Potential Profit$21,814
This single-family property is available as a foreclosure at Raintree Dr. This property features 4 bedrooms and 3 bathrooms, perfect for investment and/or your personal residence. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Carrollton, specifically for Raintree Dr and comparable listings. Based on this expert analysis, the estimated market value is $431,313. This single-family has potential equity of $21,814. If purchased for rental purposes, the monthly rental rate could range between $1,710 and $2,310, providing a solid return on investment. For those interested in resale, the estimated profit from selling is $21,814. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Raintree Dr are updated daily along with others in Carrollton, Texas, ensuring you have the most current and accurate information. Since this property is a foreclosure, be sure to check out our Foreclosure Timeline for Raintree Dr below to see detailed and helpful information about what stage of the foreclosure process this listing is in.
Not in Foreclosure
Pre-Foreclosure
Auction
Bank Owned
There are 5 schools in the area. Nearby schools include Carrollton-Farmers Branch Independent School District and The Covenant School.
There are plenty of activities near this property like Carrollton Public Library, George D. HR Town Center, and more.
Public transportation options include: DART Light Rail System provides access to Dallas and surrounding areas, with several stops in Carrollton., Multiple bus routes connect residents to key local hubs and nearby cities, enhancing commuting options.. Other services include ride-sharing services like Uber and Lyft.
Parks nearby include Carrollton Greenbelt, Josey Ranch Lake Park and more.
Services available in the area include cellular and internet options.
The property located at Raintree Dr in Carrollton, TX is listed as a Foreclosure
Properties like Raintree Dr in Carrollton, Texas listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house in Carrollton, TX. The longer lenders own properties like this on Raintree Dr, the more eager they become to sell, often at reduced prices.Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:
Steps as you search for your foreclosure property:
Foreclosed properties can represent excellent opportunities to acquire real estate at bargain prices. But in order to take full advantage of these opportunities you must have all your information and take an organized approach to finding and acquiring foreclosed properties. Find the location and property that interests you, work with the Realtor and closing agent to learn all you can about the property, and make your offer based upon good information and research.
The estimated rental value for Raintree Dr located in Carrollton, TX is $2,010/month. Comparable homes around Raintree Dr that are rentals have monthly ranges starting as low as $1,710 per month and as high as $2,310 per month. An owner looking to use this property as an investment could bring a return in the area of $1,710 - $2,310 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.
| Start Date | End Date | Listing Type | Bank Name |
|---|---|---|---|
| 04/18/25 | Foreclosure | ||
| 10/17/24 | 03/20/25 | Foreclosure | |
| 09/05/24 | 10/01/24 | Preforeclosure | THE BANK OF NEW YORK MELLON |
| 09/05/24 | 10/01/24 | Preforeclosure | The Bank Of New York Mellon |
| 05/06/24 | 08/03/24 | Bankruptcy | |
| 04/11/24 | 05/07/24 | Preforeclosure | Carrington Mortgage Service... |
| 04/11/24 | 05/07/24 | Preforeclosure | The Bank Of New York Mellon |
| 06/09/23 | 07/05/23 | Preforeclosure | The Country Place Inc |
| 09/14/21 | 10/05/21 | Preforeclosure | The Country Place Inc |
| 06/24/21 | 08/03/21 | Preforeclosure | The Bank Of New York Mellon |
| 06/24/21 | 08/03/21 | Preforeclosure | CARRINGTON MORTGAGE SERVICE... |
| 02/27/14 | 05/06/14 | Preforeclosure | GREEN TREE SERVICING LLC |
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