$1,345,000
●
House -
Off Market
7866 Element Avenue
Plano, TX 75024
3 Beds
3 Baths,
1
Half Bath
3,112 Ft²
$7,599
Est. Monthly
$970
HOA / Fees
1.72%
Cap Rate
About This Property
Welcome to urban luxury living at 7866 Element Avenue, Plano, TX.
This modern and casually elegant home features 3 bedrooms, 3.5
bathrooms, and a generous 3112 square feet of living space. The
property boasts an elevator, ideal for easy access to all levels,
while the garage and included parking ensure convenience for
residents and guests alike. Step inside to discover a modern haven
with private outdoor space, perfect for enjoying the Texas
sunshine. The spacious layout is complemented by a huge outdoor
covered patio, ideal for entertaining or simply unwinding after a
long day. This home is perfectly situated for those seeking an
urban lifestyle, shops at Legacy just a stone's throw away and
close to 121 and DNT provides easy access to all the attractions
and amenities Plano has to offer. This prestigious corporate
residence presents a singular opportunity to indulge in the epitome
of Plano living. Arrange a viewing today and elevate your lifestyle
to unparalleled heights.
Unit Size
3,112 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$434
Property Type
House
Property Taxes
-
HOA Dues
$970
Year Built
2018
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 13 months ago (NTREIS #21011771)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2025 | Sold | ||
| Sold | |||
| Jul 29, 2025 | In contract | - | |
| In contract | |||
| Jul 24, 2025 | Listed by Compass RE Texas, LLC | $1,350,000 | |
| Listed by Compass RE Texas, LLC | |||
| Jan 19, 2024 | Sold | ||
| Sold | |||
| Sep 5, 2023 | Listed by Keller Williams Legacy | $1,149,900 | |
| Listed by Keller Williams Legacy | |||
| | |||
|
This 3-story home offers abundant natural light because of its premium corner location It is designed with extensive upgrades, an elevator, energy-efficient features & modern finishes. 2 large Bedrms, each outfitted with ensuite Bathrms & WI closets on 1st fl. The 2nd flr Living Rm is accented with a stunning FP. The adjoining outdoor living space boasts a panoramic view. The state-of-the-art Kitchen is equipped with SS built-in refrig & commercial-style 6-burner gas cooktop. A WI pantry & hand-finished cabinets offer abundant storage. The Kitchen’s large island has seating for casual dining. The sumptuous Owner’s Suite features 2 WI closets. An ensuite Bathroom offers impressive split, floating vanities, quartz counters, accent lighting, and a WI shower. The large soaking tub is ideal for relaxing the day away. The 3rd flr living room can be used as an office, playroom, library, or cozy sitting room with a sliding door to a private patio complete with a BI Fireplace.
| |||
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Property Highlights
Parking Available
Garage
Elevator
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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Baths
ft²
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About Plano
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Listed by: Carrie Himel, Compass RE Texas, LLC
Last Updated: 13 months ago
Data Source: NTREIS MLS, MLS# 21011771
Details provided by NTREIS and may not match the public record
Last Updated: 13 months ago
Data Source: NTREIS MLS, MLS# 21011771
Details provided by NTREIS and may not match the public record
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