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$189,000

1116 Sandalwood Ln, DeSoto, TX, 75115

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,503 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$125.75 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater, Disposal

Exterior

Lot Size4,920 sqft

Building Information

Year Built1984
Roof Type104
Garage Spaces1

Land Information

APN20098790070360000
Lot Number36
SubdivisionSouthpointe
Land UseResidential
Legal DescriptionSOUTHPOINTE BLK 7 LT 36 VOL2000155/0944 DD08042000 CO-DC 0987900703600 22009879007
Census Tract016610
Assessed Land Value$50,000
Assessed Improvement Value$228,800
Assessment Year2026

About this property

Great investor or starter home offering an ideal location near schools' shops and highways. Open floor plan with vaulted ceiling lots of windows atrium and more. A most desired split bedroom arrangement within-suite bathroom walk in closet and dressing area. Enjoy the inviting two-way fireplace complementing both the living and dining area. The galley kitchen is adjacent to the dining area and a serving bar adjacent to the living area. The vaulted ceiling gives way to a comfortable spacious environment to enjoy. The Private atrium complements the open floor plan tremendously while the rear entry two car garage makes coming home easy. The property does need some TLC but the price reflects that. Make this a good investment or a great owner occupancy property with great sweat equity

Investor Tools

$17,440Estimated Mortgage Balance
$261,360Estimated Equity
93% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,673 /month
Positive
Cash Flow Estimate:
$558 /month

Interested in this property?

Anthony Long

Anthony Long Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$233/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,405
$278,800
2026
$50,000
$228,800
$278,800
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,405
$278,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Associates Home Equity Services Inc
N/A
$85,787
N/A
First
Aug 4, 2000
Aug 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$17,440
$261,360
93%
6%
$515/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$515/mo
+$1,515/mo
8.7%

City: DeSoto

1116 Sandalwood Ln | Property Details | No Agent List