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$502,570

NAL Estimated Property Value

699 W Wintergreen Rd, DeSoto, TX, 75115

Off MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size9.23 acres

Land Information

APN200137000A0010000
Lot Number1
SubdivisionCalvary Baptist Church
Land UseAgriculture / Farming
Legal DescriptionCALVARY BAPTIST CHURCH BLK A LT 1 ACS 9.23 INT200900038452 DD01302009 CO-DC 0137000A00100 5CS0137000A
Census Tract016617
Assessed Land Value$502,570
Assessment Year2025

About this property

9.23 Acres at Prime Corner in DeSoto, TX – Development Opportunity Exceptional 9.23-acre tract located at the busy intersection of Wintergreen Rd and Westmoreland Rd in DeSoto—just 18 minutes south of Downtown Dallas. With close access to Highways 67 and I-35, this property offers excellent visibility and accessibility. Currently zoned single-family residential, the land is situated within an area designated by the City of DeSoto for future mid-density residential use. Ideal for single-family attached homes, duplexes, tri-plexes, or four-plexes, this site presents a valuable opportunity for developers and investors seeking to meet the area's growing housing demand. Additional features include a paved walking trail along one side of the property, installed by the city, enhancing the appeal for future residential development. Please see listing documents for more information, including a partial flood plain map and proposed land use guidelines.

Investor Tools

Property Icon
$502,570
Estimated Property Value
$77,749Estimated Mortgage Balance
$424,821Estimated Equity
84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,200 /month
Positive
Cash Flow Estimate:
$2,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$211/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19
$502,570
2025
$502,570
N/A
$502,570
No

Tax History

Year
Tax Paid
Assessed Value
2024
$19
$502,570

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plainscapital Bank
Unknown
$150,000
No
First
Aug 30, 2007
Aug 2008

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$77,749
$424,821
84%
15%
$900/mo

City: DeSoto

699 W Wintergreen Rd | Property Details | No Agent List