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$1,200,000

Beds
5
Baths
5.0
sq ft
8,153

1735 W Belt Line Rd, Desoto, TX 75115

1735 W Belt Line Rd

DeSoto, TX 75115

  • 36 days on market
Perfect for an in-town family retreat, multi-generational living or future developement. Expansive single story home on 3.7 acres with pond. 5-bdrm, 3-bath, indoor swimming pool w- retractable roof & detached racquetball court. There is currently an office setup where there was previously an attached guest quarters with its own entrance and separate full kitchen. Expansive auditorium with vaulted ceilings currently setup as a chapel but is also ideal for a media room. Adjacent is a large 2nd room perfect for game room. Updated kitchen, bathrooms & flooring in the main house. An abundance of additional storage. Property currently used as a church-parsonage. Check with city regarding other zoning options. Also a great opportunity for a developer. There is proposed future use for the area noted by the city for Mid Density Use (duplexes up to 4 plexes.) Perfect for in-town family retreat or multi-generational living!

Details

Property type

Single Family Residence

Lot size

3.715 acres

Price per sq ft

$148

Year built

1977

Price History

11/16/2024
NTREIS

NTREIS #20775992

Listed
$1,200,000

Schools & Community

Elementary school: 

Cockrell Hill

Middle school: 

Curtistene S Mccowan

High school: 

Desoto

Community features: 

Racquetball

School district: 

Desoto ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Aegis Funding Corp

Loan start date

March 2004

Original loan amount

$250,400

Est. remaining balance

Not provided

Interest rate

7.45%

Loan type

Commercial, 30 year

Seller

Lorita Davis

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/23/2024 at 4:30 AM

Listing updated: 11/18/2024 at 7:52 AM

Listed by: Jeannie Nethery, Briggs Freeman Sotheby's Int'l Phone #: (214) 350-0400

MLS: NTREIS #20775992

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