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$302,840

NAL Estimated Property Value

524 E Lanett Dr, DeSoto, TX, 75115

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,908 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$175.58 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

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

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size8,821 sqft

Building Information

Year Built1986
Stories1
Roof Type105
Garage Spaces2

Land Information

APN20098570080060000
Lot Number6
SubdivisionSouth Meadows 4th Sec
Land UseResidential
Legal DescriptionSOUTH MEADOWS 4TH SEC BLK 8 LT 6 INT202500054768 DD02212025 CO-DC 0985700800600 4CS09857008
Census Tract016620
Assessed Land Value$65,000
Assessed Improvement Value$237,840
Assessment Year2025

About this property

Get Ready to Move! This 3 bdrm, 2.5 Bath Home with 2 Car Garage is Ready to Call Your Own. Beautiful Ceramic Tile Flooring Throughout Downstairs. Large Family Rm with Brick Fireplace and Adjoining Dining Room Allow for Plenty of Space to Entertain Family and Friends. Kitchen Features Granite Countertops and Breakfast Room. Light and Bright Throughout with Lots of Windows. Owner's Suite is Very Spacious and Ensuite Bath features Garden Tub, Separate Shower, Dual Vanities, Granite Countertops, 2 Closets and Beautiful Ceramic Tile Flooring. Inside Laundry Room. Upstairs Features 2 Bedrooms and Large Landing at Top of Stairs which could be Study Area Play Area, etc. Two Car Attached Garage has Epoxy Coated Floor. Large Backyard with Privacy Fencing and Covered Patio.

Investor Tools

Property Icon
$302,840
Estimated Property Value
$0Estimated Mortgage Balance
$302,840Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,010 /month
Positive
Cash Flow Estimate:
$670 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$702/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,915
$302,840
2025
$65,000
$237,840
$302,840
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,915
$302,840

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$302,840
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
N/A
+$2,030/mo
8.0%

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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