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$288,000

NAL Estimated Property Value

1321 Meadow Street, DeSoto, TX, 75115

$374,400 ARVInfo
SoldInfo
8/03/26
Beds4 Beds
Baths2 Bath
Baths2,940 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$85.03 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Heating GasHeating Gas
CoolingCooling
AppliancesOther

Exterior

Lot Size1.26 acres

Building Information

Year Built1957
Stories1
Roof Type105

Land Information

APN65112939520060000
SubdivisionJames Porter Abst 1129 Pg 395
Land UseResidential
Legal DescriptionJAMES PORTER ABST 1129 PG 395 BLK B TR 6 ACS 1.26 S-1-A VOL2002060/3985 DD03202002 CO-DC 1129395200600 22011293952
Census Tract016621
Assessed Land Value$82,330
Assessed Improvement Value$29,030
Assessment Year2025

About this property

Investor special on 1.26 acres in DeSoto with two homes on one property each with its own address! The main house offers approx. 2,051 sq ft, 1 bed 1 bath potential to add more, and the detached guest house offers approx. 1,469 sq ft 3 bed, 1 bath. Both properties require a full renovation and are being sold as-is, making this a great opportunity for investors or buyers looking to create value. Property includes barn and storage structures, shed, and patio areas. SOLD AS IS Strong after-repair value potential with options for rental income or multi generational living. Rare acreage plus dual living setup in a prime DeSoto location. Older survey is available buyer will be responsible for obtaining a new survey at their own expense if needed.

Investor Tools

Property Icon
$288,000
Estimated Property Value
$0Estimated Mortgage Balance
$288,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$374,400
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,728 /month
Positive
Cash Flow Estimate:
$576 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$161/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$489
$111,360
2025
$82,330
$29,030
$111,360
No

Tax History

Year
Tax Paid
Assessed Value
2025
$489
$111,360

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$288,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
N/A
+$2,650/mo
11.0%

Learn About the Market: Opportunity in Texas

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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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1321 Meadow Street | Property Details | No Agent List