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$317,110

607 Kelsie Cir, DeSoto, TX, 75115

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,152 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$176.12 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

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

Exterior

Lot Size5,896 sqft

Building Information

Year Built1989
Stories2
Roof Type105
Garage Spaces2

Land Information

APN200320100J0220000
Lot Number22
SubdivisionEagle Downs
Land UseResidential
Legal DescriptionEAGLE DOWNS PH 1 BLK J LOT 22 INT202300107273 DD05302023 CO-DC 0320100J02200 4CS0320100J
Census Tract016632
Assessed Land Value$60,000
Assessed Improvement Value$257,110
Assessment Year2025

About this property

MUST SEE! Spectacular Two story home, Master bedroom on first floor. Beautifully remodeled 3 Bedroom 2.5 bath and 2 Car Garage. Kitchen with granite counter top and lots of cabinets. New appliances. Large Formal living room with High Ceiling and additional Living room with Brick fire place. Master bedroom with spacious master bath, Standing Shower, Jetted Tub and walk-in closet. All Bath with Granite counters. New water resistant laminate flooring. No Carpet in first floor. New Roof one month old. New Garage Door and Opener. Large covered patio attached to living room (side of the house). All new electrical fixtures. New paint interior and exterior. Foundation repaired with Lifetime Transferable Warranty. Alley access to large backyard and New privacy fencing.

Investor Tools

Property Icon
$317,110
Estimated Property Value
$332,500Estimated Mortgage Balance
$2,901Estimated Equity
-5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,274 /month
Positive
Cash Flow Estimate:
$758 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$607/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,702
$317,110
2025
$60,000
$257,110
$317,110
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,702
$317,110

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citizens Bank & Trust Co Of Vivian La
Conventional
$332,500
No
First
May 30, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$314,209
$2,901
0%
99%
$1,994/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$1,994/mo
+$36/mo
7.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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