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BACK 40 REALTY
3825 Branch Hollow Cir, Carrollton, TX 75007
- $384,900
- 3
- BD
- 3
- BA
- 1,736
- SqFt
- List Price
- $384,900
- Status
- ACTIVE
- Price Change
- ▼ $5,000 1794711887
- MLS#
- 21401594
- Subtype
- Residential
- Style
- Detached
- Architectural Style
- Detached
- Year Built
- 1987
- Bedrooms
- 3
- Bathrooms
- 3
- Full Baths
- 2
- Half Baths
- 1
- Living Area
- 1,736
- Lot Size
- 4,181
- Acres
- 0.10
- Subdivision
- Villages Of Indian Creek Ph 1
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
- Amenities
- Fireplace
- Interior Features
- Decorative Designer Lighting Fixtures, High Speed Internet, Open Floor Plan, Cable TV, Vaulted/Cathedral Ceilings, Walk-In Closet(s)
- Taxes
- $7,587
- HOA Fee
- $68
- Property Description
- Detached
- Flooring
- Carpet, Tile
- Appliances
- Dishwasher, Electric Range, LP Gas Water Heater, Microwave
- Heating
- Central, Natural Gas
- Air Conditioning
- Central Air
- Stories
- 2
- Levels
- Two
- Roof
- Composition
- Foundation
- Slab
- Parking Features
- Garage Faces Front, Garage, Garage Door Opener
- Garage Spaces
- 2
- School District
- Lewisville Isd
- Elementary School
- Hebron Valley
- Middle School
- Creek Valley
- High School
- Hebron
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Listing courtesy of Andrea Humphries from VIP Realty. Contact: 214-295-4888
Listings 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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