816 Terrace Dr Desoto, TX 75115
Estimated payment $1,104/month
About This Lot
Build your dream home or investment property on this rare 1-acre lot zoned 2-F Two-Family Residential, allowing for either a custom single-family residence or a duplex. With generous dimensions of 115 x 406 (1.01 acres), this deep, mostly level lot offers endless design possibilities for a spacious one-story layout or multi-unit development.
Public utilities—including electricity, gas, water, and sewer—are available at the front of the property for convenient connection. Enjoy direct public street access via Terrace Dr. The lot has no easements or special assessments, giving you full use of the space and maximum flexibility.
A prime opportunity for builders, developers, or those looking to create their ideal home—don’t miss out!
Listing Agent
Brownstone Real Estate Group Brokerage Phone: 972-799-1997 License #0785429 Listed on: 12/09/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,512
Lot Details
- 1 Acre Lot
- Zoning described as Multifamily & Residential
Schools
- Amber Terrace Elementary School
- Desoto High School
Utilities
- Central Heating
- Cable TV Available
Community Details
- Terrace Drive Subdivision
Listing and Financial Details
- Legal Lot and Block 3 / A
- Assessor Parcel Number 201025500A0030000
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,512 | $110,000 | $110,000 | -- |
| 2024 | $2,512 | $110,000 | $110,000 | -- |
| 2023 | $2,512 | $112,500 | $112,500 | $0 |
| 2022 | $1,890 | $75,000 | $75,000 | $0 |
| 2021 | $1,353 | $50,000 | $50,000 | $0 |
| 2020 | $1,435 | $50,000 | $50,000 | $0 |
| 2019 | $1,434 | $50,000 | $50,000 | $0 |
| 2018 | $1,443 | $50,000 | $50,000 | $0 |
| 2017 | $1,430 | $50,000 | $50,000 | $0 |
| 2016 | $1,430 | $50,000 | $50,000 | $0 |
| 2015 | $730 | $50,000 | $50,000 | $0 |
| 2014 | $730 | $25,250 | $25,250 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/09/2025 12/09/25 | For Sale | $170,000 | +30.8% | -- | |
| 09/29/2021 09/29/21 | Sold | -- | -- | -- | View Prior Sale |
| 08/20/2021 08/20/21 | Pending | -- | -- | -- | |
| 08/09/2021 08/09/21 | Price Changed | $130,000 | -16.1% | -- | |
| 06/18/2021 06/18/21 | For Sale | $155,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Deed | -- | Independence Title | |
| Vendors Lien | -- | Old Republic Title | |
| Vendors Lien | -- | Ort |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $482,000 | Construction | |
| Previous Owner | $600,000 | Construction | |
| Previous Owner | $335,000 | Commercial | |
| Previous Owner | $50,000 | New Conventional |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21128776
APN: 201025500A0030000
- 409 E Parkerville Rd
- 504 Amber Ln
- 506 Amber Ln
- 240 Wesley Dr
- 241 Wesley Dr
- 403 Tealridge Ct
- 500 Pidgeon Ct
- 1202 Heron Ct
- 609 Flagstaff Dr
- 616 Jewelflower Dr
- 1301 Mallard Dr
- 728 Jewelflower Dr
- 403 E Parkerville Rd
- 785 Eldorado Dr
- 806 E Parkerville Rd
- 613 Fern Dr
- 428 Saddle Head Dr
- 602 Aviary Dr
- 508 Desoto Dr
- 416 Newcastle Dr
- 521 E Robin Ct Unit ID1056455P
- 715 S Parks Dr
- 516 Maywood Ln Unit ID1056401P
- 525 E Jay Ct
- 605 Snowy Orchid Ln
- 720 Duke Dr
- 210 Warbler Dr
- 1117 Beeblossom Dr
- 150 Valleyglen Dr
- 608 Canyon Place
- 708 Azalea Dr Unit ID1310919P
- 841 S Polk St
- 773 Eldorado Dr
- 1414 Pintail Dr
- 612 Desoto Dr
- 1505 Nightingale Ct
- 1509 Dreama Dr
- 932 Matagorda Ln
- 222 S Hampton Rd Unit 204
- 712 Claire View Dr