3825 Branch Hollow CircleCarrollton, TX 75007

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.

Property Information

Property type

Residential

Sub-type

Single Family Residence

Year built

1987

Living area

1,736 Sq Ft

Lot size

0.10 acres

Garage spaces

2

Days on market

34

MLS^® Listing#

21401594

Property Features

Interior

Open Floorplan · Vaulted Ceiling(s) · Walk-In Closet(s) · High Speed Internet

Appliances

Dishwasher · Electric Range · Gas Water Heater · Microwave

Cooling

Central Air

Heating

Central · Natural Gas

Flooring

Carpet · Ceramic Tile

Fireplace

Gas Starter · Wood Burning

Parking

Garage · Garage Door Opener · Garage Faces Front · Attached

Laundry

Electric Dryer Hookup · Washer Hookup

Fencing

Wood

Lot features

Cul-De-Sac · Greenbelt

Construction

Wood Siding · Brick

Foundation

Slab

Roof

Composition

Community

Park

Utilities

Cable Available

Sewer

Public Sewer

Water source

Public

Rooms

Schools

Elementary

Hebron Valley

Middle

Creek Valley

High

Hebron

District

Lewisville ISD

Financial Details

HOA

$68 / QuarterlyAssociation: Villages of Indian Creek

Annual taxes

$7,587

Parcel number

R117306

Directions

From George Bush, north on Old Denton, left on Branch Hollow, left on Branch Hollow Cir, house on right. From 121, east on Hebron, right on Eisenhower, left on Branch Hollow, right on Branch Hollow Cir, house on right.