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$391,000

NAL Estimated Property Value

2242 Roundrock Dr, Carrollton, TX, 75007

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,991 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.95 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Cooktop, Microwave
FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size7,501 sqft

Building Information

Year Built1980
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR49026
Lot Number11
SubdivisionMorningside 1
Land UseResidential
Legal DescriptionMORNINGSIDE 1 BLK 4 LOT 11
Census Tract021638
Assessed Land Value$93,750
Assessed Improvement Value$275,846
Assessment Year2025

About this property

After brand new laminate flooring and fresh paint this beautiful home is ready for new tenants! There are 3 large bedrooms and a study that could easily be used as a 4th bedroom. The master bath has 2 separate vanities and 2 walk in closets. A second living area is a perfect game room or media room. Any cook will love the abundance of counter space and cabinetry in the large kitchen with gas cooktop and stainless steel appliances. Enjoy the spring weather in your large covered patio and large yard.

Investor Tools

Property Icon
$391,000
Estimated Property Value
$173,145Estimated Mortgage Balance
$217,855Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,346 /month
Positive
Cash Flow Estimate:
$782 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$388/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,700
$369,596
2025
$93,750
$275,846
$369,596
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,700
$369,596

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Great Western Financial Services Inc
Conventional
$196,500
No
First
Apr 14, 2020
May 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$173,145
$217,855
55%
44%
$1,179/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
$1,179/mo
+$911/mo
6.4%

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.

Explore Texas Explore This Area
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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2242 Roundrock Dr | Property Details | No Agent List