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$261,000

NAL Estimated Property Value

535 Highlands Dr, DeSoto, TX, 75115

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,512 Sq Ft
price_per_sqft$164.68 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesDog Run, Storage, Garden
Lot Size12,290 sqft

Building Information

Year Built1971
Stories1
Roof Type105
Garage Spaces2

Land Information

APN20052500010370000
Lot Number37
SubdivisionHighlands
Land UseResidential
Legal DescriptionHIGHLANDS ESTATES LT 0037 INT202400211021 DD10152024 CO-DC 0525000103700 4CS05250001
Census Tract016628
Assessed Land Value$50,000
Assessed Improvement Value$177,850
Assessment Year2025

About this property

Don't miss this corner lot home in Highlands Estates! Beautifully maintained trees surround the home. Three bedroom, two bath offers great floor plan. Carpet in bedrooms recently replaced. Bath floor and counter top replaced in 2013. HVAC replaced in 2017 and roof in 2013. Kitchen features gas cooktop and oven that was replaced about 5 years ago. Kitchen with eat in dining and opens to living area. Utility room large enough for refrigerator or freezer. Step onto the back covered patio and relax in the privacy of this beautiful back yard. Back yard fenced along with dog run.Storage shed remains. Foundation work completed in 2008 with transferrable warranty. See documents in MLS.

Investor Tools

Property Icon
$261,000
Estimated Property Value
$0Estimated Mortgage Balance
$261,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,566 /month
Positive
Cash Flow Estimate:
$522 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$226/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,406
$227,850
2025
$50,000
$177,850
$227,850
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,406
$227,850

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$261,000
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
9.3%

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.

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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535 Highlands Dr | Property Details | No Agent List