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$291,500

NAL Estimated Property Value

117 Shockley Ave, DeSoto, TX, 75115

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,868 Sq Ft
price_per_sqft$160.55 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Double Oven, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size10,318 sqft

Building Information

Year Built1975
Stories1
Roof Type105
Garage Spaces4

Land Information

APN20044500140130000
Lot Number13
SubdivisionHampton Place
Land UseResidential
Legal DescriptionHAMPTON PLACE ESTATES 4TH INST LT 0013 INT202400259592 DD12202024 CO-DC 0445001401300 4CS04450014
Census Tract016619
Assessed Land Value$70,000
Assessed Improvement Value$221,500
Assessment Year2025

About this property

Don't miss this opportunity to own this well cared for home in the desirable Hampton Place Estates! Beautiful yard with mature trees! Great flexible floor plan with 4 bedrooms, 2 and half bathz plus 2 living and 2 dining. Fourth bedroom is off kitchen area and would make a great office! Light bright sunroom off den w- skylight, AC & heating unit & door that leads to backyard. Kitchen offers 5 burner gas cooktop replaced in 2015 & double ovens. Foundation work just completed w- transferrable warranty. Outbound sewer pipe just replaced, 9-2024. All plumbing rerouted from slab to attic in 2023. HVAC replaced in 2018, roof replaced in 2013. Over sized 2 car garage plus carport offer plenty of parking! Backyard with beautiful Crepe Myrtles and large shed for storage. So many important updates completed, just needs your cosmetic interior finish out! See Foundation, Plumbing and Sewer reports and information attached in MLS.

Investor Tools

Property Icon
$291,500
Estimated Property Value
$275,669Estimated Mortgage Balance
$15,831Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,799 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$315/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,324
$291,500
2025
$70,000
$221,500
$291,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,324
$291,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Fha
$282,783
Yes
First
Dec 20, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$275,669
$15,831
5%
95%
$1,696/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$1,696/mo
+$334/mo
8.4%

Learn About the Market: Opportunity in Texas

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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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117 Shockley Ave | Property Details | No Agent List