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$239,000

NAL Estimated Property Value

455 Chestnut Ln, DeSoto, TX, 75115

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,620 Sq Ft
price_per_sqft$141.91 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Range, Gas Range, Microwave, Refrigerator
FlooringCarpet, Laminate, Tile

Exterior

Lot Size4,163 sqft

Building Information

Year Built1986
Stories1
Roof Type105
Garage Spaces1

Land Information

APN200795500D0050100
Lot Number5
SubdivisionPark Place
Land UseResidential
Legal DescriptionPARK PLACE PH 1 BLK D NW PT LT 5 ACS 0.0955 1/2 DUPLEX INT202500122305 DD10162024 CO-DC 0795500D00501 4CS0795500D
Census Tract016623
Assessed Land Value$30,000
Assessed Improvement Value$165,730
Assessment Year2025

About this property

Introducing an unrivaled half duplex completely renovated. This stunning one-story half duplex perfectly blends luxury living with modern functionality spans over 1,600 square feet. This open floor plan offers 4 bedrooms, 2 bathrooms, modern kitchen, oversized primary suite and bathroom. Spacious living and dining area perfect for everyday living and entertaining. Kitchen feature stainless steel microwave, refrigerator and dishwasher. Clean architectural lines, LED lighting throughout, new roof. Must see home at an affordable price.

Investor Tools

Property Icon
$239,000
Estimated Property Value
$241,966Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,434 /month
Positive
Cash Flow Estimate:
$478 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$472/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,469
$195,730
2025
$30,000
$165,730
$195,730
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,469
$195,730

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Portfolio Mortgage Corp
Fha
$236,634
Yes
First
Dec 19, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$241,966
N/A
0%
101%
$1,462/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$1,462/mo
+$568/mo
10.2%

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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