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$370,000

NAL Estimated Property Value

2235 Trinity Springs Drive, Carrollton, TX, 75007

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,648 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$227.55 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesFire Pit, Rain Gutters
Lot Size7,545 sqft

Building Information

Year Built1980
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR49064
Lot Number19
SubdivisionMorningside 1
Land UseResidential
Legal DescriptionMORNINGSIDE 1 BLK 4 LOT 19
Census Tract021638
Assessed Land Value$94,350
Assessed Improvement Value$268,269
Assessment Year2025

About this property

Move-in ready home in a prime location in Carrollton! Home features 3 bedrooms, 2 baths and updates throughout! Easy maintenance waterproof vinyl plank wood flooring throughout home. Spacious living room with vaulted ceilings and beautiful wood burning fireplace. Kitchen has been completely updated w granite countertops, stainless steel appliances, backsplash and farm sink. Large master bedroom features oversized and updated walk-in shower. There are 2 more spacious bedrooms along w updated secondary bath. Full size utility room w cabinetry. Spacious backyard has plenty of trees and a firepit-perfect for entertaining! Home is in a prime location with just two turns to get onto George Bush Tollway. I-35, DN Tollway, and 121 all are within close proximity. Home has had a lot of upgrades, please see the full list in the supplements. Come see this one today!

Investor Tools

Property Icon
$370,000
Estimated Property Value
$295,613Estimated Mortgage Balance
$74,387Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$374/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,636
$362,619
2025
$94,350
$268,269
$362,619
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,636
$362,619

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Merit Lending Llc
Conventional
$300,000
No
First
Jul 23, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$295,613
$74,387
20%
80%
$1,799/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
$1,799/mo
+$291/mo
6.8%

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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2235 Trinity Springs Drive | Property Details | No Agent List