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$321,430

NAL Estimated Property Value

305 Stony Creek Drive, DeSoto, TX, 75115

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,846 Sq Ft
price_per_sqft$129.96 / sqft
Year BuiltBuilt in 1979

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 Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker
FlooringCeramic Tile, Laminate

Exterior

Lot Size9,952 sqft

Building Information

Year Built1979
Stories1
Roof Type105
Garage Spaces2

Land Information

APN20048500030020000
Lot Number2
SubdivisionHampton Place
Land UseResidential
Legal DescriptionHAMPTON PLACE ESTATES 7TH INST BLK C LOT 2 INT202100126260 DD04272021 CO-DC 0485000300200 4CS04850003
Census Tract016619
Assessed Land Value$70,000
Assessed Improvement Value$251,430
Assessment Year2025

About this property

Multiple offers received. Best and final due on Sunday, March 28th by 8pm. This charming 3 bedroom, well-maintained home could be yours today! Updates include new paint, laminate throughout house, and remodeled bathrooms. The backyard is perfect for entertaining and much more! Friendly neighborhood in the DeSoto School District. Schedule a showing today, this will not last long!

Investor Tools

Property Icon
$321,430
Estimated Property Value
$225,679Estimated Mortgage Balance
$95,751Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,929 /month
Positive
Cash Flow Estimate:
$643 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$597/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,554
$321,430
2025
$70,000
$251,430
$321,430
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,554
$321,430

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$250,000
No
First
Apr 27, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$225,679
$95,751
29%
70%
$1,499/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$1,499/mo
+$531/mo
7.6%

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: DeSoto

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305 Stony Creek Drive | Property Details | No Agent List