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$295,000

NAL Estimated Property Value

1812 Fairfax Lane, Carrollton, TX, 75006

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,450 Sq Ft
price_per_sqft$151.72 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Refrigerator
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size7,500 sqft

Building Information

Year Built1962
Stories1
Roof Type105
Garage Spaces2

Land Information

APN14048500130080000
Lot Number8
SubdivisionHoliday Park
Land UseResidential
Legal DescriptionHOLIDAY PARK 6 BLK 13 LT 8 INT202000359380 DD12222020 CO-DC 0485001300800 2CC04850013
Census Tract013729
Assessed Land Value$100,000
Assessed Improvement Value$150,440
Assessment Year2025

About this property

Awesome drive-up appeal in a great location close to Interstate 35E, DART rail, and the shops and restaurants of downtown Carrollton. With just a little bit of cosmetic work, this charming home will shine! Roof replaced in 2019. HVAC system replaced in 2008. Carport and front patio added in 2019. Master bath beautifully updated. Sewer line, water line, and gas line to house have been replaced. Large storage area could be converted to 4th bedroom. Big back yard. Washer, dryer, refrigerator, and stand-alone freezer remain. Being sold AS-IS. Seller will make no repairs.

Investor Tools

Property Icon
$295,000
Estimated Property Value
$173,751Estimated Mortgage Balance
$121,249Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$425/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,627
$250,440
2025
$100,000
$150,440
$250,440
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,627
$250,440

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$194,000
No
First
Dec 22, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$173,751
$121,249
41%
59%
$1,164/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$1,164/mo
+$876/mo
8.3%

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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1812 Fairfax Lane | Property Details | No Agent List