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$215,000

NAL Estimated Property Value

1605 Marsh Ln # D-408, Carrollton, TX, 75006

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths929 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$236.81 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size2.70 acres

Building Information

Year Built1982
Stories2
Roof Type105

Land Information

APN14119000000100408
SubdivisionWillow Lane Condominiums
Land UseResidential
Legal DescriptionWILLOW LANE CONDOMINIUMS BLDG D UNIT 408 & 1.9969% OF CE INT202400239000 DD11212024 CO-DC 82040400003400 11411900000
Census Tract020700
Assessed Land Value$46,940
Assessed Improvement Value$168,060
Assessment Year2025

About this property

This beautiful 2 bed, 2 bath, First Floor, Corner Unit condo offers a serene pool view from your private back patio. The updated kitchen features stylish white cabinets, a subway tile backsplash, and a designer stainless steel sink, making it perfect for cooking and entertaining. Both bedrooms include ensuite baths and spacious walk-in closets, providing ample privacy and storage. Situated just minutes from the vibrant shopping, dining, and entertainment options in Addison, and close to major highways such as the Dallas North Tollway, I-35, the Bush Tollway, and I-635, this condo offers easy access to everything you need and includes a reserved, covered parking space. Comfort and convenience in a prime location!

Investor Tools

Property Icon
$215,000
Estimated Property Value
$198,801Estimated Mortgage Balance
$16,199Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,320 /month
Positive
Cash Flow Estimate:
$440 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$496/month
$443/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,872
$215,000
2025
$46,940
$168,060
$215,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,872
$215,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$204,250
No
First
Nov 21, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$198,801
$16,199
7%
92%
$1,225/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,620/mo
$1,668/mo
$-48/mo
9.0%

City: Carrollton

1605 Marsh Ln # D-408 | Property Details | No Agent List