Overview
Description
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.
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Rooms
- Primary Bedroom
- 0 x 0 / 1
- Bedroom
- 0 x 0 / 2
- Bedroom
- 0 x 0 / 2
- Living Room
- 0 x 0 / 1
- Appliances
- Dishwasher, Electric Range, Gas Water Heater, Microwave
- Interior Features
- Decorative Designer Lighting Fixtures, High Speed Internet, Open Floorplan, Cable Tv, Vaulted Ceilings, Walk In Closets
- Flooring
- Carpet, Ceramic Tile
- Laundry
- Washer Hookup, Electric Dryer Hookup, Laundry In Utility Room
- Fireplaces
- 1 · Gas Starter, Wood Burning
- Heating
- Central, Natural Gas
- Cooling
- Central Air
- Utilities
- Natural Gas Available, Sewer Available, Separate Meters, Water Available, Cable Available
- Architectural Style
- Detached
- Construction
- Brick, Wood Siding
- Roof
- Composition
- Foundation
- Slab
- Pool
- None
- Levels
- Two
- Stories
- 2
- Garage Spaces
- 2
- Attached Garage
- Yes
- Covered Spaces
- 2
Schools
- Elementary
- Hebron Valley (Lewisville ISD)
- Middle
- Creek Valley (Lewisville ISD)
- High
- Hebron (Lewisville ISD)
HOA
- Fee
- $68 / Quarterly
- Fee Includes
- All Facilities, Association Management, Maintenance Grounds
Location
Price & Status History
| Date | Event | Price |
|---|---|---|
| 10/7/2026 | Listed for sale Source: NTREIS #21401594 | $389,900 |
Nearby Properties
Listed by Andrea Humphries · VIP Realty
Source: NTREIS · MLS#: 21401594
Information deemed reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of NTREIS. Real estate listings held by brokerage firms other than Sirka.com are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
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