412 Spinner Rd, Desoto, TX 75115
- $450,000
- 2
- BD
- 2
- BA
- 1,905
- SqFt
- List Price
- $450,000
- MLS#
- 21291967
- Status
- ACTIVE UNDER CONTRACT
- Type
- Single Family Residential
- Subtype
- Residential
- Style
- Traditional, Detached
- Year Built
- 1966
- Construction Status
- Preowned
- Bedrooms
- 2
- Full Baths
- 2
- Acres
- 1
- Living Area
- 1,905
- County
- Dallas
- City
- Desoto
- Subdivision
- Northwest Estates
- Number of Stories
- 1
- Architecture Style
- Traditional, Detached
Property Description
Rare opportunity offering incredible flexibility and built-in income potential! Situated on a beautifully treed 1-acre lot backing to a creek, this renovated property features a primary residence plus two fully leased garage apartments, making it ideal for investors, house hackers, or multi-generational living. The main home is a 2-bedroom, 2-bath with approximately 1,905 sq ft and could easily be reconfigured into a 3 or 4-bedroom layout, while the apartments are both 1-bedroom, 1-bath units measuring approximately 699 sq ft and 816 sq ft. The main house showcases hardwood floors throughout the common areas and an updated eat-in kitchen with granite countertops, hammered glass cabinet doors, and stainless steel appliances. A secondary living area with built-in shelving offers flexibility for a home office or additional bedroom. The private primary suite features a fireplace and an LED-lit jacuzzi tub, along with an ensuite bath complete with a spacious walk-in tile shower and bench. Currently generating approximately $4,960 per month in rental income, this property delivers immediate cash flow with upside potential. The main home lease runs through December 31 with plans to renew for an additional year, while both apartments are leased month-to-month, but they could be transitioned to six-month or one-year leases. Enjoy the expansive outdoor space from the large, tree-shaded deck, all while benefiting from a rare combination of privacy, versatility, and strong income performance.
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Additional Information
- Amenities
- Fireplace
- Lot Size
- 43,560
- Acres
- 1
- Interior Features
- Decorative Designer Lighting Fixtures, High Speed Internet, In-Law Arrangement, Pantry, Paneling Wainscoting, Cable TV, Walk-In Closet(s), Wired Audio
- Flooring
- Carpet, Tile, Wood
- Foundation
- Pillar/Post/Pier
- Roof
- Composition, Shingle
- Stories
- 1
- Pool Features
- None
- Fireplaces
- 1
- Fireplace Type
- Gas, Gas Log, Gas Starter, Living Room, Master Bedroom
- Exterior
- Fire Pit, Lighting, Private Yard, Rain Gutters
- Garage Spaces
- 3
- Parking Garage
- Additional Parking, Paved, Direct Access, Garage - Single Door, Driveway, Garage Faces Front, Garage, Garage Door Opener, Guest, Oversized, Tandem, Rv/Boat Parking, Rv/Boat Parking
- School District
- Desoto Isd
- Elementary School
- Young
- Middle School
- Young
- High School
- Desoto
- Possession
- CloseOfEscrow
- Community Features
- Community Mailbox
Mortgage Calculator
Listing courtesy of Wesley Hill from Berkshire HathawayHS PenFed TX. Contact: 903-720-3150