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$379,500

NAL Estimated Property Value

2225 Chapman Dr, Carrollton, TX, 75010

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,461 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$198.49 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size5,449 sqft

Building Information

Year Built1997
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR188090
Lot Number12
SubdivisionArbor Creek Ph 3
Land UseResidential
Legal DescriptionARBOR CREEK PH 3 BLK D LOT 12
Census Tract021640
Assessed Land Value$103,550
Assessed Improvement Value$308,692
Assessment Year2025

About this property

Multiple offers received! Final and best due by Sat. 3-20 at 5pm. Beautiful and charming home on corner lot in Arbor Creek. Conveniently located by shopping, restaurants, half a mile from LISD schools. Open floorplan, with fresh paint throughout, 3 bedrooms upstairs, 2.5 bath, 2.5 car garage with rear entry and work sink. No carpet, no HOA. Deck in back yard with plenty of space to play. Easy access to Tollway, TX 121 and George Bush turnpike. Come see this gem for yourself!

Investor Tools

Property Icon
$379,500
Estimated Property Value
$230,193Estimated Mortgage Balance
$149,307Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,277 /month
Positive
Cash Flow Estimate:
$759 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$563/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,864
$379,500
2025
$103,550
$308,692
$412,242
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,864
$379,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wintrust Mortgage
Conventional
$255,000
No
First
Apr 20, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$230,193
$149,307
39%
61%
$1,529/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,260/mo
$1,529/mo
+$731/mo
7.1%

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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2225 Chapman Dr | Property Details | No Agent List