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$299,900

1008 E Russell Ave, Carrollton, TX, 75006

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths1,352 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$221.82 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Gas Range, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size8,712 sqft

Building Information

Year Built1951
Stories1
Roof Type105
Garage Spaces1

Land Information

APN14111500010280000
Lot Number28
SubdivisionWhitlock Sec A
Land UseResidential
Legal DescriptionWHITLOCK 2 SEC A BLK A LT 28 INT202000012759 DD01152020 CO-DC 1115000102800 2CC11150001
Census Tract013716
Assessed Land Value$100,000
Assessed Improvement Value$209,900
Assessment Year2025

About this property

Located in an established Carrollton neighborhood, this 2-bedroom, 2-bath home offers two living areas, one dining area and a flexible layout with updates completed throughout the years. Inside, you'll find original real wood floors, recessed lighting, ceiling fans and a large second living area currently used as a game room. The kitchen has been updated with cabinetry, countertops, plumbing, tile, dishwasher and appliances, including a gas range. The primary suite was reworked to create a spacious private bath with a walk-in shower, double-sink vanity, additional storage and a custom closet. The original bath was also updated with new flooring, subfloor, vanity, sink, toilet and storage. Additional improvements include a full electrical rewire with updated breaker box, central HVAC, updated plumbing, windows, doors, trim and paint. Outside, enjoy a large backyard with mature trees, a small deck area and an attached one-car garage with alley access. The location is a standout - close to Josey Ranch Lake, Carrollton Public Library, nearby parks, sports fields and trails, with convenient access to DART rail, I-35E and the President George Bush Turnpike.

Investor Tools

$156,986Estimated Mortgage Balance
$157,014Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,884 /month
Positive
Cash Flow Estimate:
$628 /month

Interested in this property?

Tyler Garrett

RJ Williams & Company RE

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$278/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,771
$309,900
2025
$100,000
$209,900
$309,900
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,771
$309,900

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Calcon Mutual Mortgage Llc
Conventional
$165,000
No
First
Dec 21, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$156,986
$157,014
50%
50%
$990/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,620/mo
$990/mo
+$630/mo
6.2%

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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1008 E Russell Ave | Property Details | No Agent List