921 Gladewater Drive
About This Property
Upon entry, you are greeted by an abundance of natural light and high-end details, including soaring ceilings, premium engineered flooring, and designer lighting fixtures centered around a striking cast stone fireplace. The gourmet kitchen serves as a central hub, featuring a massive island, sleek quartz surfaces, a gas cooktop, and professional-grade stainless steel appliances.
This thoughtfully designed open layout provides exceptional flexibility. This much sought after 1 ½ story floor plan showcases the main floor private study and 3 bedrooms, 3 full baths, including a generous primary suite highlighted by Quartzite countertops, a large walk-in shower, and his and hers closets. Upstairs you will find a gameroom or flex area and 4th bedroom with 4 th full bath.
The property is complete with a garage specifically extended to accommodate large SUVs or trucks. Outside, the covered patio and expansive yard offer a seamless indoor-outdoor experience perfect for entertaining.Residents of Star Trail enjoy an unmatched lifestyle with multiple amenity centers, clubhouse with party rooms, outdoor lounge areas with fireplaces and TVs, resort style pools, pavilions with grills, playgrounds, and basketball, tennis, and pickleball courts. Ideally located near the Dallas North Tollway, this home offers the perfect balance of luxury, comfort, and connectivity in one of North Texas's most desirable communities.
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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 |
|---|---|---|---|
| Oct 3, 2026 | In contract | - | |
| In contract | |||
| Sep 18, 2026 | Listed by Ebby Halliday Realtors | $649,900 | |
| Listed by Ebby Halliday Realtors | |||
| Sep 17, 2026 | No longer available | - | |
| No longer available | |||
| Sep 9, 2026 | Price Decreased |
$649,900
↓ $19K
(2.9%) | |
| Price Decreased | |||
| Aug 11, 2026 | Price Decreased |
$669,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017