Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$260,000

504 Pheasant Ln, DeSoto, TX, 75115

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths1,975 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$131.65 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDouble Oven, Electric Cooktop, Electric Oven, Disposal, Gas Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Other

Exterior

Lot Size10,965 sqft

Building Information

Year Built1981
Roof Type105
Garage Spaces2

Land Information

APN20099600030130000
Lot Number13
SubdivisionSpring Meadows Rev
Land UseResidential
Legal DescriptionSPRING MEADOWS REV BLK C LOT 13 INT201300098320 DD03292013 CO-DC 0996000301300 4CS09960003
Census Tract016620
Assessed Land Value$55,000
Assessed Improvement Value$293,020
Assessment Year2026

About this property

Welcome to 504 Pheasant Lane, a spacious 4-bedroom, 2.5-bath home offering nearly 2,000 square feet of living space on an oversized quarter-acre lot in an established DeSoto neighborhood. Priced to offer an exceptional opportunity at this price point, the home features a large family room, formal dining area, breakfast room, and a bright sunroom that adds valuable additional space for relaxing, entertaining, or everyday living. The generously sized primary suite offers direct access to the back patio, while the fourth bedroom provides flexibility as a guest room, home office, or additional living space. Outside, the large backyard offers plenty of room to enjoy, entertain, play, or create your own outdoor retreat. Conveniently located near I-35E, the property provides easy access into Dallas while remaining close to major shopping, dining, schools, and entertainment throughout DeSoto and the surrounding area. The home is also zoned to DeSoto High School, well known for its highly accomplished athletic programs. With 4 bedrooms, multiple living and dining spaces, nearly 2,000 square feet, and an oversized lot, 504 Pheasant Lane delivers a combination of space, location, and value that is increasingly difficult to find at this price point.

Investor Tools

$82,602Estimated Mortgage Balance
$265,418Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,088 /month
Positive
Cash Flow Estimate:
$696 /month

Interested in this property?

Aaron Shockey

Serhant Texas, LLC

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$608/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,555
$348,020
2026
$55,000
$293,020
$348,020
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,555
$348,020

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Fha
$122,735
Yes
First
Mar 29, 2013
Apr 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$82,602
$265,418
76%
24%
$417/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$417/mo
+$2,233/mo
9.1%

City: DeSoto

504 Pheasant Ln | Property Details | No Agent List