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$350,570

NAL Estimated Property Value

620 Kari Anne Ln, DeSoto, TX, 75115

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,169 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$172.84 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Vinyl

Exterior

Lot Size8,643 sqft

Building Information

Year Built2003
Stories1
Roof Type105
Garage Spaces1

Land Information

APN200575600B0020000
Lot Number2
SubdivisionKari Place
Land UseResidential
Legal DescriptionKARI PLACE BLK B LT 2 INT202300024373 DD02062023 CO-DC 0575600B00200 4CS0575600B
Census Tract016632
Assessed Land Value$70,000
Assessed Improvement Value$280,570
Assessment Year2025

About this property

Beautifully updated Fannie Mae HomePath home in Desoto. Updates include fresh paint inside and out, flooring, heat and air, water heater, and lighting. Luxury vinyl plank flooring throughout and upgraded carpet in the bedrooms. Home has three bedrooms and two bathrooms. Primary bedroom is split from other bedrooms. Primary bath has a jetted tub, separate shower, and dual sinks. Large walk-in closet. Island kitchen has ample counter and cabinet space. Kitchen updated with stainless steel appliances, granite countertops, and painted cabinets. Formal living room and formal dining room. Den is open to the breakfast room and features a corner wood burning fireplace. Wood fence surrounding the large backyard has been replaced. Two car rear entry garage for privacy. Seller is offering up to 3% closing cost assistance for buyers that qualify.

Investor Tools

Property Icon
$350,570
Estimated Property Value
$0Estimated Mortgage Balance
$350,570Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,249 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$693/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,565
$350,570
2025
$70,000
$280,570
$350,570
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,565
$350,570

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$350,570
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
N/A
+$2,030/mo
6.9%

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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620 Kari Anne Ln | Property Details | No Agent List