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$296,000

NAL Estimated Property Value

1249 Essex Drive, DeSoto, TX, 75115

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,164 Sq Ft
price_per_sqft$106.28 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringCarpet, Laminate

Exterior

Exterior FeaturesStorage

Building Information

Year Built1986
Stories1
Roof Type105
Garage Spaces2

Land Information

APN200175500I0080000
SubdivisionCentre Estates
Land UseResidential
Legal DescriptionCENTRE ESTATES BLK I LT 8 INT202000012483 DD01102020 CO-DC 0175500I00800 4CS0175500I
Census Tract016610
Assessment Year2025

About this property

This GORGEOUS two story 3 bedroom home is IMMACULATE!! The STUNNING cherry finish cabinetry and BEAUTIFUL backsplash in the kitchen really set the tone for the rest of the house. An oversized living area that will easily accommodate a large sectional gives you all the space you'll need to entertain friends and family!! Cozy up to your warm fireplace during those chilly Texas Winters. If you enjoy entertaining, you'll be pleased to know that you're fully equipped to handle any soiree, big or small, with your EXTENDED COVERED outdoor patio, and afterwards feel free to relax and unwind in your GARDEN style master bathtub. This home features LOVELY wood laminate flooring, and PLUSH carpet throughout. Come See it!!

Investor Tools

Property Icon
$296,000
Estimated Property Value
$186,913Estimated Mortgage Balance
$109,087Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,776 /month
Positive
Cash Flow Estimate:
$592 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$452/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,940
$285,390
2025
N/A
N/A
$285,390
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,940
$285,390

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$213,465
Yes
First
Jan 10, 2020
Feb 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$186,913
$109,087
36%
63%
$1,280/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$1,280/mo
+$1,370/mo
10.7%

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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1249 Essex Drive | Property Details | No Agent List