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$402,000

NAL Estimated Property Value

1713 Masters Dr, DeSoto, TX, 75115

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,045 Sq Ft
price_per_sqft$131.54 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Dishwasher, Disposal, Dryer, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Washer, Tankless Water Heater
FlooringCeramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size5,100 sqft

Building Information

Year Built1999
Stories1
Roof Type105
Garage Spaces2

Land Information

APN201037900A0240000
Lot Number24
SubdivisionTownhomes Of Thorntree
Land UseResidential
Legal DescriptionTOWNHOMES OF THORNTREE 1 BLK A LT 24 INT202000068384 DD03062020 CO-DC 1037900A02400 4CS1037900A
Census Tract016638
Assessed Land Value$135,000
Assessed Improvement Value$243,780
Assessment Year2025

About this property

The Enclave at Thorntree is the setting for this custom home overlooking the 15th Fairway. Spacious and spotless this open floor concept home allows for beautiful views of the golf course from the kitchen to the living room. Gas fireplace, built-in bookcases, surround sound in living room and the 10' ceilings accented with crown molding are just a few of the distinguishing features. The master retreat with adjoining large master bath is restful and welcoming. Kitchen boast hand painted kitchen tiles, granite counters, Jenn Air gas cooktop, Bosch dishwasher and Kitchen Aide convection oven and microwave. Beautiful and well maintained, this home offers elegance and beauty at an affordable price.

Investor Tools

Property Icon
$402,000
Estimated Property Value
$189,227Estimated Mortgage Balance
$212,773Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,412 /month
Positive
Cash Flow Estimate:
$804 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$867/month
$360/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,391
$378,780
2025
$135,000
$243,780
$378,780
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,391
$378,780

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Conventional
$215,200
No
First
Mar 6, 2020
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$189,227
$212,773
52%
47%
$1,291/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$1,651/mo
+$379/mo
6.1%

Learn About the Market: Opportunity in Texas

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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.

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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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1713 Masters Dr | Property Details | No Agent List