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$336,690

NAL Estimated Property Value

1028 Briarwood Ln, DeSoto, TX, 75115

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,056 Sq Ft
price_per_sqft$132.3 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

BankruptcyOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Microwave, Refrigerator

Exterior

Lot Size20,750 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces2

Land Information

APN20054500050110000
Lot Number11
SubdivisionHigh Meadows 2nd
Land UseResidential
Legal DescriptionHIGH MEADOWS 2ND INST BLK 5 LT 11 INT202500021914 DD02032025 CO-DC 0545000501100 4CS05450005
Census Tract016610
Assessed Land Value$60,000
Assessed Improvement Value$276,690
Assessment Year2025

About this property

Diamond in the rough!!! Come check out this great opportunity to own a home 20 minutes south of Downtown Dallas in the thriving community of Desoto that sits on almost a half acre! This beautiful ranch style home has two large living areas, vaulted ceilings, a galley kitchen with a breakfast area, a formal room that could be a dining area or office, and 3 full sized bedrooms. There are mature trees surrounding the home for plenty of shade during the hot summers! Large lot with huge backyard as well as additional parking in the rear driveway. Home is zoned for Woodridge and The Meadows elementary schools depending upon student's grade level. Desoto maintains that small town feel even while staying close to the big city attractions of Dallas. Just a 15-minute drive north lets you enjoy the art museums, cultural events, concerts and sports events. Afterwards, you can escape the traffic and noise as you head to Desoto! Home is sold as-is, where-is with all faults, both known and unknown.

Investor Tools

Property Icon
$336,690
Estimated Property Value
$250,488Estimated Mortgage Balance
$86,202Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,020 /month
Positive
Cash Flow Estimate:
$673 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$766/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,508
$336,690
2025
$60,000
$276,690
$336,690
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,508
$336,690

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Fha
$256,155
Yes
First
Feb 3, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$250,488
$86,202
25%
74%
$1,536/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$1,536/mo
+$494/mo
7.2%

City: DeSoto

1028 Briarwood Ln | Property Details | No Agent List