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$475,000

NAL Estimated Property Value

3708 Bishop Hill Dr, Carrollton, TX, 75007

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,288 Sq Ft
price_per_sqft$201.01 / 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, Electric Oven, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size8,516 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR48054
Lot Number11
SubdivisionHighlands Of Carrollton Sec 3
Land UseResidential
Legal DescriptionHIGHLANDS OF CARROLLTON SEC 3 BLK E LOT 11
Census Tract021632
Assessed Land Value$104,370
Assessed Improvement Value$370,630
Assessment Year2025

About this property

Lovely Highlands custom, incredible floor plan, great curb appeal, mature trees, lush landscaping, summer ready backyard with sparkling pool, covered patio, large grassy area, and board-on-board wood fence with metal posts. View of patio and back yard from both living areas – the den is spacious and has a cozy fireplace; French doors lead to the 2nd living area which makes a great game room and has a door to the patio and back yard – great setup for entertaining. Enjoy meal prep in the kitchen with generous cabinets and counter space and spacious breakfast area with breakfast bar. The primary suite is spacious and has a wonderfully designed bath featuring dual vanities and dressing areas - each with it's own closet, plus a separate tub and shower. Room for a freezer in the utility. Must see! Oak Hills Tennis Center is nearby. Carrollton is home to Rosemeade Recreation Center which has an aquatic park, play park and dog park. Carrollton has many parks and trails.

Investor Tools

Property Icon
$475,000
Estimated Property Value
$415,635Estimated Mortgage Balance
$59,365Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$438/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,880
$475,000
2025
$104,370
$370,630
$475,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,880
$475,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Finance Services Llc
Conventional
$441,350
No
First
Mar 31, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$415,635
$59,365
12%
88%
$2,647/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
$2,647/mo
$-557/mo
5.3%

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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