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$900,000

1012 S Elm St, Carrollton, TX, 75006

On MarketInfo
CommercialInfo
Beds Beds
Baths Bath
Baths1,750 Sq Ft
OfficeOffice
Year BuiltBuilt in 1958

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringConcrete, Tile

Exterior

Lot Size6,840 sqft

Building Information

Year Built1958
Stories1
Roof Type172

Land Information

APN14000500130100000
SubdivisionOrig Town Carrollton
Land UseCommercial
Legal DescriptionORIG TOWN CARROLLTON BLK M PT TR 10 72.10X95.44X91.3X29.97 VOL98220/6996 DD102898 CO-DALLAS 0005001301000 11400050013
Census Tract013729
Assessed Land Value$68,400
Assessed Improvement Value$174,960
Assessment Year2025

About this property

Location, Location, Location. Located in Downtown Carrollton Historic District. The access road into Historic Downtown is right off I35 and Belt Line Rd. One story building with 5 office spaces, conference room, two restrooms and its own parking lot. This building can be used as a Retail Store, office space, food and services like salons and spas. You're within walking distance of restaurants Bars and specialty foods and weekly entertainment on the Square. There is a variety of clothing stores and other retail businesses. Located right next to a thriving apartment community with a very urban feel. Many events and festivals held on the Town Square just minutes from the building. The building is on the north side of the Square. Located on a side street with its own parking lot that dead ends.

Investor Tools

$18,579Estimated Mortgage Balance
$227,238Estimated Equity
92% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,400 /month
Positive
Cash Flow Estimate:
$1,800 /month

Interested in this property?

Pat Cochran

United Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$518/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,002
$243,360
2025
$68,400
$174,960
$243,360
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,002
$243,360

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of The West
Commercial
$141,000
No
First
Oct 28, 1998
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$18,579
$224,781
92%
8%
$846/mo

City: Carrollton

1012 S Elm St | Property Details | No Agent List