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$317,000

1234 Forestbrook Drive, DeSoto, TX, 75115

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,912 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$86.3 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Double Oven, Electric Cooktop, Electric Water Heater
FlooringCarpet, Laminate

Exterior

Lot Size12,000 sqft

Building Information

Year Built1971
Stories1
Roof Type105
Garage Spaces2

Land Information

APN20062500030150000
Lot Number15
SubdivisionMantlebrook Farms 1st
Land UseResidential
Legal DescriptionMANTLEBROOK FARMS 1ST INST BLK 3 LOT 15 INT202100212409 DD07122021 CO-DC 0625000301500 4CS06250003
Census Tract016618
Assessed Land Value$65,000
Assessed Improvement Value$202,760
Assessment Year2025

About this property

Diamond in the Rough........Home has wonderful potential was a one owner home and needs TLC......There will be no repairs and sold AS IS. Cash prefered may go conventional Will not go VA or FHA. Easy to show! Bring offers.... HIGHEST AND BEST OFFER BY 6PM SUNDAY JUNE 13 RESPONSE WILL BE RECEIVED MONDAY JUNE 14

Investor Tools

Property Icon
$317,000
Estimated Property Value
$0Estimated Mortgage Balance
$202,595Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,902 /month
Positive
Cash Flow Estimate:
$634 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$484/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,220
$267,760
2025
$65,000
$202,760
$267,760
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,220
$267,760

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Origin Bank
Conventional
$126,000
No
First
Jul 12, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$114,405
$202,595
63%
36%
$756/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$756/mo
+$1,274/mo
7.7%

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.

Explore Texas Explore This Area
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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1234 Forestbrook Drive | Property Details | No Agent List