Last 24 Hours
$25,110
NAL Estimated Property Value611 Parkdale Ln, DeSoto, TX, 75115
Off Market
Commercial
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size17,206 sqft
Land Information
APN65153719110310000
SubdivisionM J S Wampler
Land UseCommercial
Legal DescriptionM J S WAMPLER ABST 1537 PG 191 TR 31 ACS 0.3973 INT202500060112 DD03212025 CO-DC 1537191103100 5CS15371911
Census Tract016627
Assessed Land Value$25,110
Assessment Year2025
About this property
2 Lots next to one another. Sold as a package ($85K total). 0.734 total acres at an amazing value and location. 1037 Sherry (listed for $60K) to be sold with 611 Parkdale (listed for $25K). Right off of I-35 in DeSoto, zoned commercial. Make maximum use of this property as a mixed use or multi-unit development. Conceptual image gives a great idea of how one could use etc ground floor for a cafe, retail business and more. The upper floor could be residential or other use if desired. Room for parking, landscaping and a perfect space for an inviting environment of both residents and customers.
Investor Tools
$25,110
Estimated Property Value
$7,083Estimated Mortgage Balance
$18,027Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$141/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,571
$25,110
2025
$25,110
N/A
$25,110
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,571
$25,110
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dennis Kruse
Seller Carryback / Seller Financing / Seller Take-Back
$10,000
No
First
Jun 3, 2013
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$7,083
$18,027
71%
28%
$60/mo
12.4%