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.
Listed By
Agency Name: Berkshire HathawayHS PenFed TX
Agency Contact: 903-720-3150
Agent Name: Wesley Hill
Shown By
Agent Name: Kimberly Lynn
Agent Phone: Cell: (859) 509-6511
Agency Title: Kelly, Realtors
Estimated Payment
$ 1,132.75 per month $1,001.50 Principal & Interest $0.00 Property Tax (data not provided by mls) $131.25 Homeowner's Insurance
412 Spinner Road | MLS# 21291967
This single family home located at 412 Spinner Road, Desoto, TX 75115 is currently listed for sale with an asking price of $450,000. This property was built in 1966 and has 2 bedrooms and 2 full baths with 1905 sq. ft. Spinner Road is located in the Northwest Estates subdivision within the Desoto ISD school district. Search Northwest Estates real estate on kimberlylynn.kellyrealtors.com today.