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$220,000

1129 Evergreen Cir, DeSoto, TX, 75115

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,342 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$163.93 / sqft
Year BuiltBuilt in 1982

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, Disposal
FlooringCarpet, Ceramic Tile

Exterior

Lot Size10,800 sqft

Building Information

Year Built1982
Roof Type105
Garage Spaces2

Land Information

APN20003600020190000
Lot Number19
SubdivisionBeltwoods
Land UseResidential
Legal DescriptionBELTWOODS BLK B LOT 19 VOL99004/2434 DD12231998 CO-DC 0036000201900 4CS00360002
Census Tract016620
Assessed Land Value$65,000
Assessed Improvement Value$185,000
Assessment Year2026

About this property

Great Investment Opportunity in DeSoto Welcome to this fantastic 3 bedroom 2 bathroom home situated on an oversized lot of nearly a quarter acre in desirable DeSoto Texas. Offering a solid layout and spacious living spaces, this property is in good overall condition with all major systems functioning well making it the ideal candidate for an investor looking for their next project or a buyer looking to make cosmetic updates and build instant equity. Property Highlights 3 Spacious Bedrooms and 2 Full Bathrooms with generous room sizes and plenty of natural light. Oversized Lot with almost 0.25 acres providing ample space for outdoor entertaining gardening or expansion. Solid Bones where all major components are in good condition and the home just needs modern cosmetic updates to unlock its full potential. Prime DeSoto Location conveniently located near local amenities shopping dining and major highways for easy commuting. Property is being sold AS IS. Seller will make no repairs. Bring your vision and design ideas to make this home truly shine. For faster response please text listing agent with all questions

Investor Tools

$62,250Estimated Mortgage Balance
$211,750Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,644 /month
Positive
Cash Flow Estimate:
$548 /month

Interested in this property?

Alvin Culberson

Real Broker, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$659/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,540
$250,000
2026
$65,000
$185,000
$250,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,540
$250,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Investment Mortgage
N/A
$78,168
N/A
First
Feb 24, 2017
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$62,250
$211,750
77%
23%
$469/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
$469/mo
+$1,561/mo
8.9%

City: DeSoto