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$331,000

NAL Estimated Property Value

1221 Gannon Ln, DeSoto, TX, 75115

Off MarketInfo
LeaseInfo
Beds4 Beds
Baths3 Bath
Baths1,944 Sq Ft
price_per_sqft$1.34 / sqft
Year BuiltBuilt in 2025

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
AppliancesElectric Oven

Exterior

Lot Size12,750 sqft

Building Information

Year Built2025
Stories1
Roof Type105
Garage Spaces1

Land Information

APN20093500010140000
Lot Number14
SubdivisionRolling Hills
Land UseResidential
Legal DescriptionROLLING HILLS 1 BLK 1 LT0014 INT202500107936 DD05232025 CO-DC 0935000101400 4CS09350001
Census Tract016634
Assessed Land Value$70,000
Assessed Improvement Value$107,730
Assessment Year2025

About this property

Beautiful, brand-new 4-bedroom, 3-bath home located in DeSoto. Never been lived in before, and great deal for the amount of space and quality

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$203/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$775
$177,730
2025
$70,000
$107,730
$177,730
No

Tax History

Year
Tax Paid
Assessed Value
2024
$775
$177,730

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jose Lucio Sarinana
Seller Carryback / Seller Financing / Seller Take-Back
$180,000
No
First
May 23, 2025
May 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$176,831
$154,169
46%
53%
$1,080/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$1,080/mo
+$1,570/mo
9.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1221 Gannon Ln | Property Details | No Agent List