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$350,950

1048 Peach Ln, DeSoto, TX, 75115

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,240 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.09 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Double Oven

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size10,980 sqft

Building Information

Year Built1974
Stories1
Roof Type105
Garage Spaces2

Land Information

APN20053500090130000
Lot Number13
SubdivisionHigh Meadows 1st
Land UseResidential
Legal DescriptionHIGH MEADOWS 1ST INST BLK 9 LT 0013 INT202500059435 DD03242025 CO-DC 0535000901300 4CS05350009
Census Tract016610
Assessed Land Value$60,000
Assessed Improvement Value$290,950
Assessment Year2025

About this property

Welcome to 1048 Peach Lane, a stunningly reimagined residence in the heart of DeSoto, TX. This elegantly designed home sits on a quarter-acre corner lot boasting 3 spacious bedrooms and 2 luxurious bathrooms, offering a haven of comfort and style. Step inside to discover a modern open-concept layout accentuated by high ceilings and sleek finishes that create an inviting and airy atmosphere. The kitchen is a dream, featuring beautiful cabinetry, an electric cooktop, double ovens, a tile backsplash, quartz countertops, and ample storage. The primary suite provides a serene escape with its elegant en-suite bath and generous closet space. Outside, the large private backyard is perfect for relaxing, pets, and entertaining. Experience the perfect blend of contemporary elegance and modern convenience in this exquisite home. Just steps away from The Meadows Elementary School! Schedule your Showing today!...

Investor Tools

Property Icon
$350,950
Estimated Property Value
$318,250Estimated Mortgage Balance
$39,260Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,106 /month
Positive
Cash Flow Estimate:
$702 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$550/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,845
$350,950
2025
$60,000
$290,950
$350,950
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,845
$350,950

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$318,250
No
First
Mar 24, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$312,169
$38,781
11%
89%
$1,909/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$1,909/mo
+$121/mo
6.9%

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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1048 Peach Ln | Property Details | No Agent List