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B+
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$629,000

1834 Masters Dr, DeSoto, TX, 75115

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,667 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$171.53 / sqft
Year BuiltBuilt in 2005

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, Microwave, Convection Oven, Wine Cooler
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit, Gas Grill, Rain Gutters, Lighting, Outdoor Grill
Lot Size10,589 sqft

Building Information

Year Built2005
Stories2
Roof Type105
Garage Spaces2

Land Information

APN201038100F0020000
Lot Number2
SubdivisionTownhomes Of Thorntree
Land UseResidential
Legal DescriptionTOWNHOMES OF THORNTREE PH 3 BLK F LT 2 INT202300045953 DD03082023 CO-DC 1038100F00200 4CS1038100F
Census Tract016638
Assessed Land Value$90,000
Assessed Improvement Value$507,990
Assessment Year2025

About this property

Welcome to a custom, one-owner Jim Johnson home in a gated, and tight-knit community! Enter the home to find an office area complete with built-in bookshelves, & then move through the open floor plan where floor-to-ceiling windows provide plenty of reasons to save on your electric bill. The incredible kitchen- remodeled in 2021- includes white cabinets and quartz countertops plus two sinks, new appliances, & so much counter space that hosting family and friends will be the highlight of their social calendars. Retreat to the primary suite which also includes numerous upgrades- floors that stretch into the walk-in closet, oversized vanity area, & free-standing tub to name a few. Head upstairs for the three additional bedrooms & two full bathrooms. Now that it’s football season, choose between the oversized media room or the patio where you can cheer on your team, swim in the pool, or watch the golfers on the 14th green. This house is perfect for entertaining or a quiet, relaxing day!

Investor Tools

Property Icon
$597,990
Estimated Property Value
$620,000Estimated Mortgage Balance
$14,115Estimated Equity
-4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,774 /month
Positive
Cash Flow Estimate:
$1,258 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,331/month
$375/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,981
$597,990
2025
$90,000
$507,990
$597,990
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,981
$597,990

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Va
$620,000
Yes
First
Mar 8, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$583,875
$14,115
2%
98%
$3,718/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$4,093/mo
$-1,443/mo
5.3%

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.

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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