$370,000
NAL Estimated Property Value749 Snowy Orchid Lane, DeSoto, TX, 75115
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood
Exterior
Lot Size8,277 sqft
Building Information
Year Built2015
Stories2
Roof Type105
Garage Spaces2
Land Information
APN200998200G0270000
Lot Number27
SubdivisionSummer Meadow
Land UseResidential
Legal DescriptionSUMMER MEADOW PH 3 BLK G LT 27 INT201900295921 DD10292019 CO-DC 0998200G02700 4CS0998200G
Census Tract016621
Assessed Land Value$70,000
Assessed Improvement Value$294,730
Assessment Year2025
About this property
Beautiful two story home in Summer Meadow subdivision ready for a new family. This 4-3-2 with 2 living and 2 dining's. Master bedroom down with the other 3 large bedrooms upstairs with a big living area. Lovely wood floors in the entry, living and formal dining with tile floors in the kitchen. Spacious Kitchen has a granite island bar, with walk in pantry and black appliances. Open concept with kitchen, living room and nook all open to each other. Great floor plan for entertaining. Don’t wait long to see this beautiful well cared for home.
Investor Tools
$370,000
Estimated Property Value
$300,667Estimated Mortgage Balance
$69,333Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,220 /month
Positive
Cash Flow Estimate:
$740 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$707/month
$175/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,639
$364,730
2025
$70,000
$294,730
$364,730
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,639
$364,730
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Intercontinental Capital Group Inc
Conventional
$256,500
No
First
May 24, 2021
Jun 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$300,667
$69,333
18%
81%
$1,964/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$2,139/mo
+$511/mo
8.6%
