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$332,000

NAL Estimated Property Value

1701 Milam Way, Carrollton, TX, 75006

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,464 Sq Ft
price_per_sqft$150.27 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan
FlooringCeramic Tile, Concrete

Exterior

Lot Size7,020 sqft

Building Information

Year Built1965
Stories1
Roof Type105
Garage Spaces2

Land Information

APN14029500070070000
Lot Number7
SubdivisionCrosby
Land UseResidential
Legal DescriptionCROSBY ESTATES 2 BLK 7 LOT 7 INT201900168317 DD06272019 CO-DC 0295000700700 2CC02950007
Census Tract013729
Assessed Land Value$90,000
Assessed Improvement Value$239,870
Assessment Year2025

About this property

Charming home in great location with huge backyard. There are four bedrooms, one is currently being used as an office or would make a spacious formal dining room. Easy maintenance concrete floors give the home an edgy, industrial vibe. The spacious den has plenty of room for seating and a wood burning fireplace.Enter the light and bright kitchen to find plenty of storage space including a built-in island. Designer paint colors throughout! There’s plenty of room in the master bathroom with separate vanity and shower areas. Enjoy drinks on the covered back porch or take advantage of all the restaurants, shopping and nightlife just minute away!

Investor Tools

Property Icon
$332,000
Estimated Property Value
$157,647Estimated Mortgage Balance
$174,353Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,992 /month
Positive
Cash Flow Estimate:
$664 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$703/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,780
$329,870
2025
$90,000
$239,870
$329,870
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,780
$329,870

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Fha
$177,807
Yes
First
Jul 21, 2020
Aug 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$157,647
$174,353
52%
47%
$1,067/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,660/mo
$1,067/mo
+$1,593/mo
9.6%

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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1701 Milam Way | Property Details | No Agent List