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$395,490

NAL Estimated Property Value

704 Spice St, DeSoto, TX, 75115

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,069 Sq Ft
price_per_sqft$117.27 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCeramic Tile, Wood

Exterior

Lot Size10,640 sqft

Building Information

Year Built2006
Stories2
Roof Type105
Garage Spaces2

Land Information

APN200149100K0020000
Lot Number2
SubdivisionCandle Meadow
Land UseResidential
Legal DescriptionCANDLE MEADOW PH 2 BLK K LT 2 INT202500107871 DD05232025 CO-DC 0149100K00200 4CS0149100K
Census Tract016633
Assessed Land Value$80,000
Assessed Improvement Value$315,490
Assessment Year2025

About this property

Stately home with space to grow. Welcome to your next chapter in this spacious 4-bedroom brick beauty, thoughtfully designed to meet the needs of a large or growing family. From its generous layout to its inviting features, this home combines comfort, functionality, and endless possibilities. Plenty of room to roam. Four bedrooms for restful retreats, plus a dedicated media room which can be easily converted into a fifth bedroom. Three cozy living areas provide ample space for entertaining, relaxing, and making memories. A large kitchen flows seamlessly into the living room—ideal for hosting large gatherings or dinner parties with friends. Kick back in the expansive game room and media room—perfect for movie nights or playtime adventures. A nice-sized dining room could easily transform into a chic home office or study space. Storage and parking galore. An oversized garage has a dedicated workshop or storage haven for all your boy toys or home-based businesses. The front parking pad adds even more convenience for extra vehicles or guests. A large backyard awaits your vision—imagine BBQs, games, or even your own kitchen garden. Gorgeous hardwood floors throughout enhance the home’s warmth and elegance. Fresh, neutral paint makes the perfect canvas for your personal touch. The home serves as a wonderful and neutral canvas to make it your own. Buyer and agent to verify all information including but not limited to measurements, schools, room sizes, zoning, property condition, and MLS data. Information is reliable but not guaranteed. Seller will not respond to low-ball offers, offers that include an owner finance, or an assumption of the current loan.

Investor Tools

Property Icon
$395,490
Estimated Property Value
$271,140Estimated Mortgage Balance
$124,350Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,373 /month
Positive
Cash Flow Estimate:
$791 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$704/month
$425/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,472
$395,490
2025
$80,000
$315,490
$395,490
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,472
$395,490

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$276,000
No
First
May 23, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$271,140
$124,350
31%
69%
$1,655/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$2,080/mo
+$570/mo
8.0%

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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