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$575,900

NAL Estimated Property Value

1005 Misty Lane, Carrollton, TX, 75006

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths4,714 Sq Ft
price_per_sqft$116.67 / sqft
Year BuiltBuilt in 1972

Highlights

Interior

Bathrooms 0Bathrooms 0
Heating CentralHeating Central
CoolingCooling
FlooringOther

Exterior

Exterior FeaturesStorage
Lot Size27,451 sqft

Building Information

Year Built2007
Stories1

Land Information

APN65027812110230000
SubdivisionWilford W Cook
Land UseCommercial
Legal DescriptionWILFORD W COOK ABST 278 PG 121 TR 23 ACS 0.6302 INT201900167714 DD06262019 CO-DC 0278121102300 9CC02781211
Census Tract013715
Assessed Land Value$549,020
Assessed Improvement Value$26,880
Assessment Year2025

About this property

Former Restaurant Catering kitchen available for sale. 4,714 sf building 27,451 sf lot. Zoning - Local Retail - 2, permits a higher intensity of retail uses than traditional retail zoning. Property falls within the JBL Josey-Belt Line Redevelopment Overlay District. JBL District is to encourage future property redevelopment and rehabilitation, and enhance the aesthetic and visual character along major corridors in Carrollton. Original restaurant 2,266 sf built in 1972. Additional restaurant space 2,448 sf added in 2007. Total building square footage = 4,714 sf. City of Carrollton. Dallas County.

Investor Tools

Property Icon
$575,900
Estimated Property Value
$172,499Estimated Mortgage Balance
$403,401Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,455 /month
Positive
Cash Flow Estimate:
$1,152 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,125/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,618
$575,900
2025
$549,020
$26,880
$575,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,618
$575,900

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Facility Concession Services Inc
Unknown
$200,000
No
First
Jun 26, 2019
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$172,499
$403,401
70%
30%
$1,200/mo

Learn About the Market: Opportunity in Texas

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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.

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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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1005 Misty Lane | Property Details | No Agent List