840 Sendera Lane
About This Property
The private primary suite is pre-wired for pendant nightstand lighting and offers an ensuite with separate vanities, a large walk-in shower, and custom closet. Wood flooring flows throughout, while the dining room could easily become a designated area for work or hobbies with the addition of French doors. A stylish secondary bedroom and full bath offer privacy for guests.
Enjoy a spacious outdoor living area and corner lot without the upkeep-exterior landscaping and irrigation are maintained by the Community Association. Garage includes 2 receptacles for car chargers and epoxy floor. Ladera amenities include scenic walking trails, a grand clubhouse with fitness center, resort-style pool, pickleball, ping pong, billiards, full kitchen, and outdoor gathering area. A second clubhouse offers additional kitchen, game, and entertaining space.
Just 5 minutes from Downtown Rockwall, enjoy local restaurants, shopping, the Farmers Market, and live music at San Jacinto Plaza. H-E-B and the new IKEA are also just minutes away. Quick access to I-30 makes commuting to Dallas and throughout DFW convenient. Beautifully appointed, amenity-rich, and ideally located, this home offers 55+ living designed to be enjoyed.
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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 |
|---|---|---|---|
| Oct 29, 2026 | Price Decreased |
$575,000
↓ $20K
(3.4%) | |
| Price Decreased | |||
| Sep 23, 2026 | Listed by Keller Williams Rockwall | $595,000 | |
| Listed by Keller Williams Rockwall | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017