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$588,000

1727 Richlen Way, DeSoto, TX, 75115

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,763 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$143.24 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Electric Range, Microwave, Gas Water Heater
FlooringWood

Exterior

Exterior FeaturesRain Gutters
Lot Size12,800 sqft

Building Information

Year Built1995
Stories1
Roof Type105
Garage Spaces3

Land Information

APN20103770030090000
Lot Number9
SubdivisionThorntree Ph Rep
Land UseResidential
Legal DescriptionTHORNTREE PH 3 REP BLK 3 LOT 9 INT202200085589 DD03242022 CO-DC 1037700300900 4CS10377003
Census Tract016638
Assessed Land Value$108,750
Assessed Improvement Value$410,780
Assessment Year2025

About this property

*MULTIPLE OFFERS - HIGHEST AND BEST DUE FEB 23RD AT 9AM* Live on the beautiful, plush fairways and greens of Thorntree Country Club in gated Thorntree Estates! You'll love the detail in the arched doorways, updated baths and kitchen, neutral palette and the massive windows with billowing light. Formal living area, informal living area with FP, secondary living area loft upstairs and additional living space upstairs as well. New roof, new windows on the front, new engineered HW flooring in living areas, new carpet in MBR. Kitchen has SS appliances, dual sinks, loads of cabinets, powered island with cooktop, double ovens, updated counters and custom backsplash.

Investor Tools

Property Icon
$588,000
Estimated Property Value
$504,504Estimated Mortgage Balance
$122,973Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,528 /month
Positive
Cash Flow Estimate:
$1,176 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,100/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,264
$519,530
2025
$108,750
$410,780
$519,530
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,264
$519,530

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Credit Union Of Texas
Conventional
$504,504
No
First
Mar 24, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$465,027
$122,973
20%
79%
$3,025/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$3,775/mo
$-1,745/mo
4.1%

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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1727 Richlen Way | Property Details | No Agent List