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$392,860

NAL Estimated Property Value

2924 Desert Dr, Denton, TX, 76210

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,569 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$136.24 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator
FlooringCarpet, Tile

Exterior

Lot Size7,558 sqft

Building Information

Year Built2006
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR275233
Lot Number42
SubdivisionWheeler Ridge Ph Three
Land UseResidential
Legal DescriptionWHEELER RIDGE PH THREE BLK V LOT 42
Census Tract021416
Assessed Land Value$94,450
Assessed Improvement Value$298,410
Assessment Year2025

About this property

Welcome to 2924 Desert Drive! Spacious 4 bedroom, 2.5 bath home in sought-after Wheeler Ridge and zoned to Guyer High. Versatile floor plan showcases multiple living areas and large bedrooms for flexible living. The inviting living room opens to a bright and roomy eat-in kitchen featuring all stainless steel appliances, ample counter space and a large pantry. First floor primary suite includes an ensuite bath with separate shower and tub, dual sinks and a walk-in closet. Upstairs you’ll find three additional bedrooms plus a large bonus room. Recent updates include a brand new HVAC system (October 2025) with separate upstairs and downstairs thermostats for comfort and efficiency. Enjoy outdoor living in the large backyard or take advantage of community amenities including a pool, parks, pond, sport courts, walking and biking trails. Conveniently located near shopping and dining just up Teasley Lane with easy access to I-35 and 2499.

Investor Tools

Property Icon
$392,860
Estimated Property Value
$358,399Estimated Mortgage Balance
$34,461Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,357 /month
Positive
Cash Flow Estimate:
$786 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$764/month
$125/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,200
$392,860
2025
$94,450
$298,410
$392,860
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,200
$392,860

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Neighborhood Loans
Va
$361,550
Yes
First
Nov 25, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$358,399
$34,461
8%
91%
$2,168/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,120/mo
$2,293/mo
+$827/mo
9.5%

City: Denton

2924 Desert Dr | Property Details | No Agent List