Property Description

Unlock the potential at 516 Midway Dr, DeSoto, TX 75115 — a nearly new, single-story gem built in 2020 with modern finishes and a layout designed for comfort and value. Perfect for investors seeking strong cash flow or long-term value growth.

Key Features & Highlights

- Beds / Baths: 4 bedrooms, 3 full bathrooms — ideal for families or tenants wanting space. 

- Living space: ~2,709 sq ft of well-designed living area. 

- Lot size: Approximately 10,219 sq ft lot — plenty of outdoor space. 

- Construction & Condition: Recently built (2020), modern build quality, excellent condition, with attractive brick veneer exterior. 

- Appealing layout: Single-story design helps attract tenants preferring easy access, fewer stairs, and low maintenance. 

Investment Benefits

- Strong Value Per Square Foot: Asking/estimated value is around $170-$175/sq ft, which compares well with local comps. 

- Good Appreciation Potential: Newer construction in a growing Desoto neighborhood; likely to appreciate steadily.

- Rental Demand: Four bedrooms and three baths offers strong rental appeal — room for multiple tenants or families.

- Low Maintenance: Being only a few years old (2020) means less immediate repair / renovation expense.Location & Neighborhood

- Located in DeSoto, Dallas County, in zip code 75115 — benefiting from Dallas-area infrastructure, schools, and amenities. 

- Close proximity to schools such as Cockrell Hill Elementary, Desoto West Middle, etc. 

- Accessible lot of ~0.23 acres gives balance of outdoor space without overly large property maintenance. 

- This property represents a strong holdover or flip opportunity:

Flip Potential: With minor cosmetic updates (if needed), finishes, landscaping — can achieve a premium resale price.

- Rental Income: Est. rent around $2,900-$3,000/month based on current market estimates. 

- Equity Cushion: Purchased in 2020; potential existing equity to leverage or refinance. 

Comparables and Market Context

- 400 Livingston Dr - $400,000  9/14/2025

- 404 Rainer St - $458,000  8/12/2025

- 821 E Danbury Dr - $444,900  8/13/2025

- 1216 Richard Pittmon Dr - $480,000  9/10/2025

***This property is located in a non-disclosure state, public record data is limited. The sales provided above are the most accurate and verifiable comps currently available, reflecting true market activity in the area.

Call now to make an offer!

Will Humphrey

(727) 977 5543

[email protected]