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$350,000

NAL Estimated Property Value

725 N COCKRELL HILL Road, DeSoto, TX, 75115

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,656 Sq Ft
price_per_sqft$123.87 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Microwave
FlooringCarpet, Ceramic Tile, Laminate, Wood

Exterior

Lot Size2.72 acres

Building Information

Year Built1950
Stories1
Roof Type105
Garage Spaces4

Land Information

APN65071075010070000
SubdivisionThe Michael James Survey Abstract #710
Land UseResidential
Legal DescriptionMICHAEL JAMES ABST 710 PG 750 TR 7 ACS 2.7240 INT202200044741 DD02082022 CO-DC 0710750100700 4CS07107501
Census Tract016631
Assessed Land Value$163,440
Assessed Improvement Value$121,090
Assessment Year2025

About this property

2.729 ACRES-TREES PRIVACY NO HOA. This is an estate After looking over the property the executors have adjusted the price due to issues found in older homes that have not had recent full updates. Structural it appears sound. This home is located on a spacious lot with trees, city water and sewer, provides lots of privacy for a new owner who is anxious to bring new life to this older home. Some wood floors, granite kitchen counters, balck appliances, 3 bathrooms, fireplace with brick chminey, oversized garage, zoned cen h ac. Seller disclosure and survey is in MLS for your convenience. Very livable as it is. Perfect for those creative buyers anxious to create a great new home. Check with city for zoning.

Investor Tools

Property Icon
$350,000
Estimated Property Value
$273,577Estimated Mortgage Balance
$76,423Estimated Equity
21% 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
$447/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,616
$284,530
2025
$163,440
$121,090
$284,530
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,616
$284,530

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Conventional
$297,350
No
First
Feb 8, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$273,577
$76,423
21%
78%
$1,783/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$1,783/mo
+$247/mo
7.0%

City: DeSoto

725 N COCKRELL HILL Road | Property Details | No Agent List