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$180,000

316 Ray Ave, DeSoto, TX, 75115

$207,748 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,796 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$100.22 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Gas Range, Microwave, Refrigerator
FlooringCarpet, Laminate, Vinyl

Exterior

Lot Size11,429 sqft

Building Information

Year Built1969
Stories1
Roof Type105
Garage Spaces2

Land Information

APN20041500090010000
Lot Number1
SubdivisionHampton Place
Land UseResidential
Legal DescriptionHAMPTON PLACE ESTATES 2ND INST BLK I LT 1 INT202200174586 DD06232022 CO-DC 0415000900100 4CS04150009
Census Tract016619
Assessed Land Value$70,000
Assessed Improvement Value$195,610
Assessment Year2025

About this property

Welcome to this spacious DeSoto home offering a functional layout with three bedrooms and two full bathrooms. The main living area provides a comfortable gathering space highlighted by a fireplace, while the home also offers an attached garage for convenient parking and storage. The fenced backyard includes a patio area, providing additional outdoor space for relaxing, entertaining, or everyday use. Located in an established residential area with convenient access to major roadways, shopping, dining, parks, and other everyday amenities. This property offers a practical opportunity for a buyer seeking a well-located home with comfortable living space and outdoor functionality. Schedule a showing to see all this home has to offer.

Investor Tools

$0Estimated Mortgage Balance
$287,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$207,747
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,722 /month
Positive
Cash Flow Estimate:
$574 /month

Interested in this property?

Vicki Testerman

Mainstay Brokerage LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$654/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,416
$265,610
2025
$70,000
$195,610
$265,610
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,416
$265,610

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$287,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,030/mo
N/A
+$2,030/mo
8.5%

City: DeSoto

316 Ray Ave | Property Details | No Agent List