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$298,817

NAL Estimated Property Value

3138 Abbey Rd, Carrollton, TX, 75007

SoldInfo
8/13/26
Beds3 Beds
Baths1 Bath
Baths1,472 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.65 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size8,185 sqft

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR50412
Lot Number24
SubdivisionWoodlake No 3
Land UseResidential
Legal DescriptionWOODLAKE NO 3 BLK 1 LOT 24
Census Tract021615
Assessed Land Value$78,368
Assessed Improvement Value$220,449
Assessment Year2025

About this property

Priced to Sell As-Is — Investor Special in Carrollton! Opportunity knocks in the established Woodlake neighborhood featuring miles of hike and bike trails, tennis-pickleball courts, basketball courts and playground areas! This 3-bedroom, 2-full bath single-story home WITH AN IN-GROUND SWIMMING POOL offers 1,472 sq ft! The home was built in 1973... the bones are there — but the home needs some TLC to take it to the next level! Roof looks newer! Luxury Vinyle Plank Present! Windows have been replaced! 6 panels doors! Gutters WITH leaf guards! This home is being sold strictly as-is, reflected in the aggressive list price. Whether you're a seasoned flipper, buy-and-hold investor, or an owner-occupant willing to roll up your sleeves, this is your chance to build instant equity in a sought-after Carrollton location. Comparable homes on the street that have been updated are commanding considerably higher values — the spread is real! Foundation work likely needed. Conveniently located with easy access to I-35E, the Dallas North Tollway, and major employment corridors throughout the DFW Metroplex. Carrollton-Farmers Branch ISD. WE ARE LOOKING FOR A PATIENT BUYER AS THE COURT HAS TO APPROVE ANY CONTRACT THAT THE ADMINISTRATOR CAN SIGN WITH A BUYER!! THAT MAY TAKE 1 MONTH OR MORE TO OBTAIN! Seller is NOT required to supply a Seller's Disclosure as this is an estate. No Survey available. Cash in hand or hard money buyers preferred! Schedule your showing today before this one is gone.

Investor Tools

Property Icon
$298,817
Estimated Property Value
$101,398Estimated Mortgage Balance
$197,751Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,793 /month
Positive
Cash Flow Estimate:
$598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$305/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,162
$298,817
2025
$78,368
$220,449
$298,817
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,162
$298,817

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Newrez Llc
Commercial
$105,520
No
First
Apr 17, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$101,398
$226,602
69%
34%
$633/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
$633/mo
+$1,457/mo
8.4%

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: Carrollton

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3138 Abbey Rd | Property Details | No Agent List