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$462,890

NAL Estimated Property Value

1208 Richard Pittmon Dr, DeSoto, TX, 75115

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,751 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.31 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer

Exterior

Lot Size11,260 sqft

Building Information

Year Built2021
Stories1
Roof Type105
Garage Spaces2

Land Information

APN201043000A0050000
Lot Number5
SubdivisionTrees Farm Phase
Land UseResidential
Legal DescriptionTREES FARM PHASE 1 BLK A LT 5 ACS 0.2585 INT202500124954 DD06132025 CO-DC 1043000A00500 4CS1043000A
Census Tract016623
Assessed Land Value$100,000
Assessed Improvement Value$362,890
Assessment Year2025

About this property

Don’t miss out on this stunning home with a spacious floor plan designed for families seeking both comfort and style. This property features four bedrooms and three bathrooms, offering ample space and elegance. Key Features include a huge primary bedroom with a walk-in closet and a garden tub for a luxurious retreat. It also has a large formal dining room ideal for entertaining guests or family dinners and a covered patio perfect for enjoying outdoor relaxation. The family room has a generous amount of space for relaxation and gatherings. Kitchen includes a center island, abundant cabinet space, and a large walk-in pantry. Don’t miss out on this opportunity. Excludes: RainSoft Water Filtration System

Investor Tools

Property Icon
$462,890
Estimated Property Value
$397,052Estimated Mortgage Balance
$65,838Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,777 /month
Positive
Cash Flow Estimate:
$926 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$827/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,614
$462,890
2025
$100,000
$362,890
$462,890
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,614
$462,890

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Fha
$403,555
Yes
First
Jun 13, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$397,052
$65,838
14%
86%
$2,420/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$2,920/mo
$-270/mo
6.9%

City: DeSoto

1208 Richard Pittmon Dr | Property Details | No Agent List