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$439,900

500 Spinner Rd, DeSoto, TX, 75115

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,846 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$154.57 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

BankruptcyAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Disposal, Microwave
FlooringCeramic Tile, Luxury Vinyl Plank

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Entrance, Private Yard, Rain Gutters
Lot Size1.04 acres

Building Information

Year Built1972
Stories1
Roof Type105
Garage Spaces2

Land Information

APN65056266810590000
SubdivisionZebedee Heath Survey Abstract #562
Land UseResidential
Legal DescriptionZEBEDEE HEATH ABST 562 PG 668 TR 59 ACS 1.0376 INT202400128044 DD06242024 CO-DC 0562668105900 4CS05626681
Census Tract016618
Assessment Year2026

About this property

Discover your private retreat in the heart of DeSoto! Nestled on over an acre behind an electric gate, this beautifully updated 4-bedroom, 3-bath residence offers an exceptional combination of space, privacy, and convenience, just minutes from downtown Dallas. Surrounded by mature shade trees, the property creates a secluded, park-like setting with no rear neighbors and a picturesque creek nearby. Inside, an expansive open-concept design seamlessly connects the kitchen, breakfast area, and main living space, creating the perfect environment for entertaining and everyday living. A second living area provides additional flexibility for relaxation, recreation, or movie nights. The generously sized primary suite offers a peaceful escape, complete with two separate showers. Recent improvements include newer windows, adding to the home's appeal. Step outside to your own backyard oasis featuring an impressively oversized swimming pool, expansive outdoor space, and beautiful natural surroundings. Whether hosting unforgettable gatherings or enjoying a quiet evening at home, this unique property delivers the best of both worlds. A rare opportunity to own over an acre of secluded living in DeSoto!

Investor Tools

$296,255Estimated Mortgage Balance
$106,335Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,639 /month
Positive
Cash Flow Estimate:
$880 /month

Interested in this property?

Eric Enge

Eric Gerard Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$934/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,190
$402,590
2026
N/A
N/A
$402,590
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,190
$402,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Fha
$309,311
Yes
First
Jun 26, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$296,255
$106,335
26%
74%
$1,855/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$1,855/mo
+$795/mo
7.9%

City: DeSoto

500 Spinner Rd | Property Details | No Agent List