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$301,360

NAL Estimated Property Value

613 Cresent Drive, DeSoto, TX, 75115

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,596 Sq Ft
price_per_sqft$112.72 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Plumbed For Ice Maker
FlooringCeramic Tile, Laminate

Exterior

Lot Size11,461 sqft

Building Information

Year Built1993
Stories1
Roof Type105
Garage Spaces2

Land Information

APN200795500C0270000
Lot Number27
SubdivisionPark Place
Land UseResidential
Legal DescriptionPARK PLACE PH 1 BLK C LOT 27 INT201900142799 DD06032019 CO-DC 0795500C02700 4CS0795500C
Census Tract016623
Assessed Land Value$60,000
Assessed Improvement Value$241,360
Assessment Year2025

About this property

Coming in at a fantastic price-point, this home is ideal for the first-time homeowner. On top of being a great starter home, It is equipped with a swimming pool ready for you to enjoy. The hot Texas summer won’t stand a chance against the large pool. One thing you will notice about the area is that the homes are rear entry. This really opens up the neighborhood and streets. No cluttered streets lined with cars. Along with curb appeal and great stance, this home has a lovely brick exterior that is warm and inviting. Located in Desoto with quick access to Cedar Hill shopping and Highway 67.

Investor Tools

Property Icon
$301,360
Estimated Property Value
$173,338Estimated Mortgage Balance
$128,022Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,808 /month
Positive
Cash Flow Estimate:
$603 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$488/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,347
$301,360
2025
$60,000
$241,360
$301,360
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,347
$301,360

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$190,540
No
First
Aug 14, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$173,338
$128,022
42%
58%
$1,143/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$1,143/mo
+$887/mo
8.1%

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.

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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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613 Cresent Drive | Property Details | No Agent List