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$416,000

NAL Estimated Property Value

653 The Meadows Parkway, DeSoto, TX, 75115

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,919 Sq Ft
price_per_sqft$85.3 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Cooktop
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Private PoolPrivate Pool
Lot Size19,219 sqft

Building Information

Year Built1976
Stories1
Roof Type105
Garage Spaces4

Land Information

APN20098500110160000
Lot Number16
SubdivisionSouth Meadows 2nd Sec
Land UseResidential
Legal DescriptionSOUTH MEADOWS 2ND SEC BLK K LOT 16 INT201900284240 DD10222019 CO-DC 0985001101600 4CS09850011
Census Tract016620
Assessed Land Value$60,000
Assessed Improvement Value$314,240
Assessment Year2025

About this property

Imagine walking into the beautiful house with a formal dining room and a beautiful living area with nice fireplace. This house has a pool and plenty of room for everyone. Neutral colors throughout the house and beautiful light fixtures. This house offers a huge back yard with a beautiful swimming pool with a gate for security and a full bathroom for the pool area. Cover parking for 6 cars besides the 2 car garage. This house is perfect for entertaining or just to enjoy with the family. Master bedroom is huge and overlooks the courtyard. 3 bedrooms are downstairs and 4 bedroom is upstairs. The second living area overlooks the pool and has another fireplace. Seller will need 30 day leaseback

Investor Tools

Property Icon
$416,000
Estimated Property Value
$212,713Estimated Mortgage Balance
$203,287Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,496 /month
Positive
Cash Flow Estimate:
$832 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$684/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,127
$374,240
2025
$60,000
$314,240
$374,240
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,127
$374,240

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Das Acquisition
Fha
$244,489
Yes
First
Oct 22, 2019
Nov 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$212,713
$203,287
48%
51%
$1,466/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$1,466/mo
+$1,184/mo
7.6%

City: DeSoto

653 The Meadows Parkway | Property Details | No Agent List