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$279,000

NAL Estimated Property Value

1012 Pine Tree Ln, DeSoto, TX, 75115

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,939 Sq Ft
price_per_sqft$128.88 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven

Exterior

Lot Size11,700 sqft

Building Information

Year Built1971
Stories1
Roof Type105
Garage Spaces2

Land Information

APN20082500080030000
Lot Number3
SubdivisionPleasant Lake
Land UseResidential
Legal DescriptionPLEASANT LAKE ESTATES BLK 8 LOT 3 INT202400009280 DD01122024 CO-DC 0825000800300 4CS08250008
Census Tract016610
Assessed Land Value$60,000
Assessed Improvement Value$173,900
Assessment Year2025

About this property

Nestled in the serene and sought-after Pleasant Lake Estates, this single-family home sprawls over 1,939 square feet, offering ample space and potential for customization. Boasting 4 spacious bedrooms and 2 full bathrooms, it stands as an ideal residence for growing families seeking a blend of comfort and convenience. The property is enveloped by large, mature trees, contributing to the tranquil and picturesque surroundings inherent to Pleasant Lake Estates. A prime location for family living, the neighborhood is renowned for its beautiful, well-matured landscape and friendly community atmosphere. Furthermore, the residence benefits from easy access to I35, ensuring smooth commutes and proximity to various amenities and city attractions. While this home is brimming with potential, it is in need of some Tender Loving Care (TLC) and renovations to restore it to its full glory.

Investor Tools

Property Icon
$279,000
Estimated Property Value
$242,633Estimated Mortgage Balance
$36,367Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,674 /month
Positive
Cash Flow Estimate:
$558 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$559/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,312
$233,900
2025
$60,000
$173,900
$233,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,312
$233,900

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Intergrity Home Mortgage
Fha
$253,326
Yes
First
Jan 12, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,633
$36,367
13%
87%
$1,519/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$1,519/mo
+$511/mo
8.7%

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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1012 Pine Tree Ln | Property Details | No Agent List