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$437,000

501 Magnolia Trl, DeSoto, TX, 75115

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,180 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$116.04 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Microwave, Refrigerator

Exterior

Lot Size7,700 sqft

Building Information

Year Built2001
Stories2
Roof Type105
Garage Spaces1

Land Information

APN200149100C0170000
Lot Number17
SubdivisionCandle Meadow
Land UseResidential
Legal DescriptionCANDLE MEADOW PH 1 BLK C LT 17 INT202100177486 DD06112021 CO-DC 0149100C01700 4CS0149100C
Census Tract016633
Assessed Land Value$80,000
Assessed Improvement Value$321,350
Assessment Year2025

About this property

Welcome to this beautiful home nestled in the heart of DeSoto, TX! Featuring a spacious and well-designed layout, this property offers both comfort and functionality. Enjoy outdoor living under the stunning backyard awning, perfect for relaxing or entertaining guests. A convenient on-site storage shed provides ample space for tools and seasonal items. Inside, you'll find a large media room ideal for cozy movie nights or game day gatherings. Located in a prime area, this home offers easy access to local amenities, schools, and parks. Don’t miss out on this exceptional opportunity!

Investor Tools

Property Icon
$437,000
Estimated Property Value
$353,479Estimated Mortgage Balance
$82,160Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,622 /month
Positive
Cash Flow Estimate:
$874 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$821/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,671
$401,350
2025
$80,000
$321,350
$401,350
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,671
$401,350

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Department Of Housing & Urban Dev
Fha
$353,479
Yes
First
Nov 9, 2023
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$354,840
$82,160
18%
81%
$2,228/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.

Explore Texas Explore This Area
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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501 Magnolia Trl | Property Details | No Agent List