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B+
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$366,000

1408 Frenchmans Dr, DeSoto, TX, 75115

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,095 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$186.11 / sqft
Year BuiltBuilt in 1986

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, Electric Cooktop, Microwave, Double Oven, Vented Exhaust Fan
FlooringHardwood, Tile

Exterior

Lot Size14,077 sqft

Building Information

Year Built1986
Stories1
Roof Type105
Garage Spaces2

Land Information

APN20244000140180000
Lot Number18
SubdivisionWindmill Hill 1st Sec
Land UseResidential
Legal DescriptionWINDMILL HILL 1ST SEC BLK 14 LT 18 VOL99147/5334 DD072399 CO-DALLAS 2440001401800 22024400014
Census Tract016617
Assessed Land Value$70,000
Assessed Improvement Value$281,730
Assessment Year2025

About this property

Located in the established and highly desirable Windmill Hill neighborhood of DeSoto, this well-maintained home offers mature trees, a welcoming community atmosphere, and a location that's hard to beat. Freshly painted throughout, the home is move-in ready with solid bones and plenty of potential for its next owner. Step outside to enjoy a spacious backyard, perfect for relaxing, entertaining, or creating your own outdoor retreat. Rear garage access adds convenience, while the extra-deep 3-car garage provides an incredible amount of storage space for vehicles, tools, hobbies, and more. Windmill Hill is known for its quiet, walkable streets and towering trees that have been growing for decades, giving the neighborhood character that's difficult to find in newer developments. Commuters will appreciate the easy access to I-35E and US-67, making trips to Downtown Dallas simple and convenient. Enjoy being just minutes from Paul S. Dryer Nature Preserve, Thorntree Golf Club, Cedar Hill State Park, shopping, dining, and Costco. Homes with this combination of location, storage, backyard space, and solid construction don't come along often. This one is a no-brainer—schedule your showing today!

Investor Tools

Property Icon
$366,000
Estimated Property Value
$0Estimated Mortgage Balance
$366,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,339 /month
Positive
Cash Flow Estimate:
$780 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$834/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,177
$351,730
2025
$70,000
$281,730
$351,730
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,177
$351,730

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$366,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
N/A
+$2,030/mo
6.7%

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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1408 Frenchmans Dr | Property Details | No Agent List