692 S Loop Drive
About This Property
This exceptional 2.36-acre estate offers a rare opportunity to own a serene retreat just minutes from Downtown, Cedar Hill Mall, and Joe Pool Lake. Designed for both comfort and style, the residence boasts five spacious bedrooms, three elegant bathrooms, and a versatile game room that can be transformed into a private guest suite or mother-in-law quarters.
Every detail has been thoughtfully updated, including a brand-new roof (June 2025), custom patio flooring (July 2025), energy-efficient windows (2022), and an epoxy-finished garage floor.
Outdoors, you'll find endless possibilities for relaxation and entertainment. A detached structure offers the potential for a custom workshop, studio, or chicken coop (per local guidelines), Plenty of room to build a shop, while the 2018 Endless Pool Swim Spa provides a luxurious space to unwind. Ample parking and expansive grounds make this property ideal for private events, Airbnb hosting, or simply enjoying the tranquility of your own estate. Sales price is below the Dallas County Appraisal district Market value of $700,000, do not hit snooze on this opportunity!
Discover the perfect blend of luxury, privacy, and convenience-schedule your private showing today
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 29, 2025 | Sold | ||
| Sold | |||
| Jul 23, 2025 | In contract | - | |
| In contract | |||
| Jul 16, 2025 | Listed by Texas Lone Star, REALTORS | $587,000 | |
| Listed by Texas Lone Star, REALTORS | |||
| May 3, 2024 | No longer available | - | |
| No longer available | |||
| Aug 29, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017