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B+
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Days1292Days on Market
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$339,500

$2,300

1340 Grand Teton Dr, DeSoto, TX, 75115

On MarketInfo
Price DropInfo
Beds3 Beds
Baths3 Bath
Baths2,349 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$144.53 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringVinyl

Exterior

Lot Size13,753 sqft

Building Information

Year Built1982
Stories1
Roof Type105
Garage Spaces2

Land Information

APN20069100210100000
Lot Number10
SubdivisionMeadowbrook
Land UseResidential
Legal DescriptionMEADOWBROOK ESTATES 4TH INST BLK 21 LOT 10 INST200503523549 DD09232005 CO-DC 0691002101000 4CS06910021
Census Tract016617
Assessed Land Value$70,000
Assessed Improvement Value$270,840
Assessment Year2025

About this property

Step into a home that offers space, character, and thoughtful design in every detail. Fully updated and move-in ready, this beautiful 3 bed 2.5 bath home features a brand-new roof and stylish granite countertops in the kitchen and all bathrooms. The kitchen has been refreshed with new appliances, including a smooth surface cooktop built in microwave and dishwasher. This single story home features a versatile layout with two spacious living areas and two dining areas, perfect for both everyday living and entertaining. Warm wood flooring flows throughout the entire home with no carpet, creating a clean and timeless look. The inviting den and main living area are connected by a striking double sided fireplace that adds charm and ambiance to both spaces. Custom built ins enhance the breakfast nook and living area, offering style and practical storage. The kitchen and dining spaces are ideal for gathering, while the nearby wet bar with classic saloon doors just off the den creates a fun and functional entertaining hub. The primary suite is a private retreat featuring a LED mirror with lights and a separate stand alone soaking tub designed for relaxation. Two secondary bedrooms are thoughtfully connected by a Jack and Jill bath, providing convenience and privacy. Outside, enjoy a huge backyard with a generous storage building, all enclosed by a wooded privacy fence. The established neighborhood is lined with mature trees, giving a sense of tranquility and curb appeal. Additional highlights include a two car garage with an extra rear pad perfect for boat or RV parking, plus the efficiency and comfort of two HVAC systems. Outdoors, you will find a large covered patio complete with a ceiling fan, ideal for enjoying warm evenings. This home combines space, personality, and everyday functionality in a setting you will love to call home.

Investor Tools

Property Icon
$354,000
Estimated Property Value
$207,700Estimated Mortgage Balance
$163,973Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,124 /month
Positive
Cash Flow Estimate:
$708 /month

Interested in this property?

Lionel Austin

Ashton Realty Inc.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$842/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,331
$340,840
2025
$70,000
$270,840
$340,840
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,331
$340,840

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nationstar Mortgage Llc
Conventional
$207,700
No
First
Dec 22, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$190,027
$163,973
46%
54%
$1,246/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$1,246/mo
+$784/mo
6.9%

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.

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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1340 Grand Teton Dr | Property Details | No Agent List