816 Lake Crest Parkway
About This Property
Step inside to discover a bright, open layout featuring two luxurious bedroom suites: a serene primary suite designed for total relaxation, and a charming "princess suite"-perfect for guests or family-each with a private ensuite bath, newly completed in 2023. As part of the 2023 addition, you'll also enjoy a versatile bonus room-ideal as a home office, gym, or playroom-making this home into 2, 116 square feet of seamless living
space.
The roof and HVAC system were bth replaced in 2022 (roof installed late 2021), providing peace of mind and energy efficiency for years to come. With thoughtful updates and well-maintained systems throughout, this home is as functional as it is beautiful.
Located just 2 miles from the Shady Grove Park boat launch, lake days are always within easy reach. Golf enthusiasts will appreciate being just 3.2 miles from Cross Timbers Golf Course, and when it's time to head into the city, downtown Fort Worth is only 18 miles-or about 35 minutes-away.
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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 |
|---|---|---|---|
| Jul 17, 2025 | Sold | ||
| Sold | |||
| Jun 19, 2025 | In contract | - | |
| In contract | |||
| Jun 12, 2025 | Listed by Briggs Freeman Sotheby's Int'l | $315,000 | |
| Listed by Briggs Freeman Sotheby's Int'l | |||
| May 31, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| May 11, 2025 | Price Decreased |
$315,000
↓ $5K
(1.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017