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$169,500

208 Lanett Circle, DeSoto, TX, 75115

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,349 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$125.65 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListHigh EquityCash BuyersVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size12,114 sqft

Building Information

Year Built1965
Stories1
Roof Type105
Garage Spaces2

Land Information

APN20105500020080000
Lot Number8
SubdivisionValley View
Land UseResidential
Legal DescriptionVALLEY VIEW ESTATES BLK 2 PT LT 8 43.91X108.41X162.70X142.91 INT201900118176 DD04252019 CO-DC 1055000200800 4CS10550002
Census Tract016618
Assessed Land Value$65,000
Assessed Improvement Value$146,370
Assessment Year2025

About this property

Beautiful, well maintained, 3 bedroom 2 bath with 2 car garage on a very quite cul de sac. This home is immaculate and move in ready. Convenient location to dining and shopping. Plus easy commute to anywhere in the Metroplex. The home features a formal dining room, large, open living with french doors overlooking the patio. The eat in Kitchen has lots of cabinets and counter space and connects to the garage. The master bedroom has an on-suite bath, the secondary bedrooms both have large closets plus extra closet space in the hall. The guest bath has builtin linen storage as well. Outside enjoy a large yard and a storage building on the side of the home. This home truly has it all.

Investor Tools

Property Icon
$249,000
Estimated Property Value
$0Estimated Mortgage Balance
$249,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,494 /month
Positive
Cash Flow Estimate:
$498 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$504/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,802
$211,370
2025
$65,000
$146,370
$211,370
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,802
$211,370

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$249,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
N/A
+$2,030/mo
9.8%

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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208 Lanett Circle | Property Details | No Agent List