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$240,000

2201 Salem Dr, Carrollton, TX, 75006

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,374 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$174.67 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListAbsentee OwnerMove-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

Exterior

Lot Size2,369 sqft

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces2

Land Information

APN14050600030360000
Lot Number36
SubdivisionJackson Arms
Land UseResidential
Legal DescriptionJACKSON ARMS BLK C LOT 36 INT202500126200 DD06162025 CO-DC 0506000303600 2CC05060003
Census Tract013720
Assessed Land Value$40,000
Assessed Improvement Value$218,150
Assessment Year2025

About this property

Thank you to the last buyer! They uncovered that there are foundation concerns along with the roof, so with that knowledge we are addressing the foundation and replacing the roof. Welcome to 2201 Salem Dr., a beautifully updated townhouse in the heart of Carrollton, TX! This charming home offers 2 spacious bedrooms, 2 bathrooms, and an open-concept layout that’s perfect for modern living. The updated kitchen features sleek countertops and plenty of storage space, making it ideal for cooking and entertaining. The exposed brick in the living and dining areas adds a touch of character and warmth, creating a unique, inviting atmosphere. Enjoy cozy evenings in the living room with a fireplace, or step outside to the private patio—perfect for relaxing or hosting guests. The oversized master suite is a true retreat, with ample closet space. Located in a desirable neighborhood with easy access to shopping, dining, and major highways, this townhouse combines comfort, convenience, and style—all at an affordable price. Don’t miss out on the opportunity to make this your new home!

Investor Tools

Property Icon
$258,150
Estimated Property Value
$235,653Estimated Mortgage Balance
$26,294Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,549 /month
Positive
Cash Flow Estimate:
$516 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$246/month
$180/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,658
$258,150
2025
$40,000
$218,150
$258,150
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,658
$258,150

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Unknown
$235,653
No
First
Jun 16, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$231,856
$26,294
10%
90%
$1,413/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$1,593/mo
+$447/mo
9.5%

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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2201 Salem Dr | Property Details | No Agent List