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$339,000

NAL Estimated Property Value

1138 Springbrook Drive, DeSoto, TX, 75115

$367,104 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,782 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$88.03 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal
FlooringCarpet, Ceramic Tile

Exterior

Lot Size15,577 sqft

Building Information

Year Built1974
Stories2
Roof Type105
Garage Spaces2

Land Information

APN20049600070020000
Lot Number2,2-3
SubdivisionHampton Place
Land UseResidential
Legal DescriptionHAMPTON PLACE ESTATES 2ND INST BLK G LT 2 & PT LT 3 ACS 0.33 INT201900126415 DD05162019 CO-DC 0496000700200 4CS04960007
Census Tract016619
Assessed Land Value$87,500
Assessed Improvement Value$237,370
Assessment Year2025

About this property

Beautifully updated 2 story home nestled in mature trees. Home features a open floor plan, see thru fireplace separating den & sunroom, formal dining, galley style kitchen offers plenty cabinet space + open bar. This home is perfect for entertaining or enjoy some quiet time on your master balcony and take in the views.

Investor Tools

Property Icon
$339,000
Estimated Property Value
$227,857Estimated Mortgage Balance
$111,143Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$367,104
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,034 /month
Positive
Cash Flow Estimate:
$678 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$639/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,971
$324,870
2025
$87,500
$237,370
$324,870
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,971
$324,870

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$240,562
Yes
First
May 16, 2019
Jun 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,857
$111,143
32%
67%
$1,577/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$1,577/mo
+$1,073/mo
9.4%

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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1138 Springbrook Drive | Property Details | No Agent List