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$279,000

1001 Lilac Lane, DeSoto, TX, 75115

$362,700 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,941 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$70.79 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Double Oven, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size16,425 sqft

Building Information

Year Built2002
Stories2
Roof Type105
Garage Spaces2

Land Information

APN200149100A0350000
Lot Number35
SubdivisionCandle Meadow
Land UseResidential
Legal DescriptionCANDLE MEADOW PH 1 BLK A LOT 35 INT201900318044 DD11182019 CO-DC 0149100A03500 4CS0149100A
Census Tract016633
Assessed Land Value$88,000
Assessed Improvement Value$377,940
Assessment Year2025

About this property

This beautiful 4 bedroom home is an Estate to be sold AS-IS. Expanded ceilings, hardwood floors, walls of windows and light filled rooms are a few of the fine features! The lovely foyer has a graceful staircase leading to the upper level. Formals on either side of entry. A cook's dream of a kitchen is open to the family room and casual dining for family gatherings. Master bedroom is down with a fireplace and big master bath and closet. 4 bedrooms and gameroom up. A third of an acre lot provides poolside living with large yard, also! The pool features attached spa and rock waterfall. Pretty vinyl fencing (no maintenance) surrounds the property. Huge 2 and half garage for extra storage or workshop. No survey.

Investor Tools

Property Icon
$465,940
Estimated Property Value
$0Estimated Mortgage Balance
$251,758Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$362,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,796 /month
Positive
Cash Flow Estimate:
$932 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$866/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,061
$465,940
2025
$88,000
$377,940
$465,940
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,061
$465,940

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Funding Lp
Conventional
$245,650
No
First
Nov 18, 2019
Dec 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$214,182
$251,758
54%
46%
$1,473/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$1,923/mo
+$727/mo
6.8%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: DeSoto

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