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$275,000

NAL Estimated Property Value

1605 Masters Dr, DeSoto, TX, 75115

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,562 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$188.86 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesBalcony, Rain Gutters, Private Yard
Lot Size2,100 sqft

Building Information

Year Built1998
Stories2
Roof Type105
Garage Spaces2

Land Information

APN201037900A0030000
Lot Number3
SubdivisionTownhomes Of Thorntree
Land UseResidential
Legal DescriptionTOWNHOMES OF THORNTREE 1 BLK A LT 3 INT202400152045 DD07252024 CO-DC 1037900A00300 4CS1037900A
Census Tract016638
Assessed Land Value$126,000
Assessed Improvement Value$149,000
Assessment Year2025

About this property

Experience luxurious living in this stunning townhome nestled on and overlooking the prestigious Thorntree Golf Club in DeSoto, TX. This exquisite 2-bedroom, 2.5-bathroom townhome is a golfer's dream, offering breathtaking views of the lush fairways. The spacious master suite features a lavish en-suite bathroom and a generous walk-in closet, providing ample storage. The modern kitchen flows seamlessly into the elegant living area, perfect for entertaining. Enjoy your morning coffee or evening relaxation on the private back porch or balcony, both overlooking the picturesque golf course. With its prime location and sophisticated design, this townhome offers an unparalleled lifestyle of comfort and serenity.

Investor Tools

Property Icon
$275,000
Estimated Property Value
$271,601Estimated Mortgage Balance
$3,399Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$670/month
$390/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,670
$275,000
2025
$126,000
$149,000
$275,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,670
$275,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Fha
$270,019
Yes
First
Jul 25, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$271,601
$3,399
1%
99%
$1,684/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,610/mo
$2,074/mo
$-464/mo
7.0%

City: DeSoto

1605 Masters Dr | Property Details | No Agent List