$349,000
NAL Estimated Property Value1120 Urban Dr, DeSoto, TX, 75115
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Electric Water Heater
FlooringCarpet, Ceramic Tile
Exterior
Lot Size7,641 sqft
Building Information
Year Built2000
Stories2
Roof Type105
Garage Spaces2
Land Information
APN200701000B0220000
Lot Number22
SubdivisionMockingbird Hill Sec
Land UseResidential
Legal DescriptionMOCKINGBIRD HILL SEC 4 BLK B LT 22 INT202000302624 DD10292020 CO-DC 0701000B02200 4CS0701000B
Census Tract016621
Assessed Land Value$60,000
Assessed Improvement Value$275,000
Assessment Year2025
About this property
This 5 bedroom, 2.5 bath pet-free, smoke-free, single-owner home sits on a large lot and provides plenty of space for a growing family! Roof and garage door were replaced in 2015. The entire home has been freshly painted and a new back door has been added! The upstairs bath has been fully remodeled. Enjoy cozy evenings by the fireplace in your oversized living room. Flex room downstairs is currently used as a formal dining room but would also make a great study. Hard to find this much house at this price especially in highly desired Mockingbird Hills!
Investor Tools
$349,000
Estimated Property Value
$218,970Estimated Mortgage Balance
$130,030Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,094 /month
Positive
Cash Flow Estimate:
$698 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$612/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,603
$335,000
2025
$60,000
$275,000
$335,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,603
$335,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Fha
$245,471
Yes
First
Oct 29, 2020
Nov 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$218,970
$130,030
37%
63%
$1,472/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$1,472/mo
+$1,178/mo
9.1%
