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$289,280

NAL Estimated Property Value

742 Cottonwood Circle, DeSoto, TX, 75115

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,812 Sq Ft
price_per_sqft$113.08 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

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, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Marble, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage

Building Information

Year Built1971
Stories1
Roof Type105
Garage Spaces2

Land Information

APN20082500010380000
SubdivisionPleasant Lake Estates
Land UseResidential
Legal DescriptionPLEASANT LAKE ESTATES BLK 1 LT 38 INT201900293085 DD10292019 CO-DC 0825000103800 4CS08250001
Census Tract016610
Assessment Year2025

About this property

Charming 1 story, 3 bedr 2 bath brick home tucked on a .24 acre lot with a sparkling pool with a slide & a waterfall, 2 attractive storage sheds, a deck, extensive patio area & a covered patio all backing to a creek. Built in 1971 with true craftsmanship & attention to detail. 2 living & 2 dining rooms. Dining & living 1 with wood floors. Ceramic tile in wet areas. Family room with floor to ceiling brick fireplace & sliding glass doors to backyard retreat. Kitchen with gas cooktop, built in microwave & dishwasher. Living 2 has a built-in walk-in bar and access thru patio doors to a huge covered patio overlooking pool. 1 covered carport with overhead door & garage door opener great for protecting car from hail.

Investor Tools

Property Icon
$289,280
Estimated Property Value
$168,786Estimated Mortgage Balance
$120,494Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,736 /month
Positive
Cash Flow Estimate:
$579 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$468/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,171
$289,280
2025
N/A
N/A
$289,280
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,171
$289,280

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$194,000
No
First
Oct 29, 2019
Nov 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$168,786
$120,494
41%
58%
$1,164/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$1,164/mo
+$866/mo
8.4%

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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742 Cottonwood Circle | Property Details | No Agent List