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$590,000

2111 Rheims Drive, Carrollton, TX, 75006

Under ContractInfo
Beds4 Beds
Baths4 Bath
Baths2,660 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$221.8 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Cooktop, Gas Oven, Gas Range, Microwave, Double Oven
FlooringVinyl

Exterior

Exterior FeaturesCourtyard, Rain Gutters, Lighting
Lot Size10,829 sqft

Building Information

Year Built1988
Stories1
Roof Type105
Garage Spaces2

Land Information

APN140525400H0210000
Lot Number21
SubdivisionJosey Ranch Sec
Land UseResidential
Legal DescriptionJOSEY RANCH SEC 1 BLK H LOT 21 INT202500120003 DD06092025 CO-DC 0525400H02100 2CC0525400H
Census Tract020700
Assessed Land Value$80,000
Assessed Improvement Value$555,840
Assessment Year2025

About this property

Welcome to this beautifully reimagined residence in the highly sought-after Bel Air of Josey Ranch. Situated on a spacious homesite surrounded by mature trees, this exceptional single-story home offers the perfect blend of timeless character, modern upgrades, and everyday comfort. Ideally located in the heart of Carrollton with convenient access to President George Bush Turnpike, I-35E, and the Dallas North Tollway, residents enjoy proximity to premier shopping, dining, entertainment, parks, walking trails, and Maridoe Golf Club. Designed with both functionality and elegance in mind, the home features 4 spacious bedrooms, 3.5 updated spa-inspired bathrooms, a flexible floor plan, coffee bar, two fireplaces, and designer finishes throughout. Expansive windows and soaring ceilings fill the home with natural light, creating a bright and inviting atmosphere. The chef’s kitchen serves as the centerpiece of the home, showcasing a premium ZLINE cooktop, custom cabinetry, Taj Mahal quartzite countertops, and designer finishes that seamlessly connect to the open living and dining spaces. Luxury LVP flooring and updated lighting enhance the home’s sophisticated character. The primary suite offers a private retreat featuring a spa-inspired bathroom and spacious walk-in closet with custom organization. Outside, enjoy a peaceful courtyard-style setting with a flagstone pathway, mature landscaping, and a fenced backyard perfect for entertaining or relaxing. Recent upgrades include a high-efficiency dual HVAC system, two new water heaters, paid-off solar panels, updated electrical panel, fresh paint, new garage door, epoxy-coated garage flooring, and a beautifully renovated kitchen. A rare opportunity to own a meticulously updated home in one of Carrollton’s most desirable neighborhoods, offering luxury, comfort, convenience, and a lifestyle that seamlessly blends privacy, charm, and accessibility in an exceptional location.

Investor Tools

$538,399Estimated Mortgage Balance
$97,441Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,815 /month
Positive
Cash Flow Estimate:
$1,272 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$833/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,814
$635,840
2025
$80,000
$555,840
$635,840
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,814
$635,840

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kind Lending Llc
Conventional
$548,050
No
First
Jun 9, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$538,399
$97,441
15%
85%
$3,286/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,660/mo
$3,286/mo
$-626/mo
5.0%

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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