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DeSoto 75115
712 Snapdragon Lane
$425,800
● House - Off Market

712 Snapdragon Lane

DeSoto, TX 75115
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
3,358 Ft²
$2,933
Est. Monthly
$18
HOA / Fees
4.55%
Cap Rate

About This Property

Beautiful Home With Many Areas For Family Gatherings Entertaining Inside And Out 9ft Ceilings With 8FT Doors In The First Floor.  Front Porch Sitting Area, Covered Back Patio With Round Around Sitting Areas For The Fire Pit, Lots Of Cabinets For Storage, large kitchen with island, Lots Of Natural Light, inset sink and walk in pantry. This Open Floor Plan Has Plenty Of Windows Facing The Private Back Yard. Above Ground Pool Will Stay As Well As The Fridge In The Kitchen And The Security System.
Unit Size
3,358 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$128
Property Type
House
Property Taxes
$804
HOA Dues
$18
Year Built
2016

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Cap Rate Calculator

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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: 3 years ago (NTREIS #20645069)

Price History

Date / Event Date Event Price
Jul 12, 2024 Sold
Premium
Sold
Jun 19, 2024 In contract -
In contract
Jun 13, 2024 Listed by eXp Realty LLC $429,900
Listed by eXp Realty LLC

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 1
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,897
  • Total Building Area: 3,820
  • Building Area: 3,358
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,358
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUMMER MEADOW PH 4
  • Land Acres: 0000000204
  • Standard Land Use Code: 1001
  • County Land Use Code: A11
  • State Land Use Code: A11
  • Legal Description 1: SUMMER MEADOW PH 4 BLK S LT 4 INT201600312064 DD11012016 CO-DC 0998200S00400 4CS0998200S

Neighborhood

  • School District Name: DeSoto Independent School District
  • School Tax School District: DESOTO ISD
  • Census Tract: 016621

Zoning

  • Zoning: Z236

Geography

  • Assessors Map Reference: 200998200S00400
  • Account Number: 200998200S00400
  • Parcel: 20-09982-00S-004-0000
  • Block: S
  • Lot: 4
  • Municipality: DESOTO
  • Latitude: 32.5719
  • Longitude: -96.8428

    Address

  • Full Address: 712 Snapdragon Ln
  • Address - House Number: 712
  • Address - Street Name: Snapdragon
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Desoto
  • Carrier Code: R003
  • 4-Digit Zip Code: 6676
  • Zip Code: 75115

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $706,238
  • Tax Rate Code Area: SS

    Appraisal Valuation

  • Standard Deviation: 0.2093
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 71
  • Final Value: 441,305
  • High Value: 533,691
  • Low Value: 348,918

    Market Valuation

  • Market Total Value: $418,770
  • Market Land Value: $70,000
  • Market Improvement Value: $348,770

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $418,770
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $348,770

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 31, 2016
  • Current Sale Recording Date: Nov 04, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 201600312064
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About DeSoto

Stats & Trends

Median Asking:

$346,899

Sale Price/ft²

$151

Below Asking

0.02%

Average Days on Market

73

Average Home Size

2678 ft²

Average Home Age

24 years

Currently For Sale

180 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1209 Wentwood Drive, DeSoto, TX, 75115

$2,615 /mo

  • 4 Beds
  • 2 Baths
  • 2,846 ft²
1209 Wentwood Drive, DeSoto, TX, 75115 Listing by Kendrea Richmond
Unit for rent at 1506 Waters Edge Drive, Glenn Heights, TX, 75154

$2,400 /mo

  • 4 Beds
  • 2 Baths
  • 1,592 ft²
1506 Waters Edge Drive, Glenn Heights, TX, 75154 Listing by Alvin Ransom

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Eric Garcia, eXp Realty LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20645069
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 712 Snapdragon Lane built and last sold?
The property at 712 Snapdragon Lane was built in 2016 and last sold on Oct 31, 2016 for $279,700.
How much is this home worth?
The estimated value of the home located at 712 Snapdragon Lane is $0.
What are some comparable homes to 712 Snapdragon Lane?
There are currently no comparable homes to 712 Snapdragon Lane.
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