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$361,000

NAL Estimated Property Value

409 Bob White Street, DeSoto, TX, 75115

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,789 Sq Ft
price_per_sqft$98.6 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Refrigerator
FlooringCarpet, Laminate, Vinyl

Exterior

Lot Size11,167 sqft

Building Information

Year Built1963
Stories1
Roof Type105
Garage Spaces2

Land Information

APN20079500010020000
Lot Number2
SubdivisionL H Owens
Land UseResidential
Legal DescriptionL H OWENS BLK A LT 2 INT202000194887 DD07242020 CO-DC 0795000100200 4CS07950001
Census Tract016620
Assessed Land Value$50,000
Assessed Improvement Value$282,090
Assessment Year2025

About this property

Gorgeous, MODERN touches with UPTOWN charm. Tucked away this jewel has to been seen to be appreciated. Stainless steel appliances. Upgraded lighting and fans throughout. REMODELED with low maintenance flooring and warm lighting. The mood of a true ARTIST is captured. Barn doors, a Stepdown master retreat with a multipurpose room, oversized walk-in closets, french doors leading to the backyard and a spa shower massages the stresses of LIFE away. Soak in the garden tub, read around the fireplace, entertain at the bar, challenge your guests to a game in the yard or prepare for another busy day in the office.

Investor Tools

Property Icon
$361,000
Estimated Property Value
$239,404Estimated Mortgage Balance
$121,596Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,166 /month
Positive
Cash Flow Estimate:
$722 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$719/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,821
$332,090
2025
$50,000
$282,090
$332,090
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,821
$332,090

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Certainty Home Loans Llc
Fha
$270,019
Yes
First
Jul 24, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,404
$121,596
33%
66%
$1,619/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$1,619/mo
+$1,031/mo
8.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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409 Bob White Street | Property Details | No Agent List