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$450,000

1220 Richard Pittmon Dr, DeSoto, TX, 75115

$561,034 ARVInfo
PendingInfo
Beds5 Beds
Baths3 Bath
Baths3,425 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$131.39 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal

Exterior

Lot Size11,237 sqft

Building Information

Year Built2021
Stories2
Roof Type105
Garage Spaces2

Land Information

APN201043000A0080000
SubdivisionTrees Farm Phase
Land UseResidential
Legal DescriptionTREES FARM PHASE 1 BLK A LT 8 ACS 0.2579 INT202200121740 DD04292022 CO-DC 1043000A00800 4CS1043000A
Census Tract016623
Assessment Year2025

About this property

Experience refined living in this exceptional modern residence, ideally located in the vibrant city of DeSoto. Built in 2022, this contemporary home offers an impressive open-concept layout designed for both everyday comfort and sophisticated entertaining, enhanced by striking curb appeal. The brick exterior is complemented by rich stained cedar garage doors for a polished, upscale presence. The chef-inspired kitchen serves as the heart of the home, featuring premium built-in stainless steel appliances and an expansive walk-in pantry. Seamlessly connected to the breakfast and family rooms, it creates an effortless flow for gatherings. Dedicated formal dining room with the flexibility to serve as an elegant office or personalized creative workspace. The primary suite, located on the main level, offers a serene retreat, while the upper level includes three spacious bedrooms and an oversized media room for entertainment or leisure. Additional features include a sleek fireplace, an expansive backyard for hosting, and a covered patio designed for year-round enjoyment. This property blends contemporary design with urban sophistication—schedule your private showing to experience its unmatched quality and lifestyle potential.

Investor Tools

$498,301Estimated Mortgage Balance
$13,999Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$561,033
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,074 /month
Positive
Cash Flow Estimate:
$1,025 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,093/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,550
$512,300
2025
N/A
N/A
$512,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,550
$512,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lower Llc
Fha
$428,762
Yes
First
Apr 29, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$498,301
$13,999
2%
97%
$3,218/mo

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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1220 Richard Pittmon Dr | Property Details | No Agent List