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$290,000

615 Misty Glen Dr, DeSoto, TX, 75115

PendingInfo
Beds4 Beds
Baths2 Bath
Baths1,832 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$158.3 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Gas Oven, Microwave
FlooringCeramic Tile, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size12,963 sqft

Building Information

Year Built1964
Stories1
Roof Type105
Garage Spaces2

Land Information

APN20076500070080000
SubdivisionNorthwest Estates
Land UseResidential
Legal DescriptionNORTHWEST ESTATES 2 BLK 7 LOT 8 INT202000140834 DD05292020 CO-DC 0765000700800 4CS07650007
Census Tract016618
Assessment Year2025

About this property

Welcome home to 615 Misty Glen Drive in DeSoto! This charming property offers thoughtful updates and inviting spaces throughout. Step inside to a tiled entry with a brick foyer that sets the tone for the home. The front bedroom offers flexibility for guests or a home office, conveniently located near a full bath. A second bedroom has been freshly painted and features a walk-in closet, while a third bedroom boasts a walk-in closet with custom built-ins and laminate flooring. The primary suite has been freshly painted and features elegant crown molding. The ensuite bath includes built-ins, a doorless walk-in closet, double sink vanity, and a shower and tub combination, plus a dedicated AC closet for added convenience. A hallway air circulation system adds comfort throughout the home. The sunken living room is a standout space with custom built-ins and a cozy wood burning fireplace. Note the gas line to the fireplace has been capped. The kitchen shines with granite countertops, gas cooking, a tile backsplash, and a mix of 42 inch and 30 inch cabinetry with freshly repainted lower cabinets, plus a dishwasher added in place of the previous small refrigerator. Enjoy the breakfast nook or the adjacent dining room, which offers flexible use as a second living area. Additional conveniences include a laundry room with built-in shelving and a two car garage featuring two closets, extra shelving, and a tool bench. Outside, unwind on the back patio or the newly pressure washed back deck. A large two story storage building, approximately 20 by 13 feet, includes a built-in table. Cool off in the above ground pool, complete with a water pump replaced May 2026 and included pool chemicals and tarps. If a buyer prefers no pool, seller will remove it and resod the area. The home also features gutters and a roof installed in 2020. Don't miss this move in ready home with character, updates, and options to make it your own!

Investor Tools

$175,580Estimated Mortgage Balance
$120,866Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,772 /month
Positive
Cash Flow Estimate:
$591 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$538/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,979
$295,350
2025
N/A
N/A
$295,350
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,979
$295,350

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$198,850
No
First
May 29, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$175,580
$119,770
40%
59%
$1,193/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$1,193/mo
+$1,457/mo
10.8%

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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615 Misty Glen Dr | Property Details | No Agent List