Last 24 Hours
$920,000
NAL Estimated Property Value1624 Falcon Drive, DeSoto, TX, 75115
Off Market
Commercial
— Beds
— Bath
10,150 Sq Ft
Office
$86.21 / sqft
Built in 2004Highlights
Interior
Bedrooms —
Bathrooms —
Heating Central
CoolingFlooringCarpet, Laminate
Exterior
Lot Size1.80 acres
Building Information
Year Built2004
Stories1
Land Information
APN20031400020050000
SubdivisionEagle Industrial Park Sec Rep
Land UseCommercial
Legal DescriptionEAGLE INDUSTRIAL PARK SEC 1 REP BLK 2 TR 5 ACS 1.7997 INT202100223143 DD07262021 CO-DC 0314000200500 5CS03140002
Census Tract016634
Assessed Land Value$195,990
Assessed Improvement Value$724,010
Assessment Year2025
About this property
BACK ON MARKET - BUYER BACKED OUT... Great location, well-maintained, ample parking and land for growth. Over 10000 sq ft presently used as a school - school and all equipment may be purchased as well. Could also be used as office. Full fire sprinkler system, Handicapped accessible, newer roof, Trane HVACs, irrigation system, security system and cameras, commercial kitchen, etc. A great property!
Investor Tools
$920,000
Estimated Property Value
$0Estimated Mortgage Balance
$920,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,520 /month
Positive
Cash Flow Estimate:
$1,840 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$383/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$920,000
2025
$195,990
$724,010
$920,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
N/A
$920,000
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$920,000
100%
0%
$0/mo
12.4%