8715 Royal Star Road
About This Property
Built in 2022, this 4-bedroom, 3.5-bath home offers approximately 2,702 square feet with a dedicated home office, 2 living space, a secondary ensuite & 2 covered patios.
The main level features an open-concept living area with fireplace & an eat-in kitchen with quartz countertops, stainless-steel appliances & LVP flooring. A dedicated study provides separate work-from-home space, while the private primary suite.
Upstairs, offers another spacious living or entertainment area along with 3 additional bedrooms & 2 full bathrooms. One secondary bedroom features its own private ensuite bath & walk-in closet ... ideal for buyers looking for added privacy, guest accommodations or multi-generational living options.
Located in Merritt Village in Rowlett, TX with convenient access to President George Bush Turnpike, Lake Ray Hubbard, shopping, dining & surrounding Dallas suburbs ... this home combines newer construction, flexible living space & a hard-to-duplicate stand alone property.
AND ... With an acceptable Offer, seller will provide a $10,000 Seller Credit to be applied to Buyers Closing Costs, pending buyer's Lender approval, and the Refrigerator, Washer & Dryer will convey with purchase!
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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 |
|---|---|---|---|
| Oct 24, 2026 | Price Decreased |
$500,000
↓ $25K
(4.8%) | |
| Price Decreased | |||
| Aug 29, 2026 | Listed by Real Broker, LLC | $525,000 | |
| Listed by Real Broker, LLC | |||
| Aug 21, 2026 | No longer available | - | |
| No longer available | |||
| Jul 30, 2026 | Price Decreased |
$550,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Jun 24, 2026 | Price Decreased |
$555,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017