Hidden at the back of a quiet culdesac in sought-after Butterfield
Junction, this custom stone home delivers a rare combination of
privacy, nature and modern comfort on approximately 2.2 heavily
wooded acres with serene creek and woodland views. Thoughtfully
updated throughout, the open, inviting floor plan offers
approximately 3,878 square feet with light-filled living and dining
spaces that capture the views, plus a beautifully finished media
and game room loft above the oversized garage with skylights,
built-ins and beverage fridge. Outdoor living shines with a covered
front porch, expansive rear covered patio, resort style pool and
spa with recently refreshed decking and finishes, and private
hiking trails that wind through the trees to the Ray Roberts Lake
Isle du Bois park trail system for hiking, biking and horses or
dogs. Recent improvements include interior and exterior paint,
updated bedroom flooring, remodeled front bath, two tankless water
heaters, whole-house and under-sink water filtration with UV
treatment, and a modern 50amp solar panel system with backup
battery for efficiency and peace of mind. Solar panel system is
owned. Set in one of Pilot Point's most desirable wooded
communities just minutes from Lake Ray Roberts and North Texas
Horse Country, this property lives like a private retreat while
still being convenient to Denton, Sanger and the 380 and 35
corridors.
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.
Stunning custom built home on over 2 wooded acres in desirable Butterfield Junction. High quality construction with impressive mesquite wood floors, wood beamed ceilings and lots of upgrades. Chefs kitchen with incredible maple and walnut cabinetry, gas stove, double ovens, large island and granite counters. Open floor plan, spacious dining room, 3 bedrooms plus office, 3 baths and 2 half baths. Enjoy the outdoors and all the privacy with a resort-style infinity pool and spa. Three minute drive to Ray Roberts Lake State Park. Boating, RV hookups, fishing, hiking, horse back riding, paddle boarding and sandy beaches. Beautiful landscaping. A must see!
Stunning custom built home on over 2 wooded acres in desirable Butterfield Junction. High quality construction with impressive mesquite wood floors, wood beamed ceilings and lots of upgrades. Chefs kitchen with incredible maple and walnut cabinetry, gas stove, double ovens, large island and granite counters. Open floor plan, spacious dining room, 3 bedrooms plus office, 3 baths and 2 half baths. Enjoy the outdoors and all the privacy with a resort-style infinity pool and spa. Three minute drive to Ray Roberts Lake State Park. Boating, RV hookups, fishing, hiking, horse back riding, paddle boarding and sandy beaches. Beautiful landscaping. A must see!
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Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Additional Parking, Concrete, Drive Through, Driveway, Garage, Garage Door Opener, Garage Faces Side, Inside Entrance, Oversized, Garage Double Door, Garage Single Door
Garage Spaces: 3
Interior Details
Half Bathrooms: 2
Full Bathrooms: 3
Interior Features: Built-in Features, Chandelier, Double Vanity, Eat-in Kitchen, Granite Counters, Kitchen Island, Open Floorplan, Cable TV Available, Decorative Lighting, Flat Screen Wiring
Appliances: Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Double Oven, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Water Purifier, Water Filter
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