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$551,600

NAL Estimated Property Value

2212 Lorraine Dr, Carrollton, TX, 75006

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,945 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$169.78 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Cooktop, Electric Oven, Electric Range, Gas Water Heater, Microwave, Double Oven, Vented Exhaust Fan
FlooringCarpet, Tile

Exterior

Lot Size10,009 sqft

Building Information

Year Built1986
Stories1
Roof Type105
Garage Spaces2

Land Information

APN140525400E0070000
Lot Number7
SubdivisionJosey Ranch Sec
Land UseResidential
Legal DescriptionJOSEY RANCH SEC 1 BLK E LOT 7 VOL2002238/2137 DD06142002 CO-DC 0525400E00700 1140525400E
Census Tract020700
Assessed Land Value$80,000
Assessed Improvement Value$471,600
Assessment Year2025

About this property

Discover exceptional space and versatility at 2212 Lorraine Drive, a 4-bedroom, 3-bath residence offering approximately 2,945 square feet of living space. Built in 1986, this property presents an outstanding opportunity for buyers seeking generous room sizes, multiple gathering areas, and the ability to personalize a well-designed home with lasting appeal. Being sold by an estate and offered as-is, the property provides a chance to add your own style while benefiting from an expansive floorplan. Inside, tall ceilings enhance the sense of openness throughout the home, creating an airy atmosphere. The layout is designed for both daily living and entertaining, featuring two spacious living and den areas that provide flexibility for relaxation, recreation, remote work, hobbies, or hosting guests. A dedicated formal dining room adds functionality and elegance, offering an ideal setting for special occasions and gatherings. One of the home's standout features is the oversized primary suite. The adjoining bath includes twin sinks, a separate tub and shower, abundant cabinetry, numerous drawers, and extensive storage options. Generous closet space further enhances the suite, delivering the storage capacity many buyers prioritize in their home search. The secondary bedrooms offer flexibility for a variety of uses, while the third bathroom adds convenience and practicality. Natural light flows through the living spaces, contributing to the welcoming feel of the home. At the rear of the property, a sunroom provides an additional area to unwind, read, work, or simply enjoy a quiet break from the day. Garage has a separate AC and insulated doors for comfortable workshop timkering. Buyers searching for a home with large rooms, high ceilings, multiple living spaces, extensive storage, a formal dining area, and a spacious primary suite will appreciate the possibilities here. 2212 Lorraine Drive combines size, functionality, and opportunity in a property ready for its next chapter.

Investor Tools

Property Icon
$551,600
Estimated Property Value
$66,408Estimated Mortgage Balance
$485,192Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,310 /month
Positive
Cash Flow Estimate:
$1,103 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$466/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,835
$551,600
2025
$80,000
$471,600
$551,600
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,835
$551,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
James B Nutter & Company
Stand Alone First / Home Equity First Lien
$186,000
No
First
Jan 18, 2016
Feb 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$66,408
$485,192
87%
12%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,660/mo
$150/mo
+$2,510/mo
5.8%

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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2212 Lorraine Dr | Property Details | No Agent List