26
Map
8304 Karen Lane
About This Property
8304 Karen Ln, Terrell TX 75160 is a 4,392-square-foot home built in 1993 on a 2.5-acre lot. The kitchen features a center island, quartz countertops, a walk-in pantry, and stainless steel appliances, creating a fully equipped space for cooking and entertaining. A fireplace anchors the main living area, adding warmth and ambiance to the central gathering space. A laundry room adds utility, and Andersen windows extend throughout. A pool within a fully fenced backyard creates an expansive area for relaxation and entertaining. The grounds include ponds, and a chicken coop. A circle drive and a Siemens EV charging station complete this well-maintained residence with practical amenities and comfortable living spaces throughout every room. Home comes with a 100-Day Home Warranty
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Nov 5, 2026 | Price Decreased |
$680,000
↓ $19K
(2.7%) | |
| Price Decreased | |||
| Oct 22, 2026 | Price Decreased |
$699,000
↓ $26K
(3.6%) | |
| Price Decreased | |||
| Oct 12, 2026 | Listed by Opendoor Brokerage, LLC | $725,000 | |
| Listed by Opendoor Brokerage, LLC | |||
| Aug 9, 2024 | Sold | ||
| Sold | |||
| Jul 29, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017