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$337,940

NAL Estimated Property Value

205 Meadowcreek Drive, DeSoto, TX, 75115

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,676 Sq Ft
price_per_sqft$158.11 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCeramic Tile, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage
Lot Size11,200 sqft

Building Information

Year Built1969
Stories1
Roof Type105
Garage Spaces2

Land Information

APN20008500050020000
Lot Number2
SubdivisionBrook Hollow
Land UseResidential
Legal DescriptionBROOK HOLLOW ESTATES 3 BLK 5 LT 2 INT202300018063 DD01272023 CO-DC 0085000500200 4CS00850005
Census Tract016628
Assessed Land Value$50,000
Assessed Improvement Value$287,940
Assessment Year2025

About this property

MULTIPLE OFFERS - ALL OFFERS DUE MONDAY BY NOON. Beautifully well-maintained home in DeSoto! An airy and inviting living room with a gorgeous wood beam that anchors the home with a white fireplace and French doors, leading out to the expansive backyard. The stunning open concept, eat-in kitchen features a large island, stainless steel appliances, granite countertops. Primary suite comes with a relaxing retreat featuring an incredible glass shower, jetted bathtub, dual sinks in the vanity. Who needs to go on vacation when you have this backyard oasis? Complete with a sparkling pool with slide, outdoor kitchen, covered patio, pergola, & tons of lush landscaping! Perfect for entertaining in hot Texas summers!

Investor Tools

Property Icon
$337,940
Estimated Property Value
$284,732Estimated Mortgage Balance
$53,208Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,028 /month
Positive
Cash Flow Estimate:
$676 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$784/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,716
$337,940
2025
$50,000
$287,940
$337,940
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,716
$337,940

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Fha
$294,566
Yes
First
Jan 27, 2023
Feb 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$284,732
$53,208
15%
84%
$1,820/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$1,820/mo
+$210/mo
7.2%

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.

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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 Meadowcreek Drive | Property Details | No Agent List