$319,450
●
House -
Off Market
419 Ray Avenue
DeSoto, TX 75115
4 Beds
2 Baths
2,192 Ft²
$1,596
Est. Monthly
About This Property
***SELLER IS OFFERING A $5,000 CONCESSION TO HELP WITH RATE BUY
DOWN WITH ACCEPTABLE OFFER***Welcome to your dream home in Desoto,
Texas! This exceptional property offers a perfect blend of modern
features, spacious living areas, and eco-friendly amenities. With
four bedrooms, two bathrooms, and the added benefit of a paid-off
solar panel lease, allowing you to enjoy energy-efficient living
while significantly reducing your carbon footprint. The luxurious
master bedroom offers a serene retreat with generous space, a
walk-in closet, and an en-suite bathroom, complete with a soaking
tub and shower combo. Three well-proportioned bedrooms provide
ample space for family members or can be transformed into home
offices or guest rooms. Step outside to a beautifully landscaped
backyard, perfect for relaxing or hosting outdoor activities. Enjoy
the Texas weather on the patio or create your own garden oasis.
This house presents a fantastic opportunity for comfortable and
sustainable living.
Unit Size
2,192 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$148
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1971
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (NTREIS #20355580)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 18, 2023 | Sold | ||
| Sold | |||
| Jun 14, 2023 | Listed by Ebby Halliday, REALTORS | $324,999 | |
| Listed by Ebby Halliday, REALTORS | |||
| | |||
|
***SELLER IS OFFERING A $5,000 CONCESSION TO HELP WITH RATE BUY DOWN WITH ACCEPTABLE OFFER***Welcome to your dream home in Desoto, Texas! This exceptional property offers a perfect blend of modern features, spacious living areas, and eco-friendly amenities. With four bedrooms, two bathrooms, and the added benefit of a paid-off solar panel lease, allowing you to enjoy energy-efficient living while significantly reducing your carbon footprint. The luxurious master bedroom offers a serene retreat with generous space, a walk-in closet, and an en-suite bathroom, complete with a soaking tub and shower combo. Three well-proportioned bedrooms provide ample space for family members or can be transformed into home offices or guest rooms. Step outside to a beautifully landscaped backyard, perfect for relaxing or hosting outdoor activities. Enjoy the Texas weather on the patio or create your own garden oasis. This house presents a fantastic opportunity for comfortable and sustainable living.
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About DeSoto
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Listed by: Cassandra Jones, Ebby Halliday, REALTORS
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20355580
Details provided by NTREIS and may not match the public record
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20355580
Details provided by NTREIS and may not match the public record
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