tomo logo

$399,999

Beds
4
Baths
3.0
sq ft
2,730

525 N Parks Dr, Desoto, TX 75115

525 N Parks Dr

DeSoto, TX 75115

  • 2 days on market
    • Open house Apr 13
VA Assumable Loan at an Incredible 3.625%! Ask the agent how you can take advantage of this amazing opportunity! Welcome to your dream home, perfectly situated on nearly half an acre and backing up to a peaceful greenbelt for ultimate privacy. This beautifully updated two-story home is move-in ready with a brand-new AC and water heater (2024), fresh paint, and all-new lighting throughout. Thoughtful upgrades, including modern faucets, door hardware, hinges, locks, and toilets, bring a stylish, refreshed feel to every space. Step inside to an inviting, open-concept layout designed for effortless entertaining. The kitchen, breakfast nook, and family room all showcase picturesque backyard views—ideal for sipping your morning coffee in serenity. All bedrooms are upstairs, creating a private retreat while keeping the main level free for gathering and hosting. And if you’ve been dreaming of a backyard oasis, this spacious lot is pool-ready! Opportunities like this don’t come often—schedule your tour today before this beauty is gone!

Details

Property type

Single Family Residence

Est. home value

$387,704

Lot size

0.399 acres

Price per sq ft

$147

Year built

1999

Annual property taxes

$9,411

Price History

04/01/2025
NTREIS

NTREIS #20884753

Listed
$399,999
01/07/2022
NTREIS

NTREIS #14681450

Removed

Schools & Community

Elementary school: 

The Meadows

Middle school: 

Desoto West

High school: 

Desoto

School district: 

Desoto ISD

Negotiation Insights

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

Seller could get up to

$50,867
Asking price
$399,999
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$317,132
Cash to seller
$50,867

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Mortgage Research Center Llc

Loan start date

January 2022

Original loan amount

$340,000

Est. remaining balance

$317,132

Interest rate

3.1%

Loan type

VA, 30 year

Seller

Anirak Torres and Mercedez Torres

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?

Status: Active

Tomo last checked: 04/03/2025 at 6:30 PM

Listing updated: 04/02/2025 at 8:21 PM

Listed by: Matthew Crites, Coldwell Banker Realty Phone #: (817) 924-4144

MLS: NTREIS #20884753

NTREIS logo

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