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$323,000

$335,000

1442 Marlene Pl, DeSoto, TX, 75115

On MarketInfo
Just AddedInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths2,600 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$124.23 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

BankruptcyAuctionPre-ForeclosureAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

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

Exterior

Exterior FeaturesPrivate Entrance, Private Yard
Lot Size11,247 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces2

Land Information

APN20068700030260000
Lot Number26
SubdivisionMeadowbrook
Land UseResidential
Legal DescriptionMEADOWBROOK ESTATES 3RD INST BLK 3 LOT 26 INT202100216189 DD07192021 CO-DC 0687000302600 4CS06870003
Census Tract016617
Assessed Land Value$70,000
Assessed Improvement Value$268,210
Assessment Year2025

About this property

$12k seller credit at $335k price. EASY Turnkey Flip, CASH & Conventional preferred, FHA or VA MAYBE if buyer works with seller on any required repairs via the lender (agent has contractors to help). Desired 75115 zip code in Desoto, Hot growth location. Opportunity to Renovate for profit. Keep as Rental property, capabilities to Build out & Hold for the future. NO HOA, NO MUD, NO PID. After Renovation Value (ARV) 450k~ increase possible return by adding Square footage for possible ARV. Monthly rents in area range from 2,500-2,900~ a monthly. Long Spacious fully bricked home large areas throughout, all beds have room for sitting or large furniture w.Walk-in closets throughout. 2024 Water heater, Fully Handicap Accessible, smart thermostat. All rooms away from each other. 1 front flexible room, 1 living w. Gas & wood burning fireplace, Kitchen is long opening up to dining, Closed door laundry room, Large backyard Covered Cabana w.patio, Sizable wraparound 2 car Garage Faces Rear offering side parking for lots of cars, Park your RV or work truck. Neighbors are a good distance away. Large backyard Covered Cabana w.patio. Quick drive to ALL HIGHWAYS-parks & trails- Hospital- Police station- Joe pool lake-Starbucks-Mall- Perfect location to reach every city in the metroplex within 35mins or less!

Investor Tools

Property Icon
$366,000
Estimated Property Value
$304,385Estimated Mortgage Balance
$37,410Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,196 /month
Positive
Cash Flow Estimate:
$732 /month

Interested in this property?

Brittany Realzola

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$841/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,267
$338,210
2025
$70,000
$268,210
$338,210
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,267
$338,210

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Summit Funding Inc
Fha
$304,385
Yes
First
Jul 19, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$328,590
$37,410
10%
90%
$2,150/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$2,150/mo
+$500/mo
8.7%

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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1442 Marlene Pl | Property Details | No Agent List