716 N Wright Avenue
About This Property
Inside, wood-look laminate flooring, recessed lighting, neutral finishes, and abundant natural light create a fresh, inviting feel. The spacious kitchen anchors the main living area with a large center island, granite countertops, stainless steel appliances, pantry storage, and an impressive amount of white cabinetry. The open design keeps the kitchen connected to the living space, while an additional living area gives you the flexibility to create a game room, media room, home office, playroom, or second gathering space.
The primary suite offers a comfortable retreat with a spacious bedroom and private bath featuring dual sinks, generous vanity storage, a freestanding soaking tub, and separate shower. Three additional bedrooms, a second full bath, and a dedicated utility room complete the functional interior.
Outdoor living is another standout feature. A large covered back deck provides plenty of room for grilling, relaxing, and entertaining while overlooking the privacy-fenced backyard. With more than half an acre, there is space for pets, play, gardening, outdoor projects, and simply enjoying a little extra breathing room. Mature trees add shade and character to the property.
A detached garage provides additional parking, storage, and workspace, while the generous front yard and driveway enhance the property's spacious setting. If you're searching for a 4-bedroom home in Kerens, Texas with modern finishes, multiple living spaces, a large fenced backyard, covered deck, detached garage, and over half an acre, this one delivers a lot to love!
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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 |
|---|---|---|---|
| Oct 20, 2026 | Price Decreased |
$264,900
↓ $5K
(1.9%) | |
| Price Decreased | |||
| Sep 11, 2026 | Price Decreased |
$269,900
↓ $5K
(1.9%) | |
| Price Decreased | |||
| Aug 18, 2026 | Listed by RE/MAX Lakeside Dreams | $275,000 | |
| Listed by RE/MAX Lakeside Dreams | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017