918 Hawks Point Drive
About This Property
open gathering spaces and private retreats. At the heart of the home, the expansive family room flows seamlessly into the dining area and kitchen,
where a generous island and walk-in pantry create a natural hub for daily life. A separate formal dining room adds an elegant setting for special
occasions. The private primary suite is tucked away from the secondary bedrooms and features a spacious bath with dual vanities, soaking tub, separate shower, and generous closet space. A dedicated media room provides another inviting space for movie nights, entertaining, or relaxing. Indoor and outdoor living come together beautifully across the rear of the home, where the main living spaces open to an expansive covered patio with an outdoor kitchen, creating an ideal setting for everything from quiet mornings to evenings with friends. A spacious utility room, mudroom, abundant storage, and attached garage add everyday functionality without sacrificing the home's refined feel. With open living spaces, a four-bedroom layout, multiple entertaining areas, and an exceptional connection to the outdoors, this floor plan was designed to feel equally comfortable hosting a crowd or simply enjoying life at home. Completion is estimated for the spring of 2027. Zoned to South Bosque Elementary, River Valley Middle School, and Midway High School. Located in the desirable Deer Valley Estates, residents enjoy spacious, tree-lined homesites, private HOA river access, and a peaceful Texas Hill Country-inspired setting, with future amenities including pickleball and basketball courts and a community pavilion. Conveniently located near Midway ISD schools, shopping, and Hwy 84, Deer Valley offers a rare blend of privacy, recreation, and accessibility.
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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 5, 2026 | Listed by AG Real Estate & Associates | $1,499,900 | |
| Listed by AG Real Estate & Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017