$370,900
NAL Estimated Property Value1008 Birchwood Lane, DeSoto, TX, 75115
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesElectric Oven, Gas Cooktop
FlooringCarpet, Ceramic Tile, Laminate
Exterior
Lot Size9,639 sqft
Building Information
Year Built1977
Stories1
Roof Type105
Garage Spaces2
Land Information
APN20054500040110000
Lot Number11
SubdivisionHigh Meadows 2nd
Land UseResidential
Legal DescriptionHIGH MEADOWS 2ND INST BLK 4 LOT 11 INT202200042723 DD02102022 CO-DC 0545000401100 4CS05450004
Census Tract016610
Assessed Land Value$60,000
Assessed Improvement Value$310,900
Assessment Year2025
About this property
Character like no other, in The High Meadows sub-division one of the largest 1 story ranch home community. Open living room leading to lux backyard with a koi pond and well manicured lawn. Spacious dining and kitchen area with the perfect bonus room off of the rear entry garage. The owner's suite boasts an amazing layout and bathroom with huge shower. Quiet community, luxury living and historic value.
Investor Tools
$370,900
Estimated Property Value
$225,964Estimated Mortgage Balance
$144,936Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,225 /month
Positive
Cash Flow Estimate:
$742 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$650/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,951
$370,900
2025
$60,000
$310,900
$370,900
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,951
$370,900
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primary Residential Mortgage Inc
Conventional
$245,600
No
First
Feb 10, 2022
Mar 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$225,964
$144,936
39%
61%
$1,473/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$1,473/mo
+$557/mo
6.6%
