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9515 Robin Meadow Drive
About This Property
The open concept floor plan offers a stunning living area with vaulted ceilings, creating a light filled and inviting atmosphere. A beautiful wood burning fireplace with custom tile work and a serves as a striking focal point, adding warmth and character to the space. The kitchen, dining and living areas flow seamlessly together, ideal for both everyday living and entertaining. The kitchen has been meticulously updated with quartz countertops, Thermador stainless steel appliances, a gas range, built in refrigerator and a spacious pantry featuring custom Elfa organization.
Engineered hardwood flooring runs throughout the living areas and bedrooms and is complemented by updated lighting and custom details throughout. A dedicated laundry room with additional storage adds everyday convenience. The spacious primary retreat is privately positioned at the rear of the home and offers direct access to the covered patio. The spa inspired bathroom features designer tile, dual vanities, a soaking tub, separate shower and a walk in closet with Elfa storage. Secondary bedrooms are generously sized with large windows, custom closet systems and are connected by a Hollywood bath. A flex space with stunning built-ins offers endless versatility as an additional living area, craft room or kids' space, with a full bathroom just off the space. The backyard offers a covered patio and a spacious backyard with a wood privacy fence and landscaping that creates an ideal setting for relaxing and entertaining. Located in the heart of Lake Highlands within Richardson ISD and just minutes from White Rock Lake, this home offers both convenience and a lifestyle that is hard to match. HVAC replaced in 2026.
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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 1, 2026 | Sold | ||
| Sold | |||
| Aug 26, 2026 | In contract | - | |
| In contract | |||
| Jun 23, 2026 | Price Decreased |
$719,000
↓ $15K
(2%) | |
| Price Decreased | |||
| May 29, 2026 | Price Decreased |
$734,000
↓ $15K
(2%) | |
| Price Decreased | |||
| Apr 30, 2026 | Listed by Compass RE Texas, LLC | $749,000 | |
| Listed by Compass RE Texas, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017