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$245,940

NAL Estimated Property Value

2922 Lockwood Dr, Carrollton, TX, 75007

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,088 Sq Ft
price_per_sqft$229.77 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range
FlooringTile

Exterior

Lot Size7,797 sqft

Building Information

Year Built1968
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR51073
Lot Number12
SubdivisionWoodlake No 2
Land UseResidential
Legal DescriptionWOODLAKE NO 2 BLK 10 LOT 12
Census Tract021615
Assessed Land Value$77,600
Assessed Improvement Value$168,340
Assessment Year2025

About this property

**INVESTOR SPECIAL **This property is an excellent opportunity for investors or homeowners looking to customize a home to their exact specifications for short term or long term investments. House needs a lot of work and will need to be totally rehabbed. 3 bedrooms and 2 full baths with 2 living areas. Back room addition was poorly installed and might be a possible tear down. Serious inquires only and must be cash or hard money. No verbal or blind offers. Please follow offer instructions in transaction desk. Please provide proof of funds or approval letter when submitting a written offer. This is an Estate Sales please do not change title company, no survey or seller's disclosures. Buyer and buyer agent to verify all information and measurements.Contact the office for additional questions.

Investor Tools

Property Icon
$245,940
Estimated Property Value
$0Estimated Mortgage Balance
$245,940Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$147/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$540
$245,940
2025
$77,600
$168,340
$245,940
No

Tax History

Year
Tax Paid
Assessed Value
2024
$540
$245,940

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$245,940
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
N/A
+$2,090/mo
10.2%

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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2922 Lockwood Dr | Property Details | No Agent List