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$168,760

400 E Pleasant Run Rd, DeSoto, TX, 75115

Off MarketInfo
CommercialInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size37,501 sqft

Land Information

APN200986200A0010000
Lot Number1
SubdivisionSouth Meadows Office Park
Land UseCommercial
Legal DescriptionSOUTH MEADOWS OFFICE PARK NO 3 BLK A LT 1 ACS 0.8609 INT202400012952 DD01172024 CO-DC 0986200A00100 5CS0986200A
Census Tract016620
Assessed Land Value$168,760
Assessment Year2025

About this property

Excellent opportunity to acquire a commercial zoned corner lot in the heart of thriving DeSoto that is 0.86 acres! Located on one of DeSoto's major thoroughfares, the lot is a short distance from medical and professional offices, a community park, and surrounded by a single-family neighborhood. It is located blocks from the DeSoto Town Center, grocery stores, restaurants, retail establishments, multi-family communities, and other commerce. The land was going to be used to build a church but, with Planned Development zoning, a variety of building options are available. If you had vision for a new church, storefront, or office expansion in 2025, this could be the property for you!

Investor Tools

Property Icon
$168,760
Estimated Property Value
$306,000Estimated Mortgage Balance
$0Estimated Equity
-81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,200 /month
Positive
Cash Flow Estimate:
$400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$356/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,425
$168,760
2025
$168,760
N/A
$168,760
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,425
$168,760

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Mezzanine Fund Inc
Commercial
$306,000
No
First
Nov 18, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$303,333
N/A
0%
180%
$1,835/mo

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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400 E Pleasant Run Rd | Property Details | No Agent List