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$279,900

611 Ray Andra Drive, DeSoto, TX, 75115

Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths1,476 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$189.63 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

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

Exterior

Lot Size14,061 sqft

Building Information

Year Built1963
Stories1
Roof Type105
Garage Spaces2

Land Information

APN20075500040040000
SubdivisionNorthwest Estates
Land UseResidential
Legal DescriptionNORTHWEST ESTATES BLK 4 LT 4 INT202300218756 DD10252023 CO-DC 0755000400400 4CS07550004
Census Tract016618
Assessment Year2025

About this property

Welcome to 611 Ray Andra Dr, a charming 3-bedroom, 2-bathroom home nestled in the desirable Northwest Estates. This meticulously maintained residence boasts modern amenities and thoughtful upgrades. The heart of the home features a stylish and functional kitchen with a gas stove, perfect for culinary enthusiasts. Enjoy the luxury of a tankless water heater, ensuring endless hot water. The property includes a rare TWO 2-car garages, providing ample space for parking and storage. A newer roof adds to the home's curb appeal, while the recently renovated bathroom and new carpeting throughout enhance comfort and aesthetics. Step outside into the expansive backyard, ideal for entertaining or simply unwinding in a private oasis. This property seamlessly combines practicality and elegance, making it a perfect place to call home.

Investor Tools

$202,655Estimated Mortgage Balance
$74,345Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,679 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$629/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,168
$252,370
2025
N/A
N/A
$252,370
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,168
$252,370

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$213,000
No
First
Oct 25, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$202,655
$74,345
26%
73%
$1,278/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$1,278/mo
+$752/mo
8.8%

City: DeSoto

611 Ray Andra Drive | Property Details | No Agent List