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$370,000

NAL Estimated Property Value

748 Snowy Orchid Ln, DeSoto, TX, 75115

$379,551 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,918 Sq Ft
price_per_sqft$87.39 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size9,197 sqft

Building Information

Year Built2015
Stories2
Roof Type105
Garage Spaces2

Land Information

APN200998200I0130000
SubdivisionSummer Meadow
Land UseResidential
Legal DescriptionSUMMER MEADOW PH 3 BLK I LT 13 INT201900276898 DD10152019 CO-DC 0998200I01300 4CS0998200I
Census Tract016621
Assessment Year2025

About this property

Beautifully updated home on a corner lot! Step into this remodeled open floor concept that features 4 spacious bedrooms, 3 living areas and, 2 and a half baths! Updated kitchen has granite countertops, ceramic tile, recessed lighting along with stainless steel appliances. Master bedroom features a spacious walk-in closet, dual sinks, shower, and garden tub. New Laminate flooring and fixtures throughout the home. Home has a large covered patio, perfect for relaxing with family or grilling out. This home is a definite must-see! HOME WILL NOT BE ABLE TO CLOSE UNTIL OCTOBER 31ST DUE TO A RIGHT OF REDEMPTION EXCEPTION THAT REMAINS ON SCHEDULE B.

Investor Tools

Property Icon
$370,000
Estimated Property Value
$177,486Estimated Mortgage Balance
$192,514Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$379,550
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,220 /month
Positive
Cash Flow Estimate:
$740 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$683/month
$175/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,351
$360,950
2025
N/A
N/A
$360,950
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,351
$360,950

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$204,000
No
First
Oct 15, 2019
Nov 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$177,486
$192,514
52%
48%
$1,224/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$1,399/mo
+$1,251/mo
8.6%

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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748 Snowy Orchid Ln | Property Details | No Agent List