3825 Branch Hollow Cir, Carrollton, TX 75007

$389,900
3
BD
3
BA
1,736
SqFt

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List Price
$389,900
MLS#
21401594
Status
ACTIVE
Type
Single Family Residential
Subtype
Residential
Style
Detached
Year Built
1987
Bedrooms
3
Full Baths
2
Half Baths
1
Acres
0.10
Living Area
1,736
County
Denton
City
Carrollton
Subdivision
Villages Of Indian Creek Ph 1
Number of Stories
2
Architecture Style
Detached

Property 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.

Additional Information

Unexempt Taxes
$7,587
HOA Fees
$68
HOA Freq
Quarterly
Amenities
Fireplace
Lot Size
4,181
Acres
0.10
Lot Description
Cul-De-Sac, Backs To Greenbelt Park, Greenbelt
Interior Features
Decorative Designer Lighting Fixtures, High Speed Internet, Open Floor Plan, Cable TV, Vaulted/Cathedral Ceilings, Walk-In Closet(s)
Flooring
Carpet, Tile
Foundation
Slab
Roof
Composition
Stories
2
Pool Features
None
Fireplaces
1
Fireplace Type
Gas Starter, Wood Burning
Garage Spaces
2
Parking Garage
Garage Faces Front, Garage, Garage Door Opener
School District
Lewisville Isd
Elementary School
Hebron Valley
Middle School
Creek Valley
High School
Hebron
Possession
SubjectToTenantRights
Community Features
Park, Near Trails/Greenway

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Andrea Humphries from VIP Realty. Contact: 214-295-4888

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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