984 Equestrian Drive
About This Property
The open-concept layout is perfect for both entertaining and everyday living, with a brand-new double oven ready to handle everything from weeknight dinners to holiday feasts. Step outside and discover the showstopper: a large covered patio that's perfect for enjoying your morning coffee, hosting lively gatherings, or simply unwinding while taking in the serene surroundings. Beyond the patio lies a generously sized fenced backyard, ideal for relaxing, playing, or hosting a barbecue.
The property also features a spacious 3-car garage, offering plenty of room for vehicles, storage, or hobbies. And what truly sets this home apart is its location within an equestrian-friendly neighborhood. Here, you can bring your horse and enjoy the convenience of boarding it right inside the community-a dream for horse lovers seeking a lifestyle that combines modern living with rural elegance.
Don't miss this incredible opportunity to experience the perfect balance of luxury and tranquility in sought-after Rockwall, TX!
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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 |
|---|---|---|---|
| Apr 28, 2026 | Sold | ||
| Sold | |||
| Apr 1, 2026 | In contract | - | |
| In contract | |||
| Mar 19, 2026 | Listed by Compass RE Texas, LLC | $550,000 | |
| Listed by Compass RE Texas, LLC | |||
| Jun 23, 2023 | Sold | ||
| Sold | |||
| Apr 27, 2023 | Listed by Coldwell Banker Apex, REALTORS | $549,900 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
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MULTIPLE OFFERS!! **NO CITY TAXES** This stately Equestrian Meadows beauty situated on over an acre truly has it all! Home boasts four bedrooms (two are ensuite), three full baths, PLUS a Study, Living Room + Outdoor Living, 2 Dining Spaces, AND a 3-CAR GARAGE! Upon entering the home, your eyes will be drawn through the windows along the back of the home to the peaceful & picturesque views. Natural light beams through the plentiful windows. The high ceilings make this open floor plan feel even more spacious. The Kitchen is a DREAM with ample cabinet & countertop space, and it opens perfectly to the living space. The backyard's covered patio is perfect for cooking out & entertaining or just relaxing outside. The SPLIT mother-in-law floor plan grants SUPREME PRIVACY. The Primary Suite it ample in its size & style. The GATED, PRIVATE neighborhood is quiet with HORSE STABLES & the highly coveted, award winning Rockwall ISD. Close proximity to the Lake Ray Hubbard!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017