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7028 Luxborough Drive
About This Property
The primary suite serves as a private retreat, defined by dramatic vaulted ceilings and a cozy sitting area perfect for quiet mornings. The spa-like ensuite bath offers a deep jetted soaking tub, dual vanities, and a separate shower, but the true luxury lies in the private doors that lead you straight from your bedroom to the water's edge. Outside, the backyard oasis is designed for year-round enjoyment, featuring a covered patio and a heated pool with a cascading rock waterfall. Originally a saltwater system and since converted to chlorine, the pool overlooks the lush, undisturbed greenery of the protected greenbelt, offering total privacy with no rear neighbors.
Beyond its sophisticated aesthetics, this Energy Star Certified home is engineered for modern efficiency and peace of mind. High-end functional upgrades include a tankless water heater for endless hot water and a whole-home water softener. Residents also benefit from a community rich in amenities, including a neighborhood lake and extensive jogging trails, all within the highly-regarded Lewisville ISD. From quiet evenings on the patio to the incredible convenience of nearby shopping and dining, this home offers a seamless blend of comfort, style, and location. New AC Unit 6-30-26
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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 26, 2026 | Sold | ||
| Sold | |||
| Jul 29, 2026 | In contract | - | |
| In contract | |||
| Jul 23, 2026 | Relisted | $689,900 | |
| Relisted | |||
| Jul 17, 2026 | In contract | - | |
| In contract | |||
| Jul 8, 2026 | Price Decreased |
$689,900
↓ $10K
(1.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017