B+

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Owner Contacts

$510,000

1200 Cheyenne Dr, DeSoto, TX, 75115

Off Market

4 Beds

4 Bath

3,412 Sq Ft

Single Family Residence

$149.47 / sqft

Built in 2005

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave

FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting

Lot Size13,910 sqft

Building Information

Year Built2005

Stories2

Roof Type105

Garage Spaces2

Land Information

APN201011200F0110000

Lot Number11

SubdivisionTen Mile Creek

Land UseResidential

Legal DescriptionTEN MILE CREEK ESTATES PH 3A BLK F LT 11 INT202300034982 DD02172023 CO-DC 1011200F01100 4CS1011200F

Census Tract016617

Assessed Land Value$95,000

Assessed Improvement Value$384,080

Assessment Year2025

About this property

Incredible Opportunity to own in the prestigious Ten Mile Creek Estates. Zoned for Duncanville ISD and with NO HOA, this home has tons to offer! Upon entry, you will notice the newer Water Resistant Laminate Floors - installed in 2022. The living room has Soaring Ceilings which bring in tons of Natural Light. The Kitchen has Beautiful white Cabinets & Granite Countertops with plenty of space to host Family & Friends for the Holidays. The Downstairs Owner's Suite has newer flooring and a Walk-in Closet. Also, there is another downstairs room that could be used as a Study or Open Office area. Upstairs is a Huge Gameroom. There are also 3 Bedrooms & 2 Full Bathrooms upstairs. The Large Backyard is very Private. This home has a beautiful Newer Roof - installed in 2022 & is adjacent to a greenbelt, with additional privacy. Located just 3 miles away from the Hillside Village Shopping Center, 6 Miles from Joe Pool Lake, and 14 miles from Downtown Dallas. Come see this home today.

Investor Tools

$479,080

Estimated Property Value

$495,853Estimated Mortgage Balance

$0Estimated Equity

-4% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,060 /month

Positive

Cash Flow Estimate:

$1,020 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,127/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$11,133

$479,080

2025

$95,000

$384,080

$479,080

Tax History

Year

Tax Paid

Assessed Value

2024

$11,133

$479,080

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Fha

$495,853

Yes

First

Feb 17, 2023

Mar 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$492,462

N/A

103%

$3,135/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,650/mo

$3,135/mo

$-485/mo

6.6%

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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