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$350,000

1003 Summit Cir, Carrollton, TX, 75006

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,696 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$206.37 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringCeramic Tile, Vinyl

Exterior

Lot Size7,680 sqft

Building Information

Year Built1971
Stories1
Roof Type105
Garage Spaces2

Land Information

APN14080500040250000
Lot Number25
SubdivisionPark Terrace
Land UseResidential
Legal DescriptionPARK TERRACE BLK 4 LOT 25 VOL96047/3591 DD030196 CO-DALLAS 0805000402500 11408050004
Census Tract013717
Assessed Land Value$100,000
Assessed Improvement Value$257,760
Assessment Year2025

About this property

OPEN HOUSE Sunday August 30, 2pm to 4pm. Finding a beautifully remodeled home for under $400,000 is hard, but this amazing house is ready for you to move right in!It sits in a wonderful Carrollton neighborhood that is very close to delicious restaurants in Historic Downtown Carrollton and great shopping at the Galleria Dallas mall.The inside is completely remodeled and features lots of bright sunshine, a huge living room with plenty of space to play, and a giant master bedroom that feels like a private hotel room. The house has brand-new windows to let the light in, tough new LVP wood floors, and fresh green grass in both the front and back yards. Cooking is fun in the beautiful kitchen because it has bright Calacatta quartz countertops, a large kitchen island, and a secret hidden pantry for snacks. The main bedroom has a giant walk-in closet for clothes and a beautiful large walk-in shower that looks like a spa.

Investor Tools

$284,178Estimated Mortgage Balance
$88,822Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,238 /month
Positive
Cash Flow Estimate:
$746 /month

Interested in this property?

Robert Miller

OnDemand Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$240/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,017
$357,760
2025
$100,000
$257,760
$357,760
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,017
$357,760

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Deep Ellum Funding Llc
Purchase Money Mortgage
$285,000
No
First
Jun 12, 2026
Jun 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$284,178
$88,822
23%
76%
$1,709/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$1,709/mo
+$331/mo
6.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Carrollton

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1003 Summit Cir | Property Details | No Agent List