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$337,000

NAL Estimated Property Value

1116 Gracelane Drive, DeSoto, TX, 75115

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,185 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$105.22 / sqft
Year BuiltBuilt in 1978

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
AppliancesDishwasher, Disposal, Electric Cooktop, Double Oven, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size11,280 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces2

Land Information

APN20069500090280000
Lot Number28
SubdivisionMesa Verde
Land UseResidential
Legal DescriptionMESA VERDE 1 BLK 9 LOT 28 INT201900231783 DD08302019 CO-DC 0695000902800 4CS06950009
Census Tract016619
Assessed Land Value$70,000
Assessed Improvement Value$250,980
Assessment Year2025

About this property

Stunning corner lot Home with lovely trees, rear entry garage, covered patio for summer fun. Versatile front room that could be a formal,living, dining or office area. Enjoy family and friends in a huge den with Rich picture frame panelling canned lighting amenities that include fireplace, beverage area ,built in bookcase and desk. Prepare and cook in a spacious galley kitchen with granite counters, stainless appliances double oven large breakfast nook and impressive hutch. Retire in an absolutely fabulous master suite, separate closets marble double vanities, custom tile shower, full size tub, Palazzo Porcelain tile floors, canned lighting and all bedrooms and living areas. A must see!!Property

Investor Tools

Property Icon
$337,000
Estimated Property Value
$222,099Estimated Mortgage Balance
$114,901Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,022 /month
Positive
Cash Flow Estimate:
$674 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$594/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,438
$320,980
2025
$70,000
$250,980
$320,980
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,438
$320,980

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wallick & Volk Inc
Fha
$219,942
Yes
First
Aug 30, 2019
Sep 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$222,099
$114,901
34%
66%
$1,526/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$1,526/mo
+$504/mo
7.2%

City: DeSoto

1116 Gracelane Drive | Property Details | No Agent List