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$349,900

Beds
3
Baths
2.0
sq ft
1,548

1400 Milam Way, Carrollton, TX 75006

1400 Milam Way

Carrollton, TX 75006

  • 18 days on market
Investor Special — Income-Generating Property with Long-Term Tenants in Place! Calling all investors! This is a prime opportunity to add a reliable, income-producing asset to your portfolio. Featuring long-term tenants already in place, this property offers immediate cash flow from day one. Steady Rental Income: Tenants have a proven rental history, providing consistent returns. Low-Maintenance Investment: The home is well-maintained with minimal upkeep required. Strong Location: Situated in a desirable area with easy access to amenities, schools, and major highways — a smart choice for long-term appreciation. Turnkey Potential: No need to find tenants or handle immediate renovations — just collect rent! Whether you're a seasoned investor or just starting to build your portfolio, this is an excellent chance to secure a property that works for you from day one.

Details

Property type

Single Family Residence

Est. home value

$307,725

Lot size

7,013.16 sq ft

Price per sq ft

$227

Year built

1963

Annual property taxes

$5,153

Price History

03/15/2025
NTREIS

NTREIS #20872449

Listed
$349,900

Schools & Community

Neighborhood: 

Rohton Park

Elementary school: 

Mclaughlin

Middle school: 

Perry

High school: 

Turner

School district: 

Carrollton-Farmers Branch ISD

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Independent Bank

Loan start date

August 2021

Original loan amount

$75,200

Est. remaining balance

Not provided

Interest rate

2.98%

Loan type

Not Provided

Seller

Splendor Builders Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/03/2025 at 2:05 PM

Listing updated: 03/21/2025 at 1:56 PM

Listed by: Juan Hernandez, Mersaes Real Estate, Inc. Phone #: (972) 203-9033

MLS: NTREIS #20872449

NTREIS logo

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