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6 Bed(s)
4 Full Bath(s)
6,360 Lot Sqft.
Multi-Family - Duplex
35 Day(s) on HAR.com

General Description

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Incredible Investment Opportunity! 3 BR Duplexes, 2 Units, are tenant occupied and leases will need to be honored after purchase. One tenant has occupied property for 9 years and the other 7 years. Current lease agreement is through July 31, 2019 for 404 and May 31, 2020 for 406. HVAC replaced in both units in 2017. Easy Access to I35, Desoto Schools and shopping.

MLS#:
14013535 (NTREIS)
Sold Price Range:
$285,001 - $325,000
Listing Status:
Sold
Address:
406 Amber Ln
City:
Desoto
State:
TX
Zip Code:
County:
Subdivision:
Park Ridge Estates
Legal Description:
PARK RIDGE ESTATES BLK 12 LT 2A INT2005035677
Property Type:
Multi-Family - Duplex
Bedrooms:
6 Bedroom(s)
Baths:
4 Full Bath(s)
Stories:
1
Year Built:
2001 /Appraisal District
Lot Size:
6,360 Sqft. /Appraisal District


Interior Features

Fireplace:
2/Electric
Floors:
Carpet, Ceramic Tile
Heating:
Central Air-Elec, Central Heat-Elec
Security System:
Smoke Detector
Other Equipment:
Cooktop - Electric, Dishwasher, Disposal, Oven-Electric, Water Line to Refrigerator
Energy Feature:
13-15 SEER AC, Ceiling Fans, Double Pane Windows, High Efficiency Water Heater, Programmable Thermostat
Interior:
Cable TV Available, High Speed Internet Available, Window Coverings


Exterior Features

Roof:
Composition
Foundation:
Slab
Private Pool:
No
Exterior Type:
Brick
Lot Description:
Landscaped, Subdivision
Parking:
Attached, Garage Door Opener, Rear
Fencing:
Wood
Utility:
Alley, All Weather Road, City Sewer, City Water, Community Mailbox, Concrete, Curbs, Master Water Meter
Exterior:
Patio Open, Separate Entry Quarters, Sprinkler System


Financial Information

Financing Considered:
Cash, Conventional, FHA, Texas Vet, VA


Source
North Texas Real Estate Information Systems, Inc.

Property Tax

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Cost/sqft based on Tax Value
Tax Year Cost/sqft Tax Assessment Change
2018 $-- $133,320 0.00%
2017 $-- $133,320 0.00%
2016 $-- $133,320 9.76%
2015 $-- $121,460 0.00%
2014 $-- $121,460 0.00%
2013 $-- $121,460
2018 Dallas County Appraisal District Tax Value
Market Land Value: $17,000
Market Improvement Value: $116,320
Total Market Value: $133,320

Tax History
2018 Assessed Value/Appraisal District: $133,320
2017 Assessed Value/Appraisal District: $133,320
2016 Assessed Value/Appraisal District: $133,320
2015 Assessed Value/Appraisal District: $121,460
2014 Assessed Value/Appraisal District: $121,460
2013 Assessed Value/Appraisal District: $121,460
2018 Tax Rates
DALLAS COUNTY: 0.2531 %
DESOTO: 0.7214 %
DESOTO ISD: 1.4900 %
PARKLAND HOSPITAL: 0.2794 %
DALLAS CNTY COMMUNITY COLLEGE: 0.1240 %
Total Tax Rate: 2.8679 %
dallas County Appraisal District

Estimated Mortgage/Tax

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$1,713 Monthly
Estimated Monthly Principal & Interest (Based on the calculation below) $ 1,394
Estimated Monthly Property Tax (Based on Tax Assessment 2018) $ 319
Home Owners Insurance Get a Quote
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Schools

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School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

ASSIGNED SCHOOLS
Desoto East Middle (Isteam) Middle . 06 - 08 . DESOTO ISD
Average |
Desoto H S & Isteam3d High . 09 - 12 . DESOTO ISD
Average |

View Nearby Schools

406 Amber Ln Desoto TX 75115 was recently sold. It is a 0.15 Acre(s) Lot, 6 Beds, 4 Full Bath(s) in Park Ridge Estates.

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