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$285,000

521 Spicewood Dr, DeSoto, TX, 75115

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,154 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$132.31 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Plumbed For Ice Maker
FlooringCeramic Tile, Laminate, Wood

Exterior

Lot Size6,600 sqft

Building Information

Year Built2002
Stories1
Roof Type105
Garage Spaces2

Land Information

APN200149100D0270000
SubdivisionCandle Meadow
Land UseResidential
Legal DescriptionCANDLE MEADOW PH 1 BLK D LT 27 INT202100382600 DD12212021 CO-DC 0149100D02700 4CS0149100D
Census Tract016633
Assessment Year2025

About this property

Perfect in Desoto! This home is ready and waiting for you. Wonderful location and drive up appeal with great trees. This Home has been freshly painted in many areas, and new appliances. Welcome into wide open spaces, with Center Kitchen Concept and beautiful wood flooring. Chefs kitchen wraps around a warm family room with bright windows. Wonderful Office with French doors. Large bedrooms and serene master will grant you some relaxing time. Enjoy some outdoor time in your large grassy backyard. Multiple offers Deadline 9 PM Monday 12 - 13

Investor Tools

Property Icon
$349,000
Estimated Property Value
$0Estimated Mortgage Balance
$349,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,094 /month
Positive
Cash Flow Estimate:
$698 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$570/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,096
$332,400
2025
N/A
N/A
$332,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,096
$332,400

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$349,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$350/mo
+$2,300/mo
9.1%

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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