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Financing available

$389,900

525 Magnolia Trail, DeSoto, TX 75115

4
beds
3.5
baths
3,490
sqft

Est. with seller financing: $3,857/mo

  • Single-family
  • Built in 2003
  • 6,621 sq ft lot
  • $112/sqft
  • $25/mo HOA
  • Dallas County

Interested in this home?

Seller financing is available to qualified buyers.

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About this home

A 3% assumable VA loan on this home. In a 6.5% market, that is the headline, and it is the reason serious buyers should move on this address before the weekend. 525 Magnolia Trail sits in Candle Meadow with 3,490 square feet, five bedrooms, and 3.5 baths across a layout that actually works. The main level opens into dual living areas and two dining spaces, anchored by a kitchen with granite counters and an oversized island with built-in banquette seating. Interior paint is fresh, the kitchen has been updated, and the carpet upstairs is new. Upstairs delivers a game room, a media room, and three bedrooms with walk-in closets. The layout’s real distinction is two full owner’s suites, one down and one up, which is uncommon at this price and this square footage. The backyard carries an extended covered patio, an elevated deck, a storage shed, and open green space. HOA runs $25 per month. Assigned to DeSoto ISD. Direct access to I-35E. Seller is offering a free deep clean and a one-year home warranty with a full-price offer. On the assumption: the buyer assumes the existing VA loan at its current rate and covers the difference between the remaining balance and the purchase price. Lender approval and eligibility requirements apply, and the process typically runs longer than conventional financing. Contact me for the current balance and the exact structure so you can run your own numbers before you tour.

Listing courtesy of Leslie Majors, Legacy Realty Group · MLS #21333534 · 972-905-6333

Facts & features

Interior

Features

  • Decorative Designer Lighting Fixtures
  • Double Vanity
  • Eat In Kitchen
  • Granite Counters
  • High Speed Internet
  • Kitchen Island
  • Loft
  • Open Floorplan
  • Tile Counters
  • Cable Tv
  • Vaulted Ceilings
  • Walk In Closets

Heating & cooling

  • Heating: Central, Electric, Fireplaces
  • Cooling: Central Air, Electric

Flooring

  • Carpet
  • Laminate
  • Tile

Appliances

  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator

Fireplace

  • Fireplaces: 1
  • Gas Log
  • Masonry

Exterior & lot

Features

  • Lighting
  • Private Yard
  • Rain Gutters
  • Storage

Construction

  • Style: Traditional, Detached
  • Stories: 2
  • Roof: Composition
  • Materials: Brick

Parking

  • Garage spaces: 2
  • Door Multi
  • Direct Access
  • Garage Faces Front
  • Garage
  • Garage Door Opener

Lot

  • Cleared
  • Interior Lot
  • Subdivision
  • Few Trees

Community

Neighborhood

  • Subdivision: Candle Meadow Ph 01

HOA

  • Candle Meadows HOA

Schools

  • District: Desoto ISD
  • Elementary: Cockrell Hill
  • Middle: Curtistene S Mccowan
  • High: Desoto

Financial & listing details

Listing

  • Price per sq ft: $112
  • County: Dallas
  • Financing: Financing available from HFP, powered by Doorly

Estimated payment with seller financing

Est. seller-financed payment

$3,857/mo

Principal & interest
$2,824/mo
Property taxes
$826/mo
Homeowners insurance (est.)
$182/mo
HOA dues
$25/mo
Loan amount
$350,910
Seller financing rate (est.)
9.00%
Term
30-year fixed
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This estimate uses our seller financing program's rate. Taxes are from listing data and insurance is estimated. Your actual payment may be higher. Estimate only. Your final rate, payment, and terms are based on approval. This is not a commitment to lend.

Location

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A traditional mortgage isn't the only way. Self-employed, lower credit, ITIN, or turned down before? You may have another option.

Offered by HFP, powered by Doorly, only on this site, not by the seller or listing agent. Subject to underwriting and approval.

Get Pre-Qualified

How our financing program works

  1. 1

    Get qualified

    Answer a few quick questions and see the down payment you'd need. It takes about a minute and doesn't pull your credit.

  2. 2

    Make it your home

    Once you're approved, our lending partner buys the home from the seller at closing. The seller is paid in full and never carries a loan.

  3. 3

    Own it

    It resells the home to you at the same closing, with financing, so the title is in your name.

This is different from traditional seller financing, where the seller lends you the money. See the full requirements

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