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$690,000

NAL Estimated Property Value

2241 Madison St, Carrollton, TX, 75010

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,078 Sq Ft
price_per_sqft$211.18 / sqft
Year BuiltBuilt in 2020

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
AppliancesSome Gas Appliances, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Plumbed For Gas, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesPrivate Yard, Rain Gutters
Lot Size4,051 sqft

Building Information

Year Built2019
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR725483
Lot Number31
SubdivisionHamilton Park
Land UseResidential
Legal DescriptionHAMILTON PARK BLK A LOT 31
Census Tract021651
Assessed Land Value$116,469
Assessed Improvement Value$573,531
Assessment Year2025

About this property

Meticulously maintained beauty, situated within Taylor Morrison's Hamilton Park community. This exquisite residence exudes elegance and charm, located directly across from the gazebo greenbelt area. With a generously sized office adorned with elegant French doors at the front of the home. The kitchen has been thoughtfully upgraded with designer tile backsplash, a spacious island, large walk-in pantry, & fancy custom bar area with beverage fridge. The open floor plan features stunning wood floors, a downstairs media room that can also be used as a multi functional entertainment space. Indulge in the luxurious master suite, boasting a magnificent ensuite bathroom complete with an oversized shower, a free standing soaking tub, and a spacious oversized closet. Garage has storage & workbench area. The location is within great proximity to the tranquil Arbor Hills Nature Preserve, Willow Bend Mall, the vibrant Grandscape shopping & dining destinations, and the bustling Legacy West area.

Investor Tools

Property Icon
$690,000
Estimated Property Value
$426,699Estimated Mortgage Balance
$263,301Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,140 /month
Positive
Cash Flow Estimate:
$1,380 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,165/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,536
$690,000
2025
$116,469
$573,531
$690,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,536
$690,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ricardo D And Lynnette A Gallegos Trust
Purchase Money Mortgage
$450,000
No
First
Jul 24, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$426,699
$263,301
38%
62%
$2,698/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,260/mo
$3,298/mo
$-1,038/mo
3.9%

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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2241 Madison St | Property Details | No Agent List