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$355,000

1516 Kinglet St, DeSoto, TX, 75115

PendingInfo
Beds4 Beds
Baths3 Bath
Baths2,618 Sq Ft
price_per_sqft$135.6 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range

Exterior

Lot Size6,496 sqft

Building Information

Year Built2020
Stories2
Roof Type105
Garage Spaces2

Land Information

APN200390500A0310000
Lot Number31
SubdivisionHampton Meadows Ph 2b
Land UseResidential
Legal DescriptionHAMPTON MEADOWS PH 2B BLK A LT 31 ACS 0.1941 INT202500118786 DD06032025 CO-DC 0390500A03100 4CS0390500A
Census Tract016621
Assessed Land Value$65,000
Assessed Improvement Value$328,600
Assessment Year2025

About this property

Built in 2020 and recently remodeled, this move-in ready home offers modern comfort with thoughtful updates throughout. Fresh interior paint, new flooring, new carpet, and a fully remodeled hall bathroom give the home a clean, upscale feel. The desirable split-bedroom floor plan provides privacy for the primary suite while maximizing functionality for everyday living. All four bedrooms feature walk-in closets, offering exceptional storage space rarely found in similar homes. The kitchen includes several new appliances and opens to the main living areas, creating an ideal setting for both daily living and entertaining. As an added bonus, the refrigerator can convey with an approved offer. Don’t miss this opportunity to own a well-maintained, recently updated home with modern finishes and generous storage throughout.

Investor Tools

$0Estimated Mortgage Balance
$393,600Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,362 /month
Positive
Cash Flow Estimate:
$787 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$788/month
$220/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,485
$393,600
2025
$65,000
$328,600
$393,600
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,485
$393,600

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$393,600
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$220/mo
+$2,430/mo
8.1%

City: DeSoto

1516 Kinglet St | Property Details | No Agent List