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$259,580

NAL Estimated Property Value

502 Starling Dr, DeSoto, TX, 75115

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,222 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$204.58 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range
FlooringCarpet, Tile

Exterior

Lot Size5,726 sqft

Building Information

Year Built1993
Stories1
Roof Type105
Garage Spaces2

Land Information

APN20070150080140000
Lot Number14
SubdivisionMockingbird Hill Sec
Land UseResidential
Legal DescriptionMOCKINGBIRD HILL SEC 3 BLK 8 LOT 14 INT202400180443 DD09052024 CO-DC 0701500801400 4CS07015008
Census Tract016621
Assessed Land Value$55,000
Assessed Improvement Value$204,580
Assessment Year2025

About this property

Here's your chance to own an affordable cute starter home! This charming 1-story, SOLID BRICK home features an open concept kitchen-dining-living with gray-taupe WOOD-LOOK TILE, updated lighting & fixtures, trendy ceiling fans and plenty of space for oversized furniture! SOLID SLAB KITCHEN ISLAND has an expensive slab of GRANITE that serves as a workspace and breakfast bar. Art-deco black tile fireplace with mantle and raised hearth. Giant primary suite fits a king size bed plus sitting area. Updated en-suite bath with QUARTZ counters, garden tub + walk-in shower in gray-white designer tiles. BOTH BATHROOMS UPDATED WITH QUARTZ VANITIES! Covered front porch so you can watch kids play in the huge front yard. This neighborhood is Halloween trick 'or' treat grand central! Mature trees provide shade and low electric bills! Ideal South Dallas location just 15 min to downtown. Walmart Market around the corner has the least expensive gas in town! DeSoto ISD.

Investor Tools

Property Icon
$259,580
Estimated Property Value
$243,886Estimated Mortgage Balance
$15,694Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,557 /month
Positive
Cash Flow Estimate:
$519 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$476/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,409
$259,580
2025
$55,000
$204,580
$259,580
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,409
$259,580

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Efinity Financial Inc
Fha
$251,363
Yes
First
Sep 5, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$243,886
$15,694
6%
94%
$1,508/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$1,508/mo
+$522/mo
9.4%

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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502 Starling Dr | Property Details | No Agent List