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8716 Echo Valley Drive
About This Property
Welcome home to this wonderfully maintained 1-story gem offering exceptional curb appeal and a functional open floor plan designed for modern living. Featuring 4 bedrooms, 2 living areas, 2 dining areas, and 2.1 baths, and a THREE CAR GARAGE, this home has been thoughtfully updated - including fresh interior paint, new carpet, and stylish light fixtures. Bedroom 4 could be used as an office or flex space. The elegant circle driveway makes a lasting first impression, while the 3-car rear-entry garage with an entry door adds convenience and clean street presence. The primary suite is a true retreat, boasting 2 walk-in closets, built-ins, and a sitting area. An 8' privacy fence encloses the backyard, perfect for entertaining or relaxing in seclusion. Located in the highly sought-after Richardson ISD, zoned to the desirable Mosshaven Elementary School. This move-in ready home checks every box - don't miss your opportunity!
Buyer are to purchase a new survey.
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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 |
|---|---|---|---|
| Aug 27, 2026 | Sold | ||
| Sold | |||
| Aug 11, 2026 | In contract | - | |
| In contract | |||
| Jul 6, 2026 | Price Decreased |
$672,500
↓ $18K
(2.5%) | |
| Price Decreased | |||
| Jun 23, 2026 | Price Decreased |
$690,000
↓ $16K
(2.3%) | |
| Price Decreased | |||
| May 27, 2026 | Listed by Ebby Halliday, REALTORS | $706,000 | |
| Listed by Ebby Halliday, REALTORS | |||
Property Highlights
Building Info
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About Northeast Dallas
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017