$293,000
NAL Estimated Property Value601 Kimberly Drive, DeSoto, TX, 75115
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesElectric Range, Plumbed For Ice Maker, Refrigerator, Gas Water Heater
FlooringCarpet, Ceramic Tile, Laminate
Exterior
Lot Size7,020 sqft
Building Information
Year Built1992
Stories1
Roof Type105
Garage Spaces2
Land Information
APN200338500C0080000
Lot Number8
SubdivisionFern Heights Rep
Land UseResidential
Legal DescriptionFERN HEIGHTS REP BLK C LOT 8 INT201900090906 DD04102019 CO-DC 0338500C00800 4CS0338500C
Census Tract016621
Assessed Land Value$52,000
Assessed Improvement Value$230,370
Assessment Year2025
About this property
MULTIPLE OFFERS RECEIVED! Please send your best by Monday at 12pm! Awesome 3-2-2 with beautiful sparkling pool nestled on corner lot! With fresh paint, new flooring, updated fixtures, and bathroom vanities, this house is ready for its new owner! Home features split bedrooms, walk-in closets in each bedroom, beautiful in-ground pool and patio off master with sun-setter retractable cover. This home is a beauty and will not last!
Investor Tools
$293,000
Estimated Property Value
$181,452Estimated Mortgage Balance
$111,548Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,758 /month
Positive
Cash Flow Estimate:
$586 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$545/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,081
$282,370
2025
$52,000
$230,370
$282,370
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,081
$282,370
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$201,400
No
First
Mar 11, 2021
Apr 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$181,452
$111,548
38%
62%
$1,208/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$1,208/mo
+$822/mo
8.3%
