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$360,000

1026 Rio Vista Dr, DeSoto, TX, 75115

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,227 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$161.65 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range, Disposal
FlooringLaminate

Exterior

Lot Size8,616 sqft

Building Information

Year Built2014
Roof Type105
Garage Spaces2

Land Information

APN200701800D0190000
Lot Number19
SubdivisionMockingbird Hill Sec
Land UseResidential
Legal DescriptionMOCKINGBIRD HILL SEC 6 BLK D LT 19 INT201400168222 DD07032014 CO-DC 0701800D01900 4CS0701800D
Census Tract016621
Assessed Land Value$60,000
Assessed Improvement Value$295,260
Assessment Year2026

About this property

Welcome to this Beautiful maintained 4-bedroom, 2-bath home offering comfort, convenience, and valuable upgrades. The home features remolded laminate flooring in the living and dining areas, creating an inviting space for everyday living and entertaining. Spacious backyard and open concept and added benefits of paid off solar panels and a whole home water filtration system. Ideally located with easy access to I-35, this home is just minutes from retail shopping, fast food, and a variety of dine in restaurants. Resident can also enjoy nearby Desoto's newest recreation facility, The ARC, featuring and indoor swimming pool, kiddie pool gym, and additional recreation amenities. A wonderful opportunity to enjoy a well appointed home in convenient Desoto location! Bring your pickiest buyer Beautiful home in and out! Call seller direct for appt (318) 614-8428

Investor Tools

$209,236Estimated Mortgage Balance
$146,024Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,160 /month
Positive
Cash Flow Estimate:
$720 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$669/month
$13/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,251
$355,260
2026
$60,000
$295,260
$355,260
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,251
$355,260

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Conventional
$230,000
No
First
Jan 17, 2022
Jan 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$209,236
$146,024
41%
59%
$1,379/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$1,392/mo
+$1,258/mo
9.0%

City: DeSoto