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$221,500

NAL Estimated Property Value

1608 Walnut St, Carrollton, TX, 75006

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,177 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$203.91 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesElectric Oven, Electric Range

Exterior

Lot Size20,387 sqft

Building Information

Year Built1945
Stories1
Roof Type105
Garage Spaces2

Land Information

APN65079850510310000
SubdivisionW F Hofmanns Addition
Land UseResidential
Legal DescriptionJOSHUA B LEE ABST 798 PG 505 S-1 75X264.5 AVG VOL96158/0542 DD072996 CO-DALLAS 0798505103100 16507985051
Census Tract013717
Assessed Land Value$128,440
Assessed Improvement Value$93,060
Assessment Year2025

About this property

Investment Opportunity in the Heart of Carrollton! Discover the potential of this rare gem nestled on nearly half an acre in the highly sought-after area of Carrollton, TX. Located at 1608 Walnut St, this property presents a prime opportunity for investors, builders, or visionaries looking to create their dream home from the ground up. With ample lot space, there's room for a spacious custom home, additional structures, or even future development. Ideally situated just minutes from Downtown Carrollton, I-35E, and Belt Line Rd, you’ll enjoy quick access to dining, shopping, and major commuter routes—a central location with endless potential. Whether you're looking to build a dream residence or capitalize on the growth in the area, this is an opportunity you don’t want to miss. Endless possibilities await at 1608 Walnut St—bring your vision to life today!

Investor Tools

Property Icon
$221,500
Estimated Property Value
$0Estimated Mortgage Balance
$221,500Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,440 /month
Positive
Cash Flow Estimate:
$480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$362/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$221,500
2025
$128,440
$93,060
$221,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$221,500

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$221,500
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,620/mo
N/A
+$1,620/mo
8.8%

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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1608 Walnut St | Property Details | No Agent List