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$204,000

1041 Cloverdale Lane, DeSoto, TX, 75115

$228,527 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,184 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$93.41 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Oven
FlooringCarpet, Laminate

Exterior

Lot Size9,996 sqft

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces2

Land Information

APN20053500070260000
Lot Number26
SubdivisionHigh Meadows 1st
Land UseResidential
Legal DescriptionHIGH MEADOWS 1ST INST BLK 7 LT 26 INT202000153924 DD06152020 CO-DC 0535000702600 4CS05350007
Census Tract016610
Assessed Land Value$60,000
Assessed Improvement Value$235,490
Assessment Year2025

About this property

new roof april 2020,open floor plan

Investor Tools

Property Icon
$309,000
Estimated Property Value
$0Estimated Mortgage Balance
$130,903Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$228,526
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,854 /month
Positive
Cash Flow Estimate:
$618 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$459/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,963
$295,490
2025
$60,000
$235,490
$295,490
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,963
$295,490

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Paramount Residential Mortgage Group
Fha
$201,285
Yes
First
Jun 15, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,097
$130,903
42%
58%
$1,207/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$1,207/mo
+$823/mo
7.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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.

Explore Texas Explore This Area
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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1041 Cloverdale Lane | Property Details | No Agent List