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$287,700

NAL Estimated Property Value

205 Cindy Way, DeSoto, TX, 75115

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,739 Sq Ft
price_per_sqft$109.83 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave
FlooringCarpet, Laminate, Vinyl

Exterior

Lot Size13,991 sqft

Building Information

Year Built1964
Stories1
Roof Type105
Garage Spaces2

Land Information

APN20073500020030000
Lot Number3
SubdivisionNorth Park
Land UseResidential
Legal DescriptionNORTH PARK BLK 2 LT 3 INT202000067786 DD03062020 CO-DC 0735000200300 4CS07350002
Census Tract016620
Assessed Land Value$50,000
Assessed Improvement Value$237,700
Assessment Year2025

About this property

Gorgeous recently updated 3 bedroom home on an oversized lot. Detached 2 car garage can be used as a game room or workroom. Granite counters and loads of cabinetry in the kitchen are ideal for the preparation of a healthy meal. Ease into the family room and center the conversations and entertainment around the fireplace. Low maintenance floors and recent updates makes this home with so much charm and character move in ready.

Investor Tools

Property Icon
$287,700
Estimated Property Value
$183,935Estimated Mortgage Balance
$103,765Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,726 /month
Positive
Cash Flow Estimate:
$575 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$411/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,490
$287,700
2025
$50,000
$237,700
$287,700
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,490
$287,700

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Va
$203,361
Yes
First
May 18, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$183,935
$103,765
36%
64%
$1,220/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$1,220/mo
+$810/mo
8.5%

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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205 Cindy Way | Property Details | No Agent List