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$289,420

NAL Estimated Property Value

400 Rickey Canyon Ave, DeSoto, TX, 75115

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,711 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$175.28 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Gas Range, Microwave
FlooringCarpet, Concrete, Tile, Vinyl

Exterior

Lot Size9,480 sqft

Building Information

Year Built1972
Stories1
Roof Type105
Garage Spaces2

Land Information

APN20004500030050000
Lot Number5
SubdivisionBennett Northeast
Land UseResidential
Legal DescriptionBENNETT NORTHEAST BLK C LOT 5 INT202300134090 DD05092023 CO-DC 0045000300500 4CS00450003
Census Tract016620
Assessed Land Value$50,000
Assessed Improvement Value$239,420
Assessment Year2025

About this property

YES! This charming updated ranch style brick home nestled on a gorgeous treed corner lot is move in ready! Open floor plan! Fantastic living with large brick wall gas starter fireplace with beamed mantel and beamed ceiling and built in bookcases. Kitchen has great updated cabinetry, granite counters with round breakfast bar, glass tile backsplash, under cabinet lighting, stained concrete floors and pantry. Master suite with updated tile shower, fresh vanity and walk in closet. 2 bedrooms with jack and jill bath and closet systems. Covered patio two car side entry garage. This is HOME SWEET HOME!

Investor Tools

Property Icon
$289,420
Estimated Property Value
$270,409Estimated Mortgage Balance
$19,011Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,799 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$557/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,234
$289,420
2025
$50,000
$239,420
$289,420
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,234
$289,420

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The American National Bank Of Texas
Conventional
$286,150
No
First
May 9, 2023
Jun 2063

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$270,409
$19,011
6%
93%
$1,716/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$1,716/mo
+$314/mo
8.4%

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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400 Rickey Canyon Ave | Property Details | No Agent List