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$637,000

NAL Estimated Property Value

1731 Richlen Way, DeSoto, TX, 75115

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,193 Sq Ft
price_per_sqft$164.42 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Gas Cooktop, Microwave, Plumbed For Ice Maker
FlooringCeramic Tile, Laminate

Exterior

Private PoolPrivate Pool
Lot Size14,500 sqft

Building Information

Year Built1993
Stories2
Roof Type110
Garage Spaces2

Land Information

APN20103770030100000
Lot Number10
SubdivisionThorntree Ph Rep
Land UseResidential
Legal DescriptionTHORNTREE PH 3 REP BLK 3 LOT 10 INT202200225404 DD08172022 CO-DC 1037700301000 4CS10377003
Census Tract016638
Assessed Land Value$112,500
Assessed Improvement Value$387,520
Assessment Year2025

About this property

Custom Built home Located right on the 9th tee of Thorntree Golf Club in Thorntree Estates. A must-see home with high ceilings, expansive windows, and bamboo hardwood flooring throughout. Large walk-in closets in all bedrooms. Kitchen boasts custom cabinets, granite countertops, and GE Profile appliances, including a built-in refrigerator. Smart home features include thermostats, smoke alarms, and Irrigation. Cozy up by one of 2 fireplaces in winter months or cool off in the pool in summer. Enjoy sunsets on the upstairs balcony, overlooking the golf course. Costco, Target, Best Buy and Home Depot all within 3 miles. Close to Cedar Hill State Park and the Roy Orr Trail which joggers and bikers will both enjoy.

Investor Tools

Property Icon
$637,000
Estimated Property Value
$574,382Estimated Mortgage Balance
$62,618Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,822 /month
Positive
Cash Flow Estimate:
$1,274 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,502/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,833
$500,020
2025
$112,500
$387,520
$500,020
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,833
$500,020

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thrive Mortgage Llc
Conventional
$617,500
No
First
Aug 17, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$574,382
$62,618
9%
90%
$3,703/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$4,453/mo
$-1,803/mo
5.0%

City: DeSoto

1731 Richlen Way | Property Details | No Agent List