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$350,000

700 Arbor Creek Dr, DeSoto, TX, 75115

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,106 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.19 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Dishwasher, Disposal, Electric Cooktop, Plumbed For Ice Maker
FlooringCeramic Tile, Wood, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size17,761 sqft

Building Information

Year Built1985
Stories1
Roof Type105
Garage Spaces2

Land Information

APN20098560010160000
Lot Number16
SubdivisionSouth Meadows 3rd Sec
Land UseResidential
Legal DescriptionSOUTH MEADOWS 3RD SEC BLK 1 LOT 16 INT202200018972 DD01212022 CO-DC 0985600101600 4CS09856001
Census Tract016620
Assessed Land Value$65,000
Assessed Improvement Value$240,290
Assessment Year2025

About this property

Beautifully renovated one-story home in quiet neighborhood with sparkling pool. Huge backyard and side yard. Lots of outdoor living space. Chef's kitchen has granite countertops and stainless steel appliances including convection oven. Spa like owner's suite has granite countertops with dual sinks and an air jet corner tub. Formal dining with 15' ceilings is in the front of the home. Spacious Living room with cozy fireplace overlooks pool. Wall of windows in second living area or morning room also has a beautiful view of the pool with Oklahoma Stone coping and two covered porches. Spacious Laundry Room. Garage opens via app or remote.

Investor Tools

Property Icon
$314,000
Estimated Property Value
$345,000Estimated Mortgage Balance
$0Estimated Equity
-10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$712/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,970
$305,290
2025
$65,000
$240,290
$305,290
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,970
$305,290

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$345,000
No
First
Jan 21, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$316,828
N/A
0%
101%
$2,069/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$2,069/mo
$-39/mo
7.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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700 Arbor Creek Dr | Property Details | No Agent List