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$260,000

828 Red Bud Dr, DeSoto, TX, 75115

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,162 Sq Ft
DuplexDuplex
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Range, Gas Water Heater
FlooringCarpet, Laminate, Simulated Wood

Exterior

Lot Size10,588 sqft

Building Information

Year Built1983
Stories2
Roof Type105

Land Information

APN20049800030110000
Lot Number11
SubdivisionHampton Square Heights
Land UseResidential
Legal DescriptionHAMPTON SQUARE HEIGHTS BLK 3 LOT 11 INT202300162380 DD08112023 CO-DC 0498000301100 4CS04980003
Census Tract016618
Assessed Land Value$45,000
Assessed Improvement Value$215,050
Assessment Year2025

About this property

Excellent opportunity to begin or expand your real estate investment portfolio! This duplex features a 2 bedroom and 1 and a half bath set up for each unit. Both units are currently leased.

Investor Tools

Property Icon
$260,050
Estimated Property Value
$199,800Estimated Mortgage Balance
$65,886Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,560 /month
Positive
Cash Flow Estimate:
$520 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$603/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,938
$260,050
2025
$45,000
$215,050
$260,050
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,938
$260,050

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
V I P Mortgage Inc
Conventional
$199,800
No
First
Oct 31, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,164
$65,886
25%
75%
$1,198/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$1,198/mo
+$1,452/mo
12.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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828 Red Bud Dr | Property Details | No Agent List