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$410,000

716 Snowy Orchid Ln, DeSoto, TX, 75115

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,918 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$140.51 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Water Heater, Microwave
FlooringCeramic Tile, Vinyl

Exterior

Lot Size8,450 sqft

Building Information

Year Built2015
Stories2
Roof Type105
Garage Spaces2

Land Information

APN200998200I0050000
Lot Number5
SubdivisionSummer Meadow
Land UseResidential
Legal DescriptionSUMMER MEADOW PH 3 BLK I LT 5 INT202300196572 DD09222023 CO-DC 0998200I00500 4CS0998200I
Census Tract016621
Assessed Land Value$70,000
Assessed Improvement Value$290,950
Assessment Year2025

About this property

Welcome home! This spacious 4-bedroom, 2.5 bath home offers approximately 2,900 square feet of thoughtfully designed living space. The open-concept layout creates a seamless flow between the main living, dining and kitchen areas - perfect for everyday living and entertaining. The primary suite is conveniently located downstairs, providing a private retreat complete with a modern ensuite bathroom featuring a soaking tub and separate shower. Upstairs you will find three additional bedrooms along with a versatile living space that can be used as a game room, additional living room, playroom, or home office. Upstairs you will also find a large storage closet that could also be used as a private workspace. Step outside to enjoy the backyard, complete with a storage building - perfect for tools, equipment or hobby space. With its functional layout and generous living space, this home offers comfort, style and flexibility for a variety of lifestyles. Don't miss the opportunity to make this beautiful home yours!

Investor Tools

$350,698Estimated Mortgage Balance
$12,031Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,460 /month
Positive
Cash Flow Estimate:
$820 /month

Interested in this property?

Jason Baker

Local Pro Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$878/month
$212/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,730
$360,950
2025
$70,000
$290,950
$360,950
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,730
$360,950

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$368,600
No
First
Sep 22, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$350,698
$21,302
5%
97%
$2,210/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$2,422/mo
+$228/mo
8.8%

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.

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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716 Snowy Orchid Ln | Property Details | No Agent List