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DeSoto 75115
916 Bluebonnet Drive
$405,000
● House - Off Market

916 Bluebonnet Drive

DeSoto, TX 75115
bedrooms
4 Beds
bathrooms
0 Bath
square feet
3,277 Ft²
$419,659
RealtyHop Estimate
5.18%
Since Feb 1, 2022
TX-Dallas
Primary Model

About This Property

Majestic Red Brick 2 Story on Huge Quarter Acre Corner Lot. 4 Bedroom and 4 FULL Baths. Oversized Marble Tile Porches. STORM SHELTER Professionally Installed. 25x 35 Half Court Basketball Court. Electronic Rollaway Gate to ally with Remote Gate Opener and Security Lighting. Keystone Accents and Custom Decorative Shutters. Premium Wood Flooring Throughout First Floor. Granite Counter Tops. Unbelievable Pantry. HUGE MASTER SUITE with Separate Sitting Room. Luxurious Master Bath with Walk In Closet. Marble Tile Bath with Double Vanities and Designer Fixtures. Schedule today as this won't last long. Ask for the link to the Matterport Dollhouse Tour.
Unit Size
3,277 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$122
Property Type
House
Property Taxes
$684
HOA Dues
$8
Year Built
2015

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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 #14726696)

Price History

Date / Event Date Event Price
Jan 27, 2022 Sold
Premium
Sold
Dec 14, 2021 Listed by Hi View Real Estate $399,000
Listed by Hi View Real Estate

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • 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: 441
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,046
  • Total Building Area: 3,718
  • Building Area: 3,277
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,277
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUMMER MEADOW PH 3
  • Land Acres: 0000000254
  • Standard Land Use Code: 1001
  • County Land Use Code: A11
  • State Land Use Code: A11
  • Legal Description 1: SUMMER MEADOW PH 3 BLK H LT 5 INT202200026353 DD01272022 CO-DC 0998200H00500 4CS0998200H

Neighborhood

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

Zoning

  • Zoning: Z236

Geography

  • Assessors Map Reference: 200998200H00500
  • Account Number: 200998200H00500
  • Parcel: 20-09982-00H-005-0000
  • Block: H
  • Lot: 5
  • Municipality: DESOTO
  • Latitude: 32.5742
  • Longitude: -96.8449

    Address

  • Full Address: 916 Bluebonnet Dr
  • Address - House Number: 916
  • Address - Street Name: Bluebonnet
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Desoto
  • Carrier Code: R003
  • 4-Digit Zip Code: 6697
  • Zip Code: 75115

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $708,313
  • Tax Rate Code Area: SS

    Appraisal Valuation

  • Standard Deviation: 0.2185
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 70
  • Final Value: 411,115
  • High Value: 500,968
  • Low Value: 321,263

    Market Valuation

  • Market Total Value: $406,780
  • Market Land Value: $50,000
  • Market Improvement Value: $356,780

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $406,780
  • Assessed Land Value: $50,000
  • Assessed Improvements Value: $356,780

    Sales

  • Current Sale Contract Date: Nov 10, 2022
  • Current Sale Recording Date: Nov 11, 2022
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 292583
  • Previous Sale Recording Date: Jan 27, 2022
  • Previous Sale Contract Date: Jan 27, 2022
  • Previous Sale Amount: $332,500
  • Previous Sale Document Type: 27
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:

$348,260

Sale Price/ft²

$150

Below Asking

0.02%

Average Days on Market

73

Average Home Size

2702 ft²

Average Home Age

22.5 years

Currently For Sale

189 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 1941 Silverleaf Drive, Glenn Heights, TX, 75154

$2,500 /mo

  • 4 Beds
  • 3 Baths
  • 2,462 ft²
1941 Silverleaf Drive, Glenn Heights, TX, 75154 Listing by Asher Emmanuel

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: John Smith, Hi View Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14726696
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 916 Bluebonnet Drive built and last sold?
The property at 916 Bluebonnet Drive was built in 2015 and last sold on Nov 10, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 916 Bluebonnet Drive is $409,812.
What are some comparable homes to 916 Bluebonnet Drive?
There are currently no comparable homes to 916 Bluebonnet Drive.
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