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Days291Days on Market
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$525,000

950 Shady Cove Pl, DeSoto, TX, 75115

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,014 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$174.19 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Double Oven
FlooringOther

Exterior

Exterior FeaturesRain Gutters
Lot Size14,889 sqft

Building Information

Year Built1974
Stories1
Roof Type105
Garage Spaces2

Land Information

APN20097500020290000
Lot Number29
SubdivisionSouth Meadows 1st Sec
Land UseResidential
Legal DescriptionSOUTH MEADOWS 1ST SEC BLK 2 LOT 29 INT20080084195 DD03132008 CO-DC 0975000202900 4CS09750002
Census Tract016620
Assessed Land Value$60,000
Assessed Improvement Value$277,400
Assessment Year2025

About this property

Welcome to this beautifully updated 4-bed, 3-bath home offering over 3,000 sq ft of single-story living on a quiet cul-de-sac. This one-of-a-kind home blends timeless vintage character with a fresh, modern interior, creating a warm, bright, and inviting atmosphere from the moment you step inside. A sparkling chandelier welcomes you into two spacious living areas filled with natural light. Vaulted ceilings, a dramatic rock fireplace, and modern lighting create an open, inviting atmosphere. The formal dining room features a bold brick accent wall and stylish fixture — perfect for hosting. At the center of the home, the updated kitchen offers a gas cooktop, double ovens, granite counters, a large island, and a butler’s pantry. The window-wrapped breakfast nook is one of the brightest spots in the home, ideal for starting your day with sunlight. A standout feature is the 21' x 10' sunroom — a peaceful, light-soaked space overlooking the backyard. Use it as a reading lounge, plant room, playroom, or second living area. The private primary suite includes its own chandelier, walk-in closet, and ensuite bath with dual vanities and a separate shower. Three additional bedrooms and two full baths provide comfort and flexibility for family, guests, or a home office. Step outside to an expansive covered patio perfect for outdoor dining. The large, tree-lined backyard offers plenty of room to relax and connects directly to a scenic walking path. With fresh paint, porcelain tile, updated hardware, and modern lighting throughout, this home blends timeless charm with today’s style. A side-entry two-car garage and established neighborhood complete the package. If you’re looking for a home that feels bright, open, updated, and truly one-of-a-kind, this is the one.

Investor Tools

$82,149Estimated Mortgage Balance
$438,274Estimated Equity
84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

Interested in this property?

Ray Bobo

Keller Williams Lonestar DFW

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$695/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,739
$337,400
2025
$60,000
$277,400
$337,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,739
$337,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Merchants Home Loan Inc
Unknown
$128,981
No
First
Mar 13, 2008
Apr 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$82,149
$437,851
84%
16%
$875/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$875/mo
+$1,775/mo
6.1%

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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