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$468,000

1508 Shannon Place, Carrollton, TX, 75006

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,485 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$125.15 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Other

Exterior

Exterior FeaturesRain Gutters
Lot Size10,400 sqft

Building Information

Year Built1974
Stories1
Roof Type105
Garage Spaces2

Land Information

APN14018500050060000
Lot Number6
SubdivisionCountry North
Land UseResidential
Legal DescriptionCOUNTRY NORTH ESTATES BLK 5 LOT 6 INT201800314441 DD11292018 CO-DC 0185000500600 2CC01850005
Census Tract013719
Assessed Land Value$70,000
Assessed Improvement Value$346,940
Assessment Year2025

About this property

Conveniently located to all major freeways, this peaceful, quiet community offers an immaculately maintained 1-story home.This 2485 square-foot home is designed perfectly with 4 large bedrooms, 2.1 half baths, 2 living areas, 2 dining areas, a large utility room and several storage closets.Updates include: exterior paint, tile on front porch, roof, repainted fence in back (2018); updates to kitchen including granite and appliances, replaced the concrete driveway and patio, installed a heater for the jetted tub so the water will stay warm (2015-2016). The kitchen floor is Core-tech, very comfortable cork-like floor. Move-in ready! Quiet and private neighborhood. Exemplary Elementary School. Come see it!

Investor Tools

Property Icon
$468,000
Estimated Property Value
$0Estimated Mortgage Balance
$342,268Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,808 /month
Positive
Cash Flow Estimate:
$936 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$652/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,487
$416,940
2025
$70,000
$346,940
$416,940
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,487
$416,940

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nationstar Mortgage Llc
Conventional
$130,000
No
First
Jul 1, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$125,732
$342,268
73%
27%
$780/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,660/mo
$780/mo
+$1,880/mo
6.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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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1508 Shannon Place | Property Details | No Agent List