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$550,000

1129 Northlake Drive, DeSoto, TX, 75115

On MarketInfo
Beds5 Beds
Baths4 Bath
Baths4,674 Sq Ft
price_per_sqft$117.67 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesTrash Compactor, Water Purifier, Dishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Range, Double Oven
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesRain Gutters
Lot Size11,070 sqft

Building Information

Year Built2007
Stories2
Roof Type105
Garage Spaces2

Land Information

APN200335000A0220000
Lot Number22
SubdivisionElerson Trace West
Land UseResidential
Legal DescriptionELERSON TRACE WEST BLK A LT 22 INT202100019306 DD01212021 CO-DC 0335000A02200 4CS0335000A
Census Tract016633
Assessed Land Value$70,000
Assessed Improvement Value$464,940
Assessment Year2025

About this property

This meticulously maintained home features a recently installed new roof and HVAC system, along with a radiant barrier in the attic for enhanced energy efficiency. Step inside to an updated kitchen complete with new appliances, upgraded countertops, stylish hardware, and a built-in trash compactor—perfect for everyday convenience and entertaining. The home showcases updated lighting fixtures throughout, wood accented stairs, and refreshed upstairs bathrooms. The spacious primary suite includes a newly installed closet system, while both upstairs bathrooms features nice walk in shower systems with grab bars. Enjoy clean, purified water with a reverse osmosis system and the added efficiency of a new hot water heater with a recirculation pump. Outdoor living is just as impressive with an enclosed sunroom, iron tri-fold patio doors, and a backyard enhanced with elegant patio pavers ideal for relaxing or hosting guests. Additional features include a 5-camera security system, leaf guard protection around the home, and well maintained mechanical systems including one AC unit. This home offers the perfect blend of comfort, functionality, and modern upgrades—ready for its next owner to enjoy. Large game room and separate media room. Pride of ownership shows, this home has received yard of the month three times. 100% Financing with Planet DPA lender will contribute 1% of the loan amount to be applied to closing cost. This contribution is in addition to seller concessions. Also, 11 to 13 calendar days are closing turnaround times. VA financing is 15 to 16 calendar days

Investor Tools

$0Estimated Mortgage Balance
$550,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

Interested in this property?

Kalani Hooker

Berkshire Hathaway Home Services A Action REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,019/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,477
$534,940
2025
$70,000
$464,940
$534,940
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,477
$534,940

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$550,000
100%
0%
$0/mo

City: DeSoto

1129 Northlake Drive | Property Details | No Agent List