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$348,100

NAL Estimated Property Value

609 Ray Andra Dr, DeSoto, TX, 75115

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,179 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.19 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Off-Market ListAbsentee Owner

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
FlooringCarpet, Tile

Exterior

Exterior FeaturesPrivate Yard, Storage
Lot Size13,956 sqft

Building Information

Year Built1963
Stories1
Roof Type105
Garage Spaces2

Land Information

APN20075500040050000
Lot Number5
SubdivisionNorthwest
Land UseResidential
Legal DescriptionNORTHWEST ESTATES BLK 4 LT 5 INT202300169037 DD08142023 CO-DC 0755000400500 4CS07550004
Census Tract016618
Assessed Land Value$60,000
Assessed Improvement Value$288,100
Assessment Year2025

About this property

Up to $7,500 towards closing costs! Easily fall in love with this updated 4 bed,2 bath home offering modern accents throughout. With a convenient split plan layout, all bedrooms are situated in one area. Explore the spacious primary suite, complete with an ensuite bathroom and a spacious closet. Transitioning to the living spaces, discover a stylish breakfast room leading to the contemporary kitchen, equipped with stainless steel appliances and pristine quartz countertops. Adjacent to the kitchen, a well organized laundry room and pantry add convenience. Step further inside to discover the expansive family room, bathed in natural light and featuring a sleek wood burning fireplace complemented by vaulted beams. Through a charming brick archway lies the dining area with built ins. Continue to a dedicated home office, perfect space for remote work. Outside, unwind on the covered porch overlooking the expansive backyard, ideal for gatherings. Seller is willing to lease at $2,600 per month.

Investor Tools

Property Icon
$348,100
Estimated Property Value
$246,628Estimated Mortgage Balance
$101,472Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,089 /month
Positive
Cash Flow Estimate:
$696 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$807/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,948
$348,100
2025
$60,000
$288,100
$348,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,948
$348,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ocmbc Inc
Conventional
$255,000
No
First
Jul 22, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$246,628
$101,472
29%
71%
$1,529/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$1,529/mo
+$1,121/mo
9.1%

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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609 Ray Andra Dr | Property Details | No Agent List