1039 Oak Meadow Lane
Desoto, TX, 75115 $ 268,000
Bedrooms3 Baths2.0 Sq 1,903 Monthly Estimate*
$ 1,692
for $268,000 with 3 bedrooms and 2 full baths. This 1,903 square foot home was built in 1974 on a lot size of 0.213.
This property is being offered as part of a four-property single-family residential investment portfolio strategically located across the Dallas-Fort Worth metroplex. The seller's preference is to sell the portfolio as one transaction, creating an opportunity for investors to acquire multiple income-producing assets through a single closing. The seller reserves the right to consider individual offers if the portfolio is not sold as a package. Whether you're looking to expand your rental portfolio, complete a 1031 exchange, or acquire value-add properties with long-term appreciation potential, this home offers an excellent opportunity. With only minor cosmetic improvements needed, investors have the potential to add value while positioning the property for long-term cash flow and future equity growth. The home is being sold as-is. 1039 Oak Meadow Ln in DeSoto, TX is a charming home nestled in an established neighborhood that offers the perfect blend of comfort, space, and convenience. Located near shopping, dining, parks, schools, and major highways, this home delivers easy access to everything the Dallas-Fort Worth area has to offer. The spacious backyard offers additional appeal for future tenants or owner-occupants. Conveniently located near schools, parks, shopping, dining, and major highways, and the continued demand for affordable housing in the Dallas-Fort Worth market. Portfolio Highlights: Opportunity to acquire all four as a portfolio 1039 Oak Meadow LN, Desoto, TX 75115, 3821 Bonnie Dr, Fort Worth, TX 76116, 5340 Westminster Court N, Fort Worth, TX 76133. Immediate equity potential through light cosmetic improvements, Long-term rental and appreciation opportunity, Ideal for buy-and-hold investors, BRRRR strategies, or 1031 exchange buyers! Contact the listing agent for additional information regarding the complete DFW residential portfolio opportunity!
See more
FeaturesInteriorInterior Features Cable TV Available Decorative Lighting High Speed Internet Available Pantry
Flooring Carpet Ceramic Tile Luxury Vinyl Plank
Basement Y/N 0
Dining Areas 1
Living Areas 1
Half Baths 0
Total Bedrooms 3
Total Baths 2
See more
GeneralHeating Central Electric
Cooling Central Air Electric
Utilities City Sewer City Water
Possession Closing/Funding
Roof Tile
Appliances Dishwasher Disposal Electric Range Microwave
Number of Garage Spaces 1
School District Desoto ISD
Pool Y/N 0
Year Built 1974
Architectural Style Traditional
Levels One
Property Subtype Single Family Residence
Subdivision Name High Meadows 02
Transaction Type For Sale
Occupant Type Vacant
County Dallas
Property Type Residential
Construction Materials Brick Siding
Year Built Details Preowned
HOA Type None
Full Baths 2
Status Active
Directions From I-35E take Pleasant Run Rd west turn onto Westmoreland Rd then turn onto Oak Meadow Ln. Property will be on the street within the High Meadows subdivision.
City DeSoto
Elementary School Name The Meadows
High School Desoto
Elementary School The Meadows
Standard Status Active
Junior High School Young
Listing Terms Cash Conventional FHA VA Loan
See more
ExteriorWaterfront 0
Exterior Features Private Yard
Lot Features Interior Lot Landscaped Subdivision
Fencing Wood
Soil Type Clay
Parking Features Driveway Garage Garage Door Opener
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Structural Style Single Detached
Garage Y/N 1
Attached Garage Y/N 1
See more
* Excluded FeaturesList ByClifton A J JohnsonListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $1,692
- Monthly Property Taxes
- $614
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Desoto, TX
Average List Price $428,451
Percent of Sale Price 60%
About Desoto, TX 54,429 Population
44% Since 2002
$ 61,684 Median Income
37.57 Median Age
32% Households with Children
Trends Information provided by ATTOM Data Solutions.
3254434 Elementary School
3672583 Middle School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/1/2026 | $268,000 | -0.70% | Price Down |
| 6/16/2026 | $269,900 | | Listed Price |