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8501 Van Pelt Drive
About This Property
Thoughtfully updated inside and out, this move-in-ready home combines contemporary design with significant recent improvements, including a 2024 roof, all-new windows in 2024, 2024 appliances and a 2023 AC condenser.
Inside, the bright, open floor plan seamlessly connects the kitchen and living spaces, creating an inviting setting for both everyday living and entertaining. The remodeled kitchen is a standout, featuring quartz countertops, stainless-steel appliances, modern cabinetry, designer tile and an oversized waterfall island with seating. Updated flooring, recessed lighting, refreshed bathrooms and carefully selected contemporary finishes continue throughout the home.
A custom bar and wine display provides another distinctive entertaining space and adds character rarely found in homes of this size.
Step outside to a private backyard designed for year-round enjoyment. The swimming pool is complemented by an updated pool deck, new pool tile and a new skimmer, while the large covered patio and refreshed landscaping create an inviting outdoor living space for dining, entertaining or relaxing by the pool.
Situated on a corner lot with a two-car garage, 8501 Van Pelt offers the charm of an established Casa Linda-area neighborhood together with the modern finishes and substantial recent improvements buyers are looking for. White Rock Lake, the Dallas Arboretum, Casa Linda Plaza, parks, restaurants and shopping are all just minutes away, with convenient access to Downtown Dallas and major thoroughfares.
Renovated, move-in ready and complete with a pool, covered outdoor living and significant recent improvements, 8501 Van Pelt offers an exceptional combination of style, location and functionality in the Casa Linda area.
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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%.
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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 14, 2026 | In contract | - | |
| In contract | |||
| Sep 27, 2026 | Listed by HomeSmart Stars | $569,000 | |
| Listed by HomeSmart Stars | |||
| Aug 26, 2024 | Sold | ||
| Sold | |||
| Jul 27, 2024 | In contract | - | |
| In contract | |||
| Jul 18, 2024 | Listed by Keller Williams Rockwall | $475,000 | |
| Listed by Keller Williams Rockwall | |||
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This home is eligible for $0 down, 4.99% fixed, no PMI! Call listing agent for details! This stunning 3-bed, 2-bath home boasts an open-concept floor plan with modern finishes and plenty of natural light. The gourmet kitchen features quartz countertops, stainless steel appliances, and an island perfect for entertaining. The spacious master suite offers a walk-in closet and en-suite bathroom. Enjoy outdoor living in the landscaped backyard or relax by the pool. Situated close to amenities near White Rock Lake and the Dallas Arboretum, this home offers a vibrant lifestyle with easy access to the post office, pharmacy, grocery and retail stores all within a 10 min drive. Additionally being just 15 minutes from downtown Dallas, you'll have all the city has to offer right at your fingertips. The ideal location for your commute to downtown Dallas, Town East Mall, Deep Ellum, Victory Park and Bishop Arts. Conveniently located near I-30 providing easy accessibility to I-635 and I-75!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017