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$407,000

NAL Estimated Property Value

3001 Destin Drive, Denton, TX, 76205

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,022 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185.46 / sqft
Year BuiltBuilt in 1986

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
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size6,416 sqft

Building Information

Year Built1986
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR86625
Lot Number5
SubdivisionSouthmont Place
Land UseResidential
Legal DescriptionSOUTHMONT PLACE BLK 4 LOT 5
Census Tract021304
Assessed Land Value$112,350
Assessed Improvement Value$266,251
Assessment Year2025

About this property

Charming 3.2.2. Open floorplan home in highly desirable Southmont, on a quiet cul-de-sac, with side entry garage. HOA Community pool and tennis courts. Large open living, dining and kitchen. Stunning wood cathedral beamed ceiling and gas log fireplace. Large amount of granite countertops and custom cabinetry throughout dining, kitchen and utility rooms. Great for entertaining. French doors to covered back patio. Utility room with built-in desk, extra storage space, and room for a small freezer or wine cooler. Large linen closet in bedroom hallway. Ceiling fans throughout. Covered front and back porches. Great one of a kind neighborhood in prestigious secluded Southmont. HOA dues cover fiscal year August 1 thru July 31, for the common area only, which includes pool, tennis court, cabana area, and surrounding lawn areas, and utilities and insurance for the these areas. All information, including HOA Information, to be verified by Buyer and Buyer's Agent.

Investor Tools

Property Icon
$407,000
Estimated Property Value
$280,266Estimated Mortgage Balance
$126,734Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,442 /month
Positive
Cash Flow Estimate:
$814 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$689/month
$900/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,236
$378,601
2025
$112,350
$266,251
$378,601
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,236
$378,601

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Financial Services Llc
Conventional
$303,500
No
First
Apr 27, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$280,266
$126,734
31%
69%
$1,820/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,720/mo
$-748/mo
5.8%

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.

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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: Denton

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3001 Destin Drive | Property Details | No Agent List