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Days146Days on Market
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$258,000

504 Rickey Canyon Ave, DeSoto, TX, 75115

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,568 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.54 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Gas Cooktop, Refrigerator

Exterior

Lot Size14,931 sqft

Building Information

Year Built1961
Stories1
Roof Type105
Garage Spaces2

Land Information

APN20012500020020000
SubdivisionC M S Estates
Land UseResidential
Legal DescriptionC M S ESTATES BLK 2 LOT 2 INT201800283199 DD10192018 CO-DC 0125000200200 4CS01250002
Census Tract016620
Assessment Year2025

About this property

Don’t miss this 3-bedroom brick home situated on an oversized 0.34-acre lot in an established DeSoto neighborhood with no HOA. The mature trees and oversized backyard provide the kind of outdoor space that’s becoming harder to find in many newer neighborhoods. Inside, the spacious living room is anchored by a stone wood-burning fireplace with built-in shelving, creating a warm focal point for gathering. The kitchen offers built-in natural gas appliances, ample cabinet space, and an easy connection to the dedicated dining room. The primary suite features an updated ensuite bathroom with a double vanity, stone countertops, and a beautifully tiled walk-in shower. Two additional bedrooms and a second full bathroom complete the home. The backyard is the true standout. Sitting on a generous 0.34-acre lot, the level, fully fenced yard offers endless possibilities for entertaining, gardening, pets, or simply enjoying the extra outdoor space. Mature trees provide abundant shade, while the deep driveway, attached two-car garage add everyday convenience. Conveniently located near shopping, dining, schools, parks, and major highways, this home offers an excellent opportunity for buyers looking to personalize a home while enjoying a large lot in an established neighborhood. Schedule your private showing today!

Investor Tools

Property Icon
$253,000
Estimated Property Value
$157,020Estimated Mortgage Balance
$35,794Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,548 /month
Positive
Cash Flow Estimate:
$516 /month

Interested in this property?

Cassidy Spilker

Access Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$393/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,450
$238,170
2025
N/A
N/A
$238,170
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,450
$238,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Roundpoint Mortgage Servicing Corp
Conventional
$157,020
No
First
Aug 3, 2020
Sep 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$217,206
$35,794
14%
86%
$1,422/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$1,422/mo
+$608/mo
9.6%

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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504 Rickey Canyon Ave | Property Details | No Agent List