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$301,230

NAL Estimated Property Value

522 E Lanett Dr, DeSoto, TX, 75115

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,822 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.44 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Lot Size8,455 sqft

Building Information

Year Built1986
Stories1
Roof Type105
Garage Spaces2

Land Information

APN20098570080050000
Lot Number5
SubdivisionSouth Meadows 4th Sec
Land UseResidential
Legal DescriptionSOUTH MEADOWS 4TH SEC BLK 8 LOT 5 INT201600181470 DD06282016 CO-DC 0985700800500 4CS09857008
Census Tract016620
Assessed Land Value$65,000
Assessed Improvement Value$236,230
Assessment Year2025

About this property

Timeless curb appeal meets modern comfort in this move-in-ready single-story home, located in one of DeSoto’s most established neighborhoods. Thoughtfully designed with two large living areas and a flexible floor plan, this home blends character and functionality for today’s lifestyle. As you step inside, you’re welcomed by a spacious living room anchored by a painted brick fireplace—an ideal space for cozy evenings, conversation, or entertaining. Tray ceilings, crown molding, and oversized windows fill the space with warmth and natural light. The kitchen features granite countertops, stainless steel appliances, a gas range, and abundant cabinetry. A bright breakfast nook sits just off the kitchen with views of the backyard, making it the perfect spot for casual meals or coffee mornings. Elegant formal living and dining areas offer added versatility for gatherings or flexible use. The oversized primary suite is a peaceful retreat with dual vanities, updated lighting, a large soaking tub, and a spacious walk-in shower. Two additional bedrooms are positioned for privacy and comfort—perfect for guests, kids, or a home office. The additional full bathroom provides convenient access throughout the home. Out back, enjoy a spacious yard with mature trees, plenty of room to play or garden, and a patio ready for relaxing weekends. Situated on a quiet street with no HOA, this home is minutes from parks, schools, and major commuter routes. This well-maintained, character-rich home is the kind buyers wait for. Schedule your private showing today.

Investor Tools

Property Icon
$301,230
Estimated Property Value
$168,921Estimated Mortgage Balance
$132,309Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,807 /month
Positive
Cash Flow Estimate:
$602 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$534/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,903
$301,230
2025
$65,000
$236,230
$301,230
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,903
$301,230

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Internet Mortgage Inc
Conventional
$186,400
No
First
Jun 15, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$168,921
$132,309
43%
56%
$1,118/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$1,118/mo
+$912/mo
8.1%

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.

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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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522 E Lanett Dr | Property Details | No Agent List