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$155,000

1427 Honor Dr, DeSoto, TX, 75115

$201,500 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths1,563 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$99.17 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size12,480 sqft

Building Information

Year Built1955
Roof Type105
Garage Spaces1

Land Information

APN60255500020120000
Lot Number12
SubdivisionWint Ergreen
Land UseResidential
Legal DescriptionWINTERGREEN ESTATES 1 BLK B LOT 12 HONOR DR INT201200089263 DD02092012 CO-DC 2555000201200 22025550002
Census Tract016619
Assessed Land Value$40,000
Assessed Improvement Value$198,560
Assessment Year2026

About this property

INVESTOR OPPORTUNITY—CASH BUYERS ONLY! Bring your vision and explore the possibilities this property has to offer. An opportunity for investors looking for their next renovation project or potential addition to a rental portfolio. Customize the improvements to fit your investment strategy and bring this home’s next chapter to life. Property is offered exclusively to investors with cash purchases only. Schedule your showing to evaluate the potential!

Investor Tools

$32,792Estimated Mortgage Balance
$207,337Estimated Equity
86% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$201,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,440 /month
Positive
Cash Flow Estimate:
$480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$263/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,951
$238,560
2026
$40,000
$198,560
$238,560
No

Tax History

Year
Tax Paid
Assessed Value
2026
$1,951
$238,560

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Terry Don Smith
Seller Carryback / Seller Financing / Seller Take-Back
$50,000
No
First
Feb 9, 2012
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$32,792
$207,208
86%
14%
$300/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,250/mo
$300/mo
+$1,950/mo
11.3%

City: DeSoto

1427 Honor Dr | Property Details | No Agent List