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$499,999

1416 Dreda Cir, DeSoto, TX, 75115

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,308 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.15 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave

Exterior

Private PoolPrivate Pool
Lot Size23,228 sqft

Building Information

Year Built1980
Stories1
Roof Type105
Garage Spaces4

Land Information

APN20068700030130000
Lot Number13
SubdivisionMeadowbrook
Land UseResidential
Legal DescriptionMEADOWBROOK ESTATES 3RD INST BLK 3 LT 13 INT201900100264 DD04192019 CO-DC 0687000301300 4CS06870003
Census Tract016617
Assessed Land Value$84,000
Assessed Improvement Value$354,780
Assessment Year2025

About this property

A Texas dream home 4-bedroom, 3-bath offering just over 3,000 sqft of thoughtfully designed living space. Situated on more than half an acre with convenient access to multiple major highways, this property delivers both privacy and effortless commuting. Upon entry, soaring vaulted ceilings and strategically placed skylights create a bright, open atmosphere filled with natural light. The expansive living room serves as the heart of the home, showcasing vaulted ceiling with beautiful fireplace while also connecting to the primary suite for a refined, cohesive design. The chef-inspired kitchen features a large quartz island with generous prep space, extensive cabinetry for storage, a window overlooking the driveway, with views to both the living room and sunroom. The charming breakfast area is highlighted by a vaulted round ceiling, adding architectural character and an intimate dining experience. A formal dining room offers flexibility and can be used as study. The sunroom is a true showpiece surrounded by tall, oversized windows and additional ceiling skylights, providing panoramic views of the backyard and pool while bathing the space in natural light throughout the day. The split-bedroom layout enhances privacy for 4th bedroom positioned on the opposite side of the home, making it ideal as a guest suite, third living area, media room, or game room. The primary suite is designed as a retreat, complete with its own fireplace and a spa-like bathroom w dual quartz vanities, updated walk-in shower, freestanding soaking tub, and oversized walk-in closet. Step outside to an impressive backyard oasis. The patio creates the perfect setting for relaxing mornings or evening overlooking the pool. The expansive driveway provides room to customize to your lifestyle, and includes a storage shed for added convenience. 3-car J-swing garage, additional covered parking, Extra uncovered parking spaces, Dedicated storage room, Ideal setup for RVs, boats, trailers, or multiple vehicles.

Investor Tools

Property Icon
$495,000
Estimated Property Value
$322,619Estimated Mortgage Balance
$204,336Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$740/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$438,780
2025
$84,000
$354,780
$438,780
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$438,780

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Va
$322,619
Yes
First
Mar 6, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$290,664
$204,336
41%
59%
$1,935/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$1,935/mo
+$95/mo
4.9%

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.

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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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1416 Dreda Cir | Property Details | No Agent List