Property
Beds
3
Full Baths
2
1/2 Baths
1
Year Built
1987
Sq.Footage
1,736
INVESTOR OPPORTUNITY – BUILT-IN TENANT FROM DAY ONE! Seller will do a 1-year leaseback at a negotiated rental rate. Skip the tenant search and vacancy period while acquiring a well-located Carrollton property with immediate rental income, significant improvements already completed and additional value-add potential. PREMIUM LOCATION WITH A RARE COMBINATION: CUL-DE-SAC LOT, GREENBELT DIRECTLY BEHIND THE HOME AND NEIGHBORHOOD PARK ADJACENT, PLUS LEWISVILLE ISD, LOW TAXES AND NO MUD OR PID. This combination of location, lot and accessibility supports both long-term rental appeal and future resale potential. Much of the work is already done. UPDATES: FOUNDATION REPAIRED, MAIN SEWER LINE REPLACED, REAR WINDOWS & SCREENS (2022) HVAC AND ROOF (2021). PRIMARY BEDROOM & BATH AND GUEST BATH REMODELED (2023), DOWNSTAIRS HALF BATH (2019). DOWNSTAIRS WOOD LOOK TILE FLOORING, POPCORN CEILING REMOVAL, RECESSED KITCHEN LIGHTING, UPDATED FIXTURES AND CEILING FANS, STOVE AND MICROWAVE (2019), DISHWASHER (2023) AND RADIANT BARRIER (2013) Remaining value-add items are primarily cosmetic: paint and cosmetic crack repair from previous foundation work, upstairs carpet, kitchen countertops and landscaping. Improve on your timeline while the property is already producing rental income. Convenient to schools, Costco, new HEB coming, H Mart, Grandscape, grocery, shopping, dining and major employment centers with quick access to SH 121, DNT, I-35E and George Bush Turnpike. BUY IT. COLLECT RENT. IMPROVE IT LATER. HOLD FOR THE LONG TERM. A built-in tenant, major capital improvements already completed, limited remaining cosmetic work and a hard-to-duplicate location make this a compelling buy-and-hold opportunity.
Features & Amenities
Interior
-
Other Interior Features
Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s), High Speed Internet
-
Total Bedrooms
3
-
Bathrooms
2
-
1/2 Bathrooms
1
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
YES
-
Heating YN
YES
-
Heating
Central, Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
2
-
Construction Materials
Wood Siding, Brick
-
Parking
Garage, Garage Door Opener, Garage Faces Front, Attached
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Cul-De-Sac, Greenbelt
-
Lot Size(acres)
0.096
-
Lot Size(square feet)
4,181
-
Property Type
Residential
-
Property Sub Type
Single Family Residence
Price
-
Sales Price
$389,900
-
Tax Amount
$7,587
-
Financing Options
Cash, Conventional
-
Sq. Footage
1,736
-
Price/SqFt
$224
HOA
-
Association
YES
-
Association Fee
$68
-
Association Fee Frequency
Quarterly
-
Association Fee Includes
N/A
School District
-
Elementary School
Hebron Valley
-
Middle School
Creek Valley
-
High School
Hebron
Property Features
-
Foundation Details
Slab
-
Sewer
Public Sewer
-
Tax Lot
12
-
Water Source
Public
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Location
County
Denton
Elementary School
Hebron Valley
Middle School
Creek Valley
High School
Hebron
Listing Courtesy of Andrea Humphries, VIP Realty
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AGENT
Joe Boston
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