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$298,750

NAL Estimated Property Value

2171 Southern Place A, Carrollton, TX, 75006

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,467 Sq Ft
price_per_sqft$135.58 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Plumbed For Ice Maker, Refrigerator
FlooringCeramic Tile

Exterior

Lot Size5,616 sqft

Building Information

Year Built1980
Stories1
Roof Type105
Garage Spaces2

Land Information

APN14104600050050000
Lot Number5
SubdivisionSpringwood
Land UseResidential
Legal DescriptionSPRINGWOOD BLK E PT LT 5 13.49X133.16X56.03X62.85X155.14 INT201900279393 DD10152019 CO-DC 1046000500500 2CC10460005
Census Tract013721
Assessed Land Value$40,000
Assessed Improvement Value$258,750
Assessment Year2025

About this property

This attractive home is nestled in a quiet, well established community. Meticulously maintained and ready for you to move in and start making memories! It has a Light & Bright Open Layout with vaulted ceilings, lots of windows and 2 spacious bedrooms and baths. Features fresh paint and wood look plank tile throughout for a easy to maintain modern feel... NO CARPET! The large windows offer great views of the solarium, giving this home a peaceful and tranquil feel. The large fenced back yard and attached garage is a rare find with a duplex in this area, so don't miss your opportunity. Perfectly located near Hutton Branch Purple Trail, schools, shopping, and hwys for easy commuting. Refrigerator stays with home.

Investor Tools

Property Icon
$298,750
Estimated Property Value
$138,439Estimated Mortgage Balance
$160,311Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,793 /month
Positive
Cash Flow Estimate:
$598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$410/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,428
$298,750
2025
$40,000
$258,750
$298,750
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,428
$298,750

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of England
Conventional
$159,120
No
First
Oct 15, 2019
Nov 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$138,439
$160,311
53%
46%
$955/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,620/mo
$955/mo
+$665/mo
6.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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