6406 Meade Drive
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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 |
|---|---|---|---|
| Jul 9, 2025 | Sold | ||
| Sold | |||
| Jun 13, 2025 | In contract | - | |
| In contract | |||
| May 30, 2025 | Price Decreased |
$1,025,000
↓ $100K
(8.9%) | |
| Price Decreased | |||
| Apr 16, 2025 | Listed by Coldwell Banker Realty | $1,125,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
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Don’t miss your opportunity at one of the best priced and beautifully maintained 5-bedroom homes ideally located in the heart of Colleyville. Just minutes from top-rated GCISD schools—Glenhope Elementary, Cross Timbers Middle, and Grapevine High School—this home offers the perfect blend of timeless style and everyday convenience and is only waiting for you to move in and add your personal touches!
Inside, you'll love the open and inviting floor plan. The spacious primary suite is located on the main level, along with an additional bedroom and full en-suite bath—perfect for a mother-in-law suite or private guest quarters. The attached pool bath adds an extra layer of convenience for entertaining or summer fun. You will also find a full office at the front of the house along with a large dining room complete with 1 of the homes two fireplaces and a large formal living area with a butlers pantry and built in wine cabinet. The chef in the family will love the large kitchen with 5 star appliances including a 6 burner cooktop, commericial vent hood, warming drawer and pot filler.
Upstairs, you’ll find three generously sized bedrooms, two with en-suite bathrooms and a centrally located game room—an ideal teen hangout or media space.
Outside, you'll find plenty of space for al fresco dining on cool nights, with abundant patio space and multiple decked areas—or simply enjoy a quick game of yard darts in the large, grassy and shaded areas. Or cool off in your large saltwater pool with a waterfalls and a tanning ledge! Pool was completely updated in 2024 with new Pebbletec as well as new equipment for worry free maintenance for years to come!
Located close to top-tier schools, shopping, dining, and Kimzey Park (within easy walking distance down the street), this home truly has it all.
Buyer and Buyer agent to verify all information.
| |||
| Feb 12, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017