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$546,000

NAL Estimated Property Value

617 Alaina Drive, DeSoto, TX, 75115

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,380 Sq Ft
price_per_sqft$170.12 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Lot Size16,400 sqft

Building Information

Year Built2021
Stories2
Roof Type105
Garage Spaces2

Land Information

APN200188800D0170000
Lot Number17
SubdivisionCole Crossing
Land UseResidential
Legal DescriptionCOLE CROSSING ESTATES BLK D LT 17 INT202300010647 DD01172023 CO-DC 0188800D01700 4CS0188800D
Census Tract016623
Assessed Land Value$95,000
Assessed Improvement Value$411,960
Assessment Year2025

About this property

Lots of Space, on Third of an Acre Lot. 4 Bedroom, 4 Full Bath, Game Room, Media Room, Formal Dining and Breakfast Area, Home Office. Ceramic Wood Look Tile in Entry, Formals, Living, Kitchen and Baths. 2nd Bedroom Down for Guest or In-Laws. Open Concept Kitchen-Living, with Large Island, Custom Cabinets and Backsplash, Stainless Appliances and Huge Walk in Pantry. Oversized Primary Bedroom, with Garden Tub, Separate Shower and Very Large Walk in Closet. Upstairs has 2 Bedrooms, with Jack and Jill Bath and 2nd Full Bath, Game Room and Media Room for Entertaining. Huge Lot Fully Sodded and Sprinklered with Wood Privacy Fence, Covered Patio. Buyer to verify all information including but not limited to square footage, room dimensions, schools etc. Special Builders Incentives Available.

Investor Tools

Property Icon
$546,000
Estimated Property Value
$446,652Estimated Mortgage Balance
$99,348Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,254/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,323
$506,960
2025
$95,000
$411,960
$506,960
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,323
$506,960

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Academy Mortgage Corp
Conventional
$475,942
No
First
Jan 17, 2023
Feb 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$446,652
$99,348
18%
82%
$2,854/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$3,204/mo
$-554/mo
5.8%

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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617 Alaina Drive | Property Details | No Agent List