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$262,000

503 Starling Drive, DeSoto, TX, 75115

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,279 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.59 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size7,783 sqft

Building Information

Year Built1993
Stories1
Roof Type105
Garage Spaces2

Land Information

APN20070150070110000
Lot Number11
SubdivisionMockingbird Hill Sec
Land UseResidential
Legal DescriptionMOCKINGBIRD HILL SEC 3 BLK 7 LOT 11 INT201900271611 DD10072019 CO-DC 0701500701100 4CS07015007
Census Tract016621
Assessed Land Value$55,000
Assessed Improvement Value$195,480
Assessment Year2025

About this property

LOVELY STARTER HOME WITH VAULTED CEILINGS IN LV AND MASTER.NEW CARPET,PAINT AND C-TILE. OPEN FLOOR PLAN WITH EAT-IN KITCHEN. LARGE BACKYARD WITH PATIO. THIS BEAUTY IS FOR THE PICKY BUYERS..SHOW AND SELL!! OWNER WILL PROVIDE A ONE YEAR HOME WARRANTY...ALSO TWO VANITIES IN MASTER BATHROOM..

Investor Tools

Property Icon
$262,000
Estimated Property Value
$0Estimated Mortgage Balance
$107,377Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,572 /month
Positive
Cash Flow Estimate:
$524 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$437/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,928
$250,480
2025
$55,000
$195,480
$250,480
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,928
$250,480

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
R M K Financial Corp
Fha
$177,721
Yes
First
Oct 7, 2019
Nov 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$154,623
$107,377
40%
59%
$1,066/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$1,066/mo
+$964/mo
9.3%

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.

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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503 Starling Drive | Property Details | No Agent List