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$561,880

NAL Estimated Property Value

1515 Palisades Dr, Carrollton, TX, 75007

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,182 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$172.85 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Double Oven
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Private Yard
Lot Size7,157 sqft

Building Information

Year Built1989
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR127870
Lot Number24
SubdivisionThe Palisades Ph 2
Land UseResidential
Legal DescriptionTHE PALISADES PH 2 BLK 6 LOT 24
Census Tract021611
Assessed Land Value$105,705
Assessed Improvement Value$481,486
Assessment Year2025

About this property

This spacious 4-bedroom, 3-bathroom home offers comfort, character, and outstanding potential with a seller-provided update allowance and a brand-new roof being installed. The main level features a formal sitting room or office, a separate dining room, and an inviting kitchen with an eat-in area and three ovens, plus a warm living room centered around a brick gas fireplace. A downstairs bedroom and full bathroom provide convenience for guests or multi-generational living. Upstairs, the private master suite includes a full ensuite bathroom with a separate shower and soaking tub, and is accompanied by two additional bedrooms and a large game room that could easily serve as a 5th bedroom, offering versatility for family living or entertaining. While well-maintained, the home is ready for your updates and personal touches. Step outside to your own backyard retreat with a sparkling pool, relaxing spa, and covered pergola, ideal for entertaining or unwinding. With its central location near schools, shopping, dining, and major highways, this property combines space, comfort, and excellent potential.

Investor Tools

Property Icon
$561,880
Estimated Property Value
$499,976Estimated Mortgage Balance
$61,904Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,371 /month
Positive
Cash Flow Estimate:
$1,124 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$489/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,058
$561,880
2025
$105,705
$481,486
$587,191
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,058
$561,880

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Va
$505,875
Yes
First
Sep 30, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$499,976
$61,904
11%
89%
$3,033/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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1515 Palisades Dr | Property Details | No Agent List