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$398,990

1425 Marlene Pl, DeSoto, TX, 75115

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,682 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.77 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee Owner

Highlights

Interior

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

Exterior

Private PoolPrivate Pool
Lot Size12,122 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces2

Land Information

APN20068700040060000
Lot Number6
SubdivisionMeadowbrook
Land UseResidential
Legal DescriptionMEADOWBROOK ESTATES 3RD INST BLK 4 LT 6 INT201800077349 DD03202018 CO-DC 0687000400600 4CS06870004
Census Tract016617
Assessed Land Value$70,000
Assessed Improvement Value$328,380
Assessment Year2025

About this property

Look no further, you have arrived at your new home. Perfectly located in a quiet and tranquil family friendly urban neighborhood. 4Bed 3Bath 2Dine 2Garage Home located in the Meadowbrook Estates Subdivision of the city of DeSoto. Close to major freeways including I-20, I-35 with easy access to shopping and restaurants. Wooded fenced with OVERSIZED backyard with in-ground pool and in-door hot tub, beautiful mature landscaping and indigenous shrubs and trees perfect for outdoor entertaining. Living area Features Granite Counters in wet areas wood, carpet and Ceramic Flooring, renovated Bathrooms with new fixtures, toilets, mirrors and lighting. Large Master Suite features Vanity, Garden Tub with separate shower and walk-in closet. This is a PERFECT private retreat with easy access to the city.

Investor Tools

Property Icon
$398,380
Estimated Property Value
$308,800Estimated Mortgage Balance
$113,743Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

Interested in this property?

Leron Morris

Norel Solutions Real Estate,

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$753/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,047
$398,380
2025
$70,000
$328,380
$398,380
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,047
$398,380

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$308,800
No
First
Mar 22, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$284,637
$113,743
28%
71%
$1,852/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$1,852/mo
+$798/mo
8.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1425 Marlene Pl | Property Details | No Agent List