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$264,230

NAL Estimated Property Value

507 N Chattey Rd, DeSoto, TX, 75115

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,724 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.81 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range
FlooringCarpet, Laminate, Wood

Exterior

Lot Size11,195 sqft

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces1

Land Information

APN65120722510210000
SubdivisionThomas L Rhodes Abst 1207
Land UseResidential
Legal DescriptionTHOMAS L RHODES ABST 1207 PG 225 TR 21 ACS 0.2567 INT202300168457 DD08182023 CO-DC 1207225102100 4CS12072251
Census Tract016620
Assessed Land Value$50,000
Assessed Improvement Value$214,230
Assessment Year2025

About this property

Wonderful Older home! This home features 2 bedroom 2 bath with an office, Beautiful entry open floor plan breakfast bar separating kitchen and Living. Over size primary bedroom with huge walk-closet walk in shower in primary bath nice size front deck, large mature trees in front and back yard. Circular drive. Don't forget about the gorgeous back yard with privacy fence large trees and nice size patio of sitting and outside and entertaining family friends. Buyers and Buyers agent to verify sqft and schools

Investor Tools

Property Icon
$264,230
Estimated Property Value
$252,089Estimated Mortgage Balance
$12,141Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,585 /month
Positive
Cash Flow Estimate:
$528 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$501/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,686
$264,230
2025
$50,000
$214,230
$264,230
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,686
$264,230

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Conventional
$260,200
No
First
Aug 17, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$252,089
$12,141
4%
95%
$1,593/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$1,593/mo
+$437/mo
9.2%

City: DeSoto