$376,000
●
House -
Off Market
8524 Lake Arrowhead Trail
McKinney, TX 75071
4 Beds
1 Bath,
1
Half Bath
2,321 Ft²
$583,530
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model
About This Property
MLS# 14026888 - Built by Highland Homes - Ready Now! ~ 1 story, 4
bedrooms, 2.5 baths, study, family room, dining area with wine
hutch, extended outdoor living area, extended master bedroom & 2
car garage. Popular higher pitched Elevation E with upgraded 6
panel mahogany front door. Classic kitchen package upgrade &
optional extended cabinet with upgraded mosaic backsplash. Quartz
countertops, optional wine hutch, a beautiful white stone fireplace
& upgraded wood floors complete the open concept kitchen, dining &
family living area. Optional powder bath has a linen closet.
Upgraded carpet & master bath tile.
Unit Size
2,321 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$172
Property Type
House
Property Taxes
-
HOA Dues
$78
Year Built
2019
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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: 3 years ago (NTREIS #14026888)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 23, 2023 | Sold | ||
| Sold | |||
| Oct 28, 2023 | Listed by Coldwell Banker Realty | $569,900 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
People's Choice Highland Homes beauty with remaining structural warranty, in sprawling desirable Trinity Falls neighborhood close to Hwy 75, on-site schools and area commerce. Beautiful landscaping & tons of curb appeal! Open concept living pace with inviting neutral gray paint tones & lots of natural light! Dark wood floors at entry continues into living and kitchen area. Rustic mantle adorns beautiful stone fireplace. Kitchen boost breakfast nook, stainless steel appliances, chic backsplash, quartz countertops, gas cooktop & large island. Private master suite with airy & bright luxurious bath featuring double sinks, tiled separate shower & garden tub. Large covered back patio overlooks large privacy fenced in backyard. Trinity Falls is a master planned community with parks, 5 lakes, playground and walking-bike trails, only a short drive to historic downtown McKinney district!
| |||
| Dec 10, 2021 | Sold | ||
| Sold | |||
| Sep 3, 2021 | Listed by PMI North Texas | $499,900 | |
| Listed by PMI North Texas | |||
| | |||
|
*BACK ON MARKET-BUYER FAILED TO CLOSE* Gorgeous Highland home with beautiful landscaping and tons of curb appeal! Open concept living space with neutral gray paint tones and tons of natural light, giving the home an inviting feel. Dark wood floors from entry continue to the living and kitchen area. Stunning stone fireplace and rustic mantle. Kitchen boasts stainless steel appliances, modern backsplash, quartz counters, large island and gas cooktop. Escape to the private master suite and luxurious master bath featuring double sinks, garden tub and beautiful tile work. Large covered back porch. Trinity Falls is a master-planned community with parks, five lakes and trails! Minutes to downtown McKinney!
| |||
| Sep 19, 2019 | Sold | ||
| Sold | |||
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Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Ben Caballero, Highland Homes Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14026888
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14026888
Details provided by NTREIS and may not match the public record
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