$1,400,000
221 W Parkerville Road, DeSoto, TX, 75115
On Market
Highlights
Interior
Exterior
Lot Size10 acres
Land Information
APN65023466010360300
SubdivisionWilliam Caldwell
Land UseCommercial
Legal DescriptionWILLIAM CALDWELL ABST 234 PG 660 TR 36.3 ACS 10.0000 INT201400041222 DD02142014 CO-DC 0234660103603 5CS02346601
Census Tract016632
Assessed Land Value$1,089,000
Assessment Year2025
About this property
Surrounded by existing single-family neighborhoods and active residential development, the property offers an ideal setting for single family subdivision development or a phased builder project. The site benefits from close proximity to daily retail, schools, and major commuter routes, with convenient access to I-35E, Downtown Dallas, and the greater DFW Metroplex. The seller is flexible and open to selling the entire 10-acre tract, or dividing the acreage to accommodate phased development or multiple builder acquisitions. Survey available.
Investor Tools
$0Estimated Mortgage Balance
$1,089,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,400 /month
Positive
Cash Flow Estimate:
$2,800 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,652/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,373
$1,089,000
2025
$1,089,000
N/A
$1,089,000
No
Tax History
Year
Tax Paid
Assessed Value
2025
$14,373
$1,089,000
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,089,000
100%
0%
$0/mo
