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9520 Heron Drive
About This Property
Welcome to lakefront living at its finest! Start your mornings with breathtaking sunrise views over the water and unwind in the evenings with stunning sunsets that truly must be seen to be appreciated. This exceptional property offers direct access from your back porch to your private boat dock and fishing pier-perfect for enjoying everything lake life has to offer.
The current owners have created lasting memories here, from fishing right in their backyard to enjoying the abundant wildlife and peaceful surroundings. The home is well-maintained with valuable updates, including a 2-year-old roof featuring hail-resistant Class 4 shingles, dual water heaters replaced in 2020, and a central HVAC system updated in 2017. The property is serviced by city water and sewer, with an underground septic system tied into city utilities. Washer and dryer convey with the home.
Whether you're searching for a full-time residence, weekend getaway, or income-producing investment property, this home offers incredible versatility. Conveniently located just minutes from I-820, shopping, dining, schools, the Fort Worth Stockyards, and downtown Fort Worth, you'll enjoy both tranquility and accessibility.
Located on scenic Lake Worth-known for its excellent fishing, boating, and even unique views of the downtown Fort Worth skyline-this is a rare opportunity to own a piece of waterfront paradise. Bring your vision and make this your dream lake home or next great investment!
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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 |
|---|---|---|---|
| Aug 7, 2026 | Sold | ||
| Sold | |||
| Jul 24, 2026 | In contract | - | |
| In contract | |||
| Jun 24, 2026 | Price Decreased |
$435,000
↓ $24K
(5.2%) | |
| Price Decreased | |||
| May 23, 2026 | Price Decreased |
$459,000
↓ $20K
(4.2%) | |
| Price Decreased | |||
| Apr 24, 2026 | Price Decreased |
$479,000
↓ $20K
(4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017