7413 Westway Drive
About This Property
The main level features laminate flooring throughout the primary living areas for easy care and everyday durability. Formal living and dining rooms provide flexible space for gatherings, while the well-appointed kitchen offers custom cabinetry, generous counter space and storage, granite countertops, and a seamless connection to the breakfast nook and family room with fireplace and built-in shelving.
The primary suite serves as a relaxing retreat with a spacious layout and an ensuite bath featuring dual vanities, a soaking tub, and a standalone shower. Additional bedrooms are generously sized with ample closet space, making them ideal for family or guests. Upstairs, a large game room adds versatility and is accompanied by three additional bedrooms and extra storage.
Step outside to a fully fenced backyard with plenty of room for pets, play, and outdoor enjoyment. Mature trees and an established setting enhance the sense of privacy and community. Conveniently located with quick access to PGBT, Highway 66, Lake Ray Hubbard, and nearby shopping and dining, this home offers a comfortable lifestyle in a well-connected Rowlett location.
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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 3, 2026 | Sold | ||
| Sold | |||
| Jun 29, 2026 | In contract | - | |
| In contract | |||
| May 29, 2026 | Price Decreased |
$375,000
↓ $25K
(6.3%) | |
| Price Decreased | |||
| Feb 18, 2026 | Listed by Keller Williams Realty DPR | $400,000 | |
| Listed by Keller Williams Realty DPR | |||
| May 18, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017