508 Desoto Drive
About This Property
Welcome to this stunning, newly renovated property offering the perfect blend of comfort, style, and functionality. From the moment you walk in, you'll appreciate the bright, welcoming atmosphere-ideal for everyday living and perfect for entertaining.
This spacious home features 4 bedrooms and 2.5 bathrooms, providing plenty of room for a growing family. With approximately 2,600 square feet, you'll enjoy generous living areas for relaxing, hosting, and making lasting memories. The primary suite includes access to a beautiful private deck, perfect for morning coffee or evening unwinding. The fenced backyard offers ample space for outdoor enjoyment. This home is sitting on almost a quarter of acre.
Highlights include:
Large, modern kitchen with island
New appliances
Two fireplaces
Spacious 2-car garage
Private deck off the primary suite
Large backyard with a sparkling swimming pool
All new flooring
Recessed lighting has been newly installed
Home features newly added window treatments
Located in desirable Desoto, TX, this beautifully updated home is truly a must-see!
Contact The Right Realtors for a tour of this beautiful property.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 22, 2025 | Sold | ||
| Sold | |||
| Nov 21, 2025 | Listed by THE RIGHT REALTORS LLC | $394,500 | |
| Listed by THE RIGHT REALTORS LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017