504 Sierra Drive, DeSoto, TX 75115
Meadowbrook Estates · Dallas County
Key Facts
Description
Excellent opportunity to acquire a well-maintained investment property featuring one of the most desirable rental floor plans—a 3-bedroom, 2-bath layout that continues to attract strong tenant demand. Currently tenant occupied, this home provides immediate income and is an ideal addition to an existing investment portfolio or a great opportunity for investors seeking a turnkey rental property. Professionally managed and consistently maintained, the property offers an appealing combination of functionality, broad market appeal, and long-term investment potential. Located in an established DeSoto neighborhood with convenient access to major highways, shopping, schools, and employment centers, this home is well-positioned for continued rental demand. This property is also available as part of a professionally managed seven-property Dallas-Fort Worth investment portfolio. Seller welcomes both individual and portfolio inquiries. Rent roll, lease information, and additional due diligence materials are available upon request.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Year Built
1980
Living Area
1,474 sq ft
Lot Size
0.11 acres
Garage Spaces
2
Days on Market
15
MLS® Listing#
21317429
Property Features
Appliances
Cooling
Heating
Fireplace
Parking
Sewer
Water Source
Rooms
- Living Room0 x 0First
- Master Bedroom0 x 0First
Schools
- Elementary:
- Northside
- Middle:
- Desoto West
- High:
- Desoto
- District:
- Desoto ISD
Financial Details
Annual Taxes
$4,902
Parcel Number
20069100180410000
Directions
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Affordability Calculator
$42,000
Estimated monthly payment
$1,118/mo
Principal $168,000 · Est. interest $234,375 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in DeSoto, TX
- $413,235
- Median Listing Price
- 69
- Median Days on Market
- 2,582
- Median Sq Ft
- $164
- Median Price / Sq Ft
- 175
- Active Listings
- This home’s price is 49% below the area median.
- Its price per sq ft is 13% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in DeSoto, TX.
Location
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Points of Interest in DeSoto, TX
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 640 E Pleasant Run Road, DeSoto, TX | $184,900 | 3 | 1 | 1,140 |
| 1414 Aviary Drive, DeSoto, TX | $194,900 | 3 | 2 | 1,308 |
| 805 E Belt Line Road, DeSoto, TX | $199,500 | 2 | 1 | 1,151 |
| 600 Terrace Drive, DeSoto, TX | $200,000 | 4 | 4 | 2,521 |
| 123 EVELYN Street, DeSoto, TX | $225,000 | 3 | 2 | 1,456 |
| 119 Larchbrook Drive, DeSoto, TX | $229,900 | 3 | 2 | 1,277 |
Moving Cost Estimate
EXIT Agents in DeSoto
Listing Courtesy: Blue Atlas Realty - 682-323-0016
Presented by: Allison Guillot
Last Updated: 2026-06-30