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$382,710

NAL Estimated Property Value

701 Newcastle Drive, DeSoto, TX, 75115

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,021 Sq Ft
price_per_sqft$126.17 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Convection Oven, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size9,348 sqft

Building Information

Year Built2018
Stories1
Roof Type105
Garage Spaces2

Land Information

APN200059500D0010000
Lot Number1
SubdivisionBrighton
Land UseResidential
Legal DescriptionBRIGHTON ESTATES BLK D LT 1 INT201900099171 DD04172019 CO-DC 0059500D00100 4CS0059500D
Census Tract016632
Assessed Land Value$75,000
Assessed Improvement Value$307,710
Assessment Year2025

About this property

Beautiful New Construction On Corner Lot. 3 Bedrooms with Optional 4th Bedroom or Study. Open Concept with Great Kitchen with Granite Counter Tops, Breakfast Area, Open to Large Family Room with Direct Vent Gas Fireplace with Stone Front. Gorgeous Master Suite with Garden Tub and Separate Shower, and Large Walk in Closet. Formal Dining Room with Chair Rail and Picture Frame Molding. Oversized Corner Lot, Fully Sodded and Landscaped with Sprinkler System and Privacy Fence. Covered Patio for the Evening BBQ. Buyer to verify all information including but not limited to sq. footage, room dimensions, schools, etc.

Investor Tools

Property Icon
$382,710
Estimated Property Value
$227,928Estimated Mortgage Balance
$154,782Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,296 /month
Positive
Cash Flow Estimate:
$765 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$159/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$382,710
2025
$75,000
$307,710
$382,710
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$382,710

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Va
$252,000
Yes
First
May 25, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,928
$154,782
40%
60%
$1,511/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$1,511/mo
+$519/mo
6.4%

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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