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$485,000

NAL Estimated Property Value

3705 Bishop Hill Dr, Carrollton, TX, 75007

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,234 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$223.81 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Wine Cooler
FlooringLaminate, Tile

Exterior

Lot Size10,250 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR48069
Lot Number37
SubdivisionHighlands Of Carrollton Sec 3
Land UseResidential
Legal DescriptionHIGHLANDS OF CARROLLTON SEC 3 BLK B LOT 37
Census Tract021632
Assessed Land Value$125,563
Assessed Improvement Value$354,437
Assessment Year2025

About this property

Multiple Offers Received. Welcome to this charming one-story abode with captivating character, offering a seamless flow and distinct spaces for ultimate comfort. The living room welcomes with tall vaulted ceilings, creating an airy ambiance. In the kitchen, find granite countertops and a generous buffet bar, ideal for hosting gatherings. Indulge in the opulent master bathroom, where vaulted ceilings meet rich cedar wood accents, a clawfoot bathtub, and a sprawling dual-head shower. The custom-built master closet system ensures organizational bliss. Outside, the spacious backyard beckons with a patio and deck, perfect for outdoor relaxation and entertaining. Wonderful central location to get anywhere quick in Plano, Carrollton and Dallas with convenient location as it sits in the center of the North Dallas Tollway and George Bush Tollway.

Investor Tools

Property Icon
$485,000
Estimated Property Value
$480,873Estimated Mortgage Balance
$4,127Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$453/month
$135/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,012
$480,000
2025
$125,563
$354,437
$480,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,012
$480,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Home Mortgage Llc
Fha
$498,798
Yes
First
May 28, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$480,873
$4,127
0%
99%
$2,991/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
$3,126/mo
$-1,036/mo
5.2%

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.

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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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3705 Bishop Hill Dr | Property Details | No Agent List