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$378,630

NAL Estimated Property Value

228 Alverstone Street, DeSoto, TX, 75115

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,514 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$111.37 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size5,753 sqft

Building Information

Year Built2012
Stories1
Roof Type105
Garage Spaces2

Land Information

APN200998400A0270000
Lot Number27
SubdivisionSummit Parks
Land UseResidential
Legal DescriptionSUMMIT PARKS PH 1 BLK A LT 27 INT202000235805 DD08312020 CO-DC 0998400A02700 4CS0998400A
Census Tract016618
Assessed Land Value$90,000
Assessed Improvement Value$288,630
Assessment Year2025

About this property

FABULOUS 3Bed 2.5Bath 3Liv 2Din 2Gar home featuring Granite Counters in wet area, Stainless Steele Appliances, Recessed Lighting, Ceramic Tile, Granite Breakfast Bar, Fresh Paint, Neutral Carpeting, Burl Wood Cabinets with Molding, Master Bath features a Corner Tub, Separate Shower, with Dual Vanity, GREAT curbside appeal, modest backyard for entertaining all in one of the best blocks of the Summit Parks Subdivision of the City of DeSoto. FHA Welcomed.

Investor Tools

Property Icon
$378,630
Estimated Property Value
$214,004Estimated Mortgage Balance
$164,626Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,272 /month
Positive
Cash Flow Estimate:
$757 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$735/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,922
$378,630
2025
$90,000
$288,630
$378,630
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,922
$378,630

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Conventional
$240,879
No
First
Aug 31, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$214,004
$164,626
43%
57%
$1,445/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$1,995/mo
+$35/mo
6.4%

City: DeSoto

228 Alverstone Street | Property Details | No Agent List