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$589,999

1860 Masters Dr, DeSoto, TX, 75115

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,196 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$184.61 / sqft
Year BuiltBuilt in 2007

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
AppliancesRefrigerator, Built-In Refrigerator, Disposal, Gas Range, Double Oven
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesBuilt-in Barbecue
Lot Size5,890 sqft

Building Information

Year Built2007
Stories1
Roof Type105
Garage Spaces2

Land Information

APN201038100A0480000
Lot Number48
SubdivisionTownhomes Of Thorntree
Land UseResidential
Legal DescriptionTOWNHOMES OF THORNTREE PH 3 BLK A LOT 48 INT201500053875 DD02172015 CO-DC 1038100A04800 4CS1038100A
Census Tract016638
Assessed Land Value$135,000
Assessed Improvement Value$379,960
Assessment Year2025

About this property

Are you a golfer? Imagine walking up to Thorntree golf course in your backyard located in the gated community of Enclave at Thorntree . This traditional home features a primary bedroom including an ensuite with french doors leading to the outdoor pool overlooking the course. Every cooks dream, a kitchen with a Wolf gas range, a custom side by side stainless steal refrigerator tons of storage and counter space with two sinks. With a slit floor flan all remaining bedrooms upstairs include their own bathroom. Home also features office and media room perfect for those family movie nights. Come see for your self and make an offer!

Investor Tools

Property Icon
$584,000
Estimated Property Value
$559,550Estimated Mortgage Balance
$31,803Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,540 /month
Positive
Cash Flow Estimate:
$1,180 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,194/month
$416/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,408
$514,960
2025
$135,000
$379,960
$514,960
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,408
$514,960

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Premier Mortgage Resources Llc
Conventional
$559,550
No
First
Aug 29, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$552,197
$31,803
5%
95%
$3,355/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$3,771/mo
$-1,121/mo
5.4%

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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