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$238,000

3550 Country Square Dr Apt 505, Carrollton, TX, 75006

On MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,252 Sq Ft
price_per_sqft$190.1 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator
FlooringCarpet, Vinyl

Exterior

Lot Size7.60 acres

Building Information

Year Built1982
Stories2
Roof Type105

Land Information

APN14056300000E00505
SubdivisionLakeshore Condominiums
Land UseResidential
Legal DescriptionLAKESHORE CONDOMINIUMS TR 1.1 ACS 3.3543 BLDG E UNIT 505 CE 2.0862% INT202200154979 DD05312022 CO-DC 0276000200200
Census Tract013725
Assessment Year2025

About this property

Owner will pay your first 3 months of HOA fees, offering immediate value and peace of mind as you settle into your new home. Welcome to this beautifully maintained 2 bedroom, 2.5 bath townhouse located in a quiet, serene neighborhood just minutes from the heart of Addison. Enjoy the perfect balance of tranquility and convenience, with some of the best nightlife, dining, and entertainment in Dallas just a 5 minute drive away. You can even catch stunning Fourth of July fireworks right from home. This 1,252 sq. ft residence features thoughtful upgrades throughout, including two brand new AC units keeping the average monthly electric bill around $125, a brand new roof, a new refrigerator, and a new boiler for the building. All kitchen appliances are included, making this home truly move in ready. One of the standout features is the backyard oasis a peaceful setting overlooking a large pond filled with ducks, turtles, cranes, koi fish, and more. Enjoy the calming sound of the waterfall from both the living room and the primary bedroom, creating a relaxing atmosphere day and night. The $522 month HOA covers a wide range of essential services and amenities, including exterior maintenance roofing, siding, painting, landscaping, lawn care, and upkeep of all shared outdoor spaces including the pond. It also includes water, sewer, trash and recycling, exterior pest control, and insurance covering the building structure and common areas. Residents also enjoy access to community amenities such as a pool, hot tub, and clubhouse. This home offers low main. Roof only 8months old, HVAC and Water Heater are 1 yr old!

Investor Tools

$203,993Estimated Mortgage Balance
$124,129Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,962 /month
Positive
Cash Flow Estimate:
$654 /month

Interested in this property?

Marissa Tah

Orchard Brokerage

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$518/month
$522/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,585
$255,000
2025
N/A
N/A
$255,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,585
$255,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$220,500
No
First
May 31, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$203,993
$51,007
20%
62%
$1,323/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,620/mo
$1,845/mo
$-225/mo
5.9%

City: Carrollton