$435,000
SOLD SEP 5, 2025
Last list price

801 Summit Dr Desoto, TX 75115

6 Beds
4 Baths
3,068 Sq Ft
0.28 Acres

Recently Sold

$142 Per Sq Ft

40 Days on Market

Highlights

  • 2 Fireplaces
  • 4 Car Attached Garage
  • 1-Story Property
  • Corner Lot
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of September 2025

Investors, Commuters, House Hackers ... This is the one!

You're an investor? This cash flowing, fully occupied, duplex is primed and ready to add to your portfolio.

You have to commute to work? This duplex is a less that 5 minutes to I-35 and only 20 minutes to downtown.

You want to house hack? This full duplex offers 3 bedrooms and 2 bathrooms in each unit. You can live in one unit and have your tenant cover a majority of your rent.

Last Agent to Sell the Property

Keith Stone

Keller Williams Realty Best SW Brokerage Phone: 972-283-8800 License #0662346 Listed on: 06/27/2025

Keller Williams Realty Best SW

Last Buyer's Agent

Nick Premer

Hart of Texas License #0766207

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,349

Year Built

  • Built in 1986

Lot Details

  • 0.28 Acre Lot
  • Wood Fence
  • Corner Lot

Parking

  • 4 Car Attached Garage
  • Alley Access
  • Rear-Facing Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3,068 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Schools

  • The Meadows Elementary School
  • Desoto West Middle School
  • Desoto High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 8 / 3
  • Assessor Parcel Number 20000850030080001

Community Details

Overview

  • 3,068 Sq Ft Building
  • Arbor Place Rev Subdivision

Building Details

  • Gross Income $46,800
  • Net Operating Income $33,120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,349

Year Built

Built in 1986

Lot Details

0

Parking

4

Listing Details

  • OWNERNAME: See offer instructions
  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Year Built Details: Preowned
  • Attribution Contact: 972-283-8800
  • CapRate: 7.61
  • Co List Office Mls Id: DCLE01
  • HumanModifiedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48113:20000850030080001
  • Special Features: None
  • Year Built: 1986

Interior Features

  • Square Footage: 3068.0
  • Fireplace Features: Wood Burning
  • Interior Amenities: High Speed Internet, Cable TV
  • Flooring: Carpet, Ceramic Tile
  • Appliances: Dishwasher, Electric Range
  • Fireplaces: 2

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 6

Exterior Features

  • Foundation: Slab
  • Fencing: Wood
  • Roof: Composition
  • Construction Materials: Brick, Frame
  • Pool Features: None
  • Waterfront: No

Garage/Parking

  • Cooling System: Central Air
  • Garage Spaces: 4.0
  • Total Covered Spaces: 4.0
  • Parking Features: Alley Access, Garage Faces Rear
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Central
  • Utilities: Sewer Available, Water Available, Cable Available
  • Heating Yn: Yes

Schools

  • Elementary School: The Meadows
  • High School: Desoto
  • Junior High Dist: Desoto ISD

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Units: Acres
  • Lot Size Area: 0.284
  • Parcel Number: 20000850030080001
  • Lot Size Acres: 0.284
  • Lot Size Sq Ft: 12371.04

Building Info

  • Year Built: 1986
  • Units Total: 2
  • SeniorCommunityYN: No

Multi Family

  • Insurance Expense: 6000.0
  • Annual Gross Income: 46800.0
  • Property Net Operating Income: 33120.0

Tax Info

  • TaxBlock: 3
  • Tax Lot: 8
  • Tax Annual Amount: 5349.0

MLS Schools

  • MiddleOrJuniorSchool: Desoto West

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2025
Closed on
Sep 5, 2025
Sold by
Proctor Rachel
Bought by
Tallapaneni Kalyan
Seller's Agent
Keith Stone
Keller Williams Realty Best SW
Buyer's Agent
Nick Premer
Hart of Texas
List Price
$435,000
Views
67
Current Estimated Value
$381,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-32.60%
Original Mortgage
$399,000
Outstanding Balance
$399,000
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
-$17,111

Purchase Details

Closed on
Dec 29, 2011
Sold by
Micheltree Jo N
Bought by
Micheltree Jo N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,050
Interest Rate
4.03%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Interfamily Deed Transfer -- Ult
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $399,000 New Conventional
Previous Owner $92,050 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2025 09/05/25 Sold -- -- --
08/17/2025 08/17/25 Pending -- -- --
07/07/2025 07/07/25 For Sale $435,000 -- $142 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,756 $234,270 $30,000 $204,270
2024 $4,756 $234,270 $30,000 $204,270
2023 $4,756 $206,510 $25,000 $181,510
2022 $5,203 $206,510 $25,000 $181,510
2021 $4,006 $148,000 $17,500 $130,500
2020 $4,561 $158,880 $17,500 $141,380
2019 $3,751 $130,790 $15,000 $115,790
2018 $3,348 $115,980 $10,000 $105,980
2017 $2,718 $95,060 $10,000 $85,060
2016 $2,395 $83,740 $8,000 $75,740
2015 $2,214 $76,580 $8,000 $68,580
2014 $2,214 $76,580 $8,000 $68,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20983339

North Texas Real Estate Information Systems (NTREIS)

APN: 20000850030080001