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$344,000

NAL Estimated Property Value

2042 Lymington Road, Carrollton, TX, 75007

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,277 Sq Ft
price_per_sqft$234.93 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOther
FlooringCeramic Tile, Laminate

Exterior

Private PoolPrivate Pool
Lot Size8,747 sqft

Building Information

Year Built1974
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR56204
Lot Number17
SubdivisionWoodlake No 3 2nd Sec
Land UseResidential
Legal DescriptionWOODLAKE NO 3 2ND SEC BLK 17 LOT 17
Census Tract021614
Assessed Land Value$79,500
Assessed Improvement Value$263,373
Assessment Year2025

About this property

8.26 was day 1 on the market. Corner Lot & Pool!! This lovely updated home is located on large corner lot with pool, and walking distance to elementary school. Home features an open concept with a kitchen, 2 living rooms, a dining room, 3 bedrooms and 2 bathrooms. The garage was converted into a second living or could be used as a 4th bedroom. Kitchen has granite counters and updated appliances. The large backyard, with green space and inground pool is perfect for entertaining.

Investor Tools

Property Icon
$344,000
Estimated Property Value
$277,091Estimated Mortgage Balance
$66,909Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,064 /month
Positive
Cash Flow Estimate:
$688 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$310/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,997
$342,873
2025
$79,500
$263,373
$342,873
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,997
$342,873

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mid-American Mortgage Inc
Fha
$299,475
Yes
First
Oct 13, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$277,091
$66,909
19%
81%
$1,820/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
$1,820/mo
+$270/mo
7.3%

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.

Explore Texas Explore This Area
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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2042 Lymington Road | Property Details | No Agent List