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$324,000

NAL Estimated Property Value

1108 Gracelane, DeSoto, TX, 75115

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,988 Sq Ft
price_per_sqft$100.55 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

BankruptcyOff-Market ListHigh EquityMove-In Ready

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, Electric Cooktop, Double Oven, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size9,976 sqft

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces2

Land Information

APN20069500090260000
Lot Number26
SubdivisionMesa Verde
Land UseResidential
Legal DescriptionMESA VERDE 1 BLK 9 LOT 26 INT201800266312 DD10022018 CO-DC 0695000902600 4CS06950009
Census Tract016619
Assessed Land Value$70,000
Assessed Improvement Value$235,120
Assessment Year2025

About this property

Just in time for the holidays! Move in ready home, located in a great neighborhood with NO HOA. Walking distance to elementary school and amenities. This Amazing home features, 3 bedrooms, 2.1 baths, 2 dining and 2 living areas perfect for entertaining. Fresh paint throughout, Kitchen has been updated with granite countertops, re-stained kitchen cabinets, and white subway tile backsplash. Frameless custom glass shower in master bath, granite countertops and updated flooring in all bathrooms, all commodes have been replaced. Updated flooring in all bedrooms. Foundation repaired in 2018, Includes Lifetime Transferable warranty. A must see!

Investor Tools

Property Icon
$324,000
Estimated Property Value
$215,016Estimated Mortgage Balance
$108,984Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,944 /month
Positive
Cash Flow Estimate:
$648 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$566/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,175
$305,120
2025
$70,000
$235,120
$305,120
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,175
$305,120

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lakeview Community Capital Llc
Fha
$197,341
Yes
First
Aug 9, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$215,016
$108,984
33%
66%
$1,399/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$1,399/mo
+$631/mo
7.5%

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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1108 Gracelane | Property Details | No Agent List