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$2,762,000

NAL Estimated Property Value

2235 N Carroll Avenue, Southlake, TX, 76092

Off MarketInfo
Baths0 Bath
Baths6,550 Sq Ft
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1.15 acres

Building Information

Year Built2022

Land Information

APN42083H--60
Lot Number60
SubdivisionThroop, F No 1511 Addition
Land UseResidential
Legal DescriptionTHROOP, F NO 1511 ADDITION LOT 60
Census Tract113956
Assessed Land Value$760,800
Assessed Improvement Value$1,939,200
Assessment Year2025

About this property

NEW lots available in Carroll ISD! Built your dream home with V. Patrick Gray Custom Homes! This is one of 4 one + acre lots. Plat subject to final approval in September 2020. West facing lot with East back.

Investor Tools

Property Icon
$2,762,000
Estimated Property Value
$1,963,181Estimated Mortgage Balance
$798,819Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$16,572 /month
Positive
Cash Flow Estimate:
$5,524 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,066/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$34,979
$2,700,000
2025
$760,800
$1,939,200
$2,700,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$34,979
$2,700,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Building Or Construction Loan
$2,125,931
No
First
Apr 21, 2022
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,963,181
$798,819
28%
71%
$12,747/mo

Learn About the Market: Opportunity in Texas

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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: Southlake

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2235 N Carroll Avenue | Property Details | No Agent List