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$278,000

NAL Estimated Property Value

2038 Embassy Way, Carrollton, TX, 75006

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,294 Sq Ft
price_per_sqft$193.2 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
FlooringLaminate, Tile

Exterior

Lot Size3,115 sqft

Building Information

Year Built1981
Stories1
Roof Type105
Garage Spaces1

Land Information

APN14069600060200000
Lot Number20
SubdivisionNorthcrest
Land UseResidential
Legal DescriptionNORTHCREST ESTATES 6 PH C 3RD REP BLK F LT 20 INT202500043118 DD03032025 CO-DC 0696000602000 2CC06960006
Census Tract013720
Assessed Land Value$40,000
Assessed Improvement Value$219,700
Assessment Year2025

About this property

Welcome to the perfect blend of space and warmth in this inviting and open townhome in the heart of Carrolton! Soaring ceilings with modern accents and updates throughout. Updates include new windows, 2024 HVAC, 2024 roof, updated electrical panel, modern kitchen cabinets and counter tops, stainless steel appliances, fully updated master bathroom and new vanity in guest bathroom. In addition to the open and inviting living space - this 2 bd 2bth has a large lofted space upstairs. Convenient features include a full-size utility room, lots of closet space, low maintenance backyard and patio with covered carport parking. Carport has additional storage closet. Come tour this lovely home today and picture yourself enjoying this quiet neighborhood within walking distance to Ward Steenson Park and easy access to Bush, 35, 635 and the Tollway. Property is occupied and all showings with need advance notice of two hour. No survey on file, buyer will need to purchase.

Investor Tools

Property Icon
$278,000
Estimated Property Value
$81,290Estimated Mortgage Balance
$196,710Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,668 /month
Positive
Cash Flow Estimate:
$556 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$360/month
$210/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,928
$259,700
2025
$40,000
$219,700
$259,700
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,928
$259,700

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Conventional
$83,000
No
First
Mar 3, 2025
Apr 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$81,290
$196,710
70%
29%
$498/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,620/mo
$708/mo
+$912/mo
7.0%

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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2038 Embassy Way | Property Details | No Agent List