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$509,900

1514 Carnation Street, Celina, TX, 75078

$628,726 ARVInfo
On MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,041 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.68 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Must-SellHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Electric Oven, Gas Cooktop, Disposal, Microwave, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet

Exterior

Lot Size6,085 sqft

Building Information

Year Built2017
Stories2
Garage Spaces2

Land Information

APNR-11220-00J-0150-1
Lot Number15
SubdivisionLilyana Phase 1 (Ccl)
Land UseResidential
Legal DescriptionLILYANA PHASE 1 (CCL), BLK J, LOT 15
Census Tract030307
Assessed Land Value$150,000
Assessed Improvement Value$486,271
Assessment Year2025

About this property

Fresh updates, move-in-ready convenience and a negotiated 2-1 rate buydown opportunity make this four-bedroom, three-bath Highland Home a standout in Lilyana and Prosper ISD. A 2-1 temporary rate buydown has been negotiated with a lender to provide payment relief during the first two years for qualified buyers, subject to lender approval and program terms. Brand-new carpet, fresh interior paint and completed landscaping deliver a like-new feel without starting from scratch. The thoughtfully designed floor plan features two bedrooms downstairs, a dedicated study, and separate game and media rooms upstairs. At the heart of the home, a bright kitchen with white cabinetry and a large island opens to the breakfast area and a dramatic two-story living room with a stone fireplace. Built-in dining room cabinetry with a wine rack adds storage and entertaining appeal. The oversized downstairs primary suite offers space for a sitting area, plus dual sinks, a soaking tub and a separate shower. A second downstairs bedroom and full bath provide flexibility for guests, while the study with French doors creates a private work-from-home space. Upstairs, two additional bedrooms and a shared bath accompany the spacious game room and separate media room. Hardwood floors extend through most of the first floor, complemented by new carpet in the bedrooms and upstairs spaces. An extended covered patio overlooks a generously sized backyard with room to envision a future pool or expanded outdoor living. Just steps from Lilyana’s community pool and park, this home pairs established-neighborhood convenience with fresh finishes and exceptional value. Zoned for Lilyana Elementary and Walnut Grove High School. Contact listing agent for buydown details, eligibility and terms. Buyer to verify schools and all information.

Investor Tools

$255,107Estimated Mortgage Balance
$381,164Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$628,726
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,818 /month
Positive
Cash Flow Estimate:
$1,273 /month

Interested in this property?

Danette Ewoldt

Pinnacle Realty Advisors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,434/month
$438/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,024
$636,271
2025
$150,000
$486,271
$636,271
No

Tax History

Year
Tax Paid
Assessed Value
2025
$14,024
$636,271

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highland Homeloans Llc
Va
$309,105
Yes
First
Mar 29, 2018
Apr 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$255,107
$381,164
59%
40%
$1,854/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,450/mo
$2,292/mo
+$1,158/mo
6.5%

City: Celina