---|---|
| Jun 4, 2026 | Price Decreased |
$688,000
↓ $4K
(0.6%) | |
| Price Decreased | |||
| May 20, 2026 | Price Decreased |
$692,000
↓ $7K
(1%) | |
| Price Decreased | |||
| Apr 28, 2026 | Price Decreased |
$699,000
↓ $13K
(1.8%) | |
| Price Decreased | |||
| Mar 27, 2026 | Listed by Grand DFW Realty | $712,000 | |
| Listed by Grand DFW Realty | |||
| Apr 12, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017