$665,000
●
House -
Off Market
8016 Strecker Lane
Plano, TX 75025
4 Beds
2 Baths,
1
Half Bath
2,718 Ft²
$3,242
Est. Monthly
$50
HOA / Fees
5.45%
Cap Rate
About This Property
Impeccable home in the highly sought-after Estates of Highland
Ridge! Enjoy stunning views of the private, tree-lined
backyard through floor-to-ceiling windows. Features include
a grand foyer, large study with French
doors, updated lighting, carpet, and paint, plus a new
roof approx., 2022. Water heater approx. 2024, Heat
& AC 2024. The chef's kitchen has been fully updated with
high-end appliances, and a whole house water filtration system. The
Kitchen opens to the family room with tall ceilings, a
fireplace, and backyard views. The spacious primary
suite offers a luxurious bath, while upstairs
features three bedrooms and extra storage space.
Relax in the serene backyard with an electric gate across
the drive. Close to community pool & park, shopping, and dining.
Unit Size
2,718 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$239
Property Type
House
Property Taxes
-
HOA Dues
$50
Year Built
1997
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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: 2 years ago (NTREIS #20936946)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| May 22, 2025 | In contract | - | |
| In contract | |||
| May 16, 2025 | Listed by Ebby Halliday, REALTORS | $650,000 | |
| Listed by Ebby Halliday, REALTORS | |||
| Aug 23, 2022 | Sold | ||
| Sold | |||
| Jul 8, 2022 | Listed by Keller Williams Realty | $575,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Impeccable home in sought-after Estates of Russell Creek will WOW you at first sight! Warm luxury vinyl plank flooring greets you as you step into the foyer. A large study has French doors. The formal dining room features crown molding and leads to an upgraded gourmet kitchen sure to delight any chef! Sleek quartz counters enhance the white cabinets, and just imagine the meals you can serve from the 5 burner gas cooktop and double convection ovens! Step from the kitchen to a sunny breakfast nook to your favorite room-a striking living room with a delightful fireplace and 18ft ceilings, with a wall of windows presenting exquisite backyard views! The private master suite is down with an upgraded bath. Upstairs will find three secondary bedrooms and a floored 10x8 storage closet leading to even more attic storage! Relax this summer on the covered patio, enjoying the backyard enhanced by an electric gate across the drive. Amenities -2-Pools, Tennis Courts, basketball court & playground.
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Sold On
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HOA + Taxes
About Highland Ridge
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Listed by: Paulette Greene, Ebby Halliday, REALTORS
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20936946
Details provided by NTREIS and may not match the public record
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20936946
Details provided by NTREIS and may not match the public record
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