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$500,000

1316 Royal Palm Lane, Carrollton, TX, 75007

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,046 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$244.38 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range

Exterior

Lot Size7,000 sqft

Building Information

Year Built1985
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR115859
Lot Number9
SubdivisionOak Hills Sec 1
Land UseResidential
Legal DescriptionOAK HILLS SEC 1 BLK 3 LOT 9
Census Tract021630
Assessed Land Value$98,000
Assessed Improvement Value$323,486
Assessment Year2025

About this property

Welcome to this inviting 4-bedroom, 2-bathroom home in the heart of Carrollton, offering a comfortable layout and plenty of versatile living space. The spacious living room provides an ideal gathering space for relaxing or entertaining - with a cozy fireplace! And the bright kitchen and dining area create a welcoming spot for everyday meals. The functional kitchen flows easily into the living area, making daily living and hosting a breeze. A sunroom filled with natural light adds valuable flexibility and can be enjoyed as a home office, playroom or reading room. The huge 4th bedroom has a closet and can flex as a fantastic additional living area. Conveniently located near shopping, dining, entertainment, and major highways, this home offers the perfect blend of comfort, functionality, and accessibility in a desirable Carrollton location. Perfectly move in ready!

Investor Tools

$265,905Estimated Mortgage Balance
$229,095Estimated Equity
46% 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

Interested in this property?

Denton Aguam

Keller Williams Legacy

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$346/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,678
$421,486
2025
$98,000
$323,486
$421,486
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,678
$421,486

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Azben Limited Llc
Commercial
$271,920
No
First
Jun 23, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$265,905
$229,095
46%
54%
$1,631/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,090/mo
$1,631/mo
+$459/mo
5.1%

City: Carrollton

1316 Royal Palm Lane | Property Details | No Agent List