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$256,350

NAL Estimated Property Value

704 Cresent Dr, DeSoto, TX, 75115

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,564 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$153.45 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-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
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size3,955 sqft

Building Information

Year Built1987
Stories2
Roof Type105
Garage Spaces2

Land Information

APN200795500N0110000
Lot Number11
SubdivisionPark Place
Land UseResidential
Legal DescriptionPARK PLACE PH 1 BLK N E PT LT 11 ACS 0.1009 1/2 DUPLEX INT202400109015 DD02052024 CO-DC 0795500N01100 4CS0795500N
Census Tract016623
Assessed Land Value$30,000
Assessed Improvement Value$226,350
Assessment Year2025

About this property

HUGE PRICE REDUCTION!! MOTIVATED SELLER!! Move-in ready, beautifully updated duplex featuring three bedrooms and two and a half baths. This remarkable home boasts a galley kitchen enhanced with granite countertops, a stylish tile backsplash, and a built-in microwave. Additionally, it offers an electric oven and a separate laundry room for utmost convenience. The dining room has elegant bay windows allowing natural light to flow through. You'll find the master bedroom, complete with a walk-in closet and an attached bath featuring granite counters, an under-mounted sink, and a separate shower. Two more bedrooms and an additional full bath are also located on the upper level. The property includes an attached two-car garage with a rear entry and a lovely yard encased by a fresh wooden fence. This sensational home is waiting for you!

Investor Tools

Property Icon
$256,350
Estimated Property Value
$240,207Estimated Mortgage Balance
$16,143Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,538 /month
Positive
Cash Flow Estimate:
$513 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$595/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,853
$256,350
2025
$30,000
$226,350
$256,350
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,853
$256,350

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$250,381
Yes
First
Feb 5, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$240,207
$16,143
6%
94%
$1,502/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$1,502/mo
+$528/mo
9.5%

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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704 Cresent Dr | Property Details | No Agent List