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$499,000

NAL Estimated Property Value

1108 Magnolia Dr, Carrollton, TX, 75007

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,601 Sq Ft
price_per_sqft$184.54 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Disposal, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesPrivate Yard, Rain Gutters
Lot Size8,760 sqft

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR50674
Lot Number2
SubdivisionWoodgate
Land UseResidential
Legal DescriptionWOODGATE BLK 6 LOT 2
Census Tract021621
Assessed Land Value$100,740
Assessed Improvement Value$378,287
Assessment Year2025

About this property

Experience everyday comfort in this 4-bedroom home with a versatile floor plan in a quiet, established neighborhood of Carrollton. Set on a mature, landscaped corner lot, the home boasts a gas fireplace, split bedrooms, two spacious living areas with an adjoining wet bar, and two dining spaces. Upgrades include Low-E windows, a 2017 water heater, engineered and laminate wood flooring, recent carpet & paint, and a smart garage door opener. Also features a functional pantry-laundry combo, large patio, and workbench within the 2-car garage. Enjoy natural light through the many skylights illuminating the neutral interior. The kitchen is equipped with recent stainless appliances including double ovens replaced in 2019. Close proximity to top schools, Timbercreek Park, Indian Creek Golf Club and K-Town's lively dining & entertainment scene. Located in an incredibly central location, just 20 minutes to DFW Airport, minutes to 3 major highways, and other top suburban areas & developments.

Investor Tools

Property Icon
$499,000
Estimated Property Value
$0Estimated Mortgage Balance
$499,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$361/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,840
$479,027
2025
$100,740
$378,287
$479,027
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,840
$479,027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$499,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,730/mo
N/A
+$2,730/mo
6.6%

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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1108 Magnolia Dr | Property Details | No Agent List