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$328,000

NAL Estimated Property Value

312 Lakewood Drive, DeSoto, TX, 75115

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,697 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$74.16 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Laminate, Parquet, Wood

Exterior

Exterior FeaturesRain Gutters, Private Yard, Storage
Lot Size12,297 sqft

Building Information

Year Built1965
Stories1
Roof Type105
Garage Spaces2

Land Information

APN20113500060070000
Lot Number7
SubdivisionWoodhaven
Land UseResidential
Legal DescriptionWOODHAVEN BLK 6 LT 7 INT202000128042 DD05012020 CO-DC 1135000600700 4CS11350006
Census Tract016618
Assessed Land Value$80,000
Assessed Improvement Value$229,210
Assessment Year2025

About this property

AS IS - Awesome home sold on large corner lot in quiet neighborhood. This home features 3 separate living areas including formal living area, large living area that is open to the kitchen with vaulted ceilings and beautiful fireplace focal point, separate den would make a great playroom. Lots of storage and built-ins throughout the home. Classic millwork, woodwork including shutters, doors, moldings. Parque floors in formal living and dining. Thick hardwoods in living areas are in good shape. Stainless dishwasher, oven, high-end gas cooktop. 2 separate terraces and a huge backyard with trees. Lots of character with wrought iron stair rail. Home is handicap accessible downstairs. Gas lines replaced in backyard.

Investor Tools

Property Icon
$328,000
Estimated Property Value
$154,344Estimated Mortgage Balance
$173,656Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,968 /month
Positive
Cash Flow Estimate:
$656 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$685/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,583
$309,210
2025
$80,000
$229,210
$309,210
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,583
$309,210

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$174,800
No
First
May 1, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$154,344
$173,656
52%
47%
$1,049/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$1,049/mo
+$1,601/mo
9.7%

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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312 Lakewood Drive | Property Details | No Agent List