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$270,000

537 Sharp Drive, DeSoto, TX, 75115

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,513 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$132.19 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListHigh Equity

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, Microwave, Electric Water Heater
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size10,683 sqft

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces2

Land Information

APN20110500030140000
Lot Number14
SubdivisionWestern Hills
Land UseResidential
Legal DescriptionWESTERN HILLS ESTATES 1 BLK C LT 14 INT202100066320 DD03082021 CO-DC 1105000301400 4CS11050003
Census Tract016632
Assessed Land Value$55,000
Assessed Improvement Value$186,160
Assessment Year2025

About this property

Location location location! Within walking distance to school. Well cared for home in a convenient location. 4 bedrooms with nice updates throughout. Pride of ownership shows! Recently updated handicap accessible bathroom with walk in shower. Flexible floor plan. Lovely kitchen that. has been updated as well. Ceiling fans, crown molding, wood burning fireplace. Fenced back yard. Established trees & a creek. Detached shed-workshop with 220 electric. **The seller has received multiple offers on this property and is calling for highest & best by 4pm on Monday February 8th**

Investor Tools

Property Icon
$270,000
Estimated Property Value
$0Estimated Mortgage Balance
$81,250Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,620 /month
Positive
Cash Flow Estimate:
$540 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$461/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,182
$241,160
2025
$55,000
$186,160
$241,160
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,182
$241,160

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bancorpsouth Bank
Conventional
$209,500
No
First
Mar 8, 2021
Apr 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$188,750
$81,250
30%
70%
$1,257/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$1,257/mo
+$1,393/mo
11.8%

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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