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$344,000

NAL Estimated Property Value

1129 Lexington Ln, DeSoto, TX, 75115

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,905 Sq Ft
price_per_sqft$183.73 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListAbsentee OwnerMove-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, Gas Oven, Gas Range, Microwave
FlooringCarpet, Laminate, Tile

Exterior

Lot Size11,944 sqft

Building Information

Year Built1987
Stories2
Roof Type105
Garage Spaces2

Land Information

APN20017580090320000
Lot Number32
SubdivisionChapel Hill
Land UseResidential
Legal DescriptionCHAPEL HILL 1 BLK 9 LT 32 INT202500063727 DD05062025 CO-DC 0175800903200 4CS01758009
Census Tract016633
Assessed Land Value$75,000
Assessed Improvement Value$193,210
Assessment Year2025

About this property

New from top to bottom, ready for you! Quality craftsmanship and attention detail are found throughout this fully renovated beautiful home located on a quite cul de sac. Upon entering, you will find a flowing living space with large windows flooding the space with natural ight. The kitchen has tall shaker style white cabinets complemented with a white glass subway tile backsplash, quartz countertops and a large island. There are also all new stainless steel appliances, including a gas range. The downstairs is completed with LVP flowing throughout. All bedrooms are upstairs. The primary bedroom has a pretty bay window and large walk in closet. The en suite bathroom features a double vanity and separate shower and tub. The huge, private backyard has a new fence and is perfect for your outdoor living and entertaining. New roof, new vinyl windows and new air conditioner will keep your home comfortable year round.

Investor Tools

Property Icon
$344,000
Estimated Property Value
$337,609Estimated Mortgage Balance
$6,391Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$730/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,044
$268,210
2025
$75,000
$193,210
$268,210
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,044
$268,210

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Fha
$343,660
Yes
First
May 6, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$337,609
$6,391
1%
98%
$2,061/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$2,061/mo
$-31/mo
7.1%

City: DeSoto

1129 Lexington Ln | Property Details | No Agent List