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$338,530

NAL Estimated Property Value

328 Rio Grande Drive, DeSoto, TX, 75115

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,253 Sq Ft
price_per_sqft$139.81 / sqft
Year BuiltBuilt in 2002

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, Electric Range, Microwave
FlooringCarpet, Laminate, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size8,514 sqft

Building Information

Year Built2002
Stories1
Roof Type105
Garage Spaces2

Land Information

APN200701600A0170000
Lot Number17
SubdivisionMockingbird Hill Sec Ph 11a
Land UseResidential
Legal DescriptionMOCKINGBIRD HILL SEC 4 PH 11A BLK A LT 17 INT202200313069 DD12092022 CO-DC 0701600A01700 4CS0701600A
Census Tract016621
Assessed Land Value$60,000
Assessed Improvement Value$278,530
Assessment Year2025

About this property

** PRICE IMPROVEMENT ** This beautiful 4 bedroom, 2 bath, 2 car garage home is situated on a wonderful lot with easy access to schools, shopping and freeways. Schedule your tour today to experience all this beauty has to offer! The curb appeal, the functional floorplan and everything in between make this home a great choice. The owner's suite is separate from the remaining 3 bedrooms, laundry and office which could be a study or a 5th bedroom. All bedrooms offer walk-in closets & ceiling fans. This gem is equipped with lots of storage and is very well maintained. It's perfect for entertaining family and friends, virtual learning and or working remotely. The open kitchen has a working island & breakfast bar will make family meals or gatherings that much more special. The kitchen storage space is bananas. Roof replaced 3 years ago. The entire HVAC system replaced 5 years ago. All measurements are approximate. Buyer(s) to verify all info.

Investor Tools

Property Icon
$338,530
Estimated Property Value
$317,268Estimated Mortgage Balance
$21,262Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,031 /month
Positive
Cash Flow Estimate:
$677 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$666/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,303
$338,530
2025
$60,000
$278,530
$338,530
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,303
$338,530

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Valorem Lending Llc
Va
$331,250
Yes
First
Jan 5, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$317,268
$21,262
6%
94%
$1,987/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$1,987/mo
+$663/mo
9.4%

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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328 Rio Grande Drive | Property Details | No Agent List