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$399,550

NAL Estimated Property Value

1217 Wexford Ln, DeSoto, TX, 75115

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,900 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Refrigerator, Washer
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size5,980 sqft

Building Information

Year Built2003
Stories2
Roof Type105
Garage Spaces2

Land Information

APN20017580040200000
Lot Number20
SubdivisionChapel Hill
Land UseResidential
Legal DescriptionCHAPEL HILL 2 PH 1 BLK 4 LT 20 VOL2004025/7486 DD01302004 CO-DC 0175800402000 22001758004
Census Tract016633
Assessed Land Value$75,000
Assessed Improvement Value$324,550
Assessment Year2025

About this property

Step into this inviting traditional two-story home, thoughtfully updated with fresh carpet and paint throughout. Tall ceilings and abundant natural light create a bright, open atmosphere, while bay windows in the breakfast area add charm and warmth to daily living. Designed with versatility in mind, the home offers a dedicated office space perfect for remote work, a spacious gameroom for family fun, and ceiling fans for year-round comfort. Outdoors, enjoy a large backyard ideal for entertaining, complete with a storage shed to house equipment or projects. This home blends classic style with modern convenience, making it a perfect lease opportunity for those seeking comfort and functionality.

Investor Tools

Property Icon
$399,550
Estimated Property Value
$167,454Estimated Mortgage Balance
$232,096Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,397 /month
Positive
Cash Flow Estimate:
$799 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$583/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,996
$399,550
2025
$75,000
$324,550
$399,550
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,996
$399,550

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amerisave Mortgage Corp
Conventional
$185,500
No
First
Apr 28, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$167,454
$232,096
58%
42%
$1,113/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$1,113/mo
+$1,537/mo
8.0%

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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1217 Wexford Ln | Property Details | No Agent List