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$316,310

NAL Estimated Property Value

512 Tealridge Lane, DeSoto, TX, 75115

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,038 Sq Ft
price_per_sqft$107.95 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

BankruptcyOff-Market ListHigh EquityMove-In Ready

Highlights

Interior

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

Exterior

Private PoolPrivate Pool
Lot Size9,193 sqft

Building Information

Year Built1989
Stories1
Roof Type105
Garage Spaces2

Land Information

APN20079570030020000
Lot Number2
SubdivisionPark Ridge
Land UseResidential
Legal DescriptionPARK RIDGE ESTATES BLK 3 LT 2 INT201800323525 DD12072018 CO-DC 0795700300200 4CS07957003
Census Tract016628
Assessed Land Value$60,000
Assessed Improvement Value$256,310
Assessment Year2025

About this property

Recently remodeled home with sparkling in ground pool, two living areas, two dining areas, wood burning cozy fireplace. Plus a den area that can can be 4th bedroom, study, or office. Fresh paint and newly installed flooring throughout, Master with garden tub, shower and dual sink. Nice sized secondary bedrooms. Move in ready!

Investor Tools

Property Icon
$316,310
Estimated Property Value
$275,551Estimated Mortgage Balance
$40,759Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,898 /month
Positive
Cash Flow Estimate:
$633 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$630/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,973
$316,310
2025
$60,000
$256,310
$316,310
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,973
$316,310

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$282,000
No
First
Sep 13, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$275,551
$40,759
12%
87%
$1,602/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$1,602/mo
+$428/mo
7.7%

City: DeSoto

512 Tealridge Lane | Property Details | No Agent List