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$391,986

1017 Lake Cypress Lane, Little Elm, TX, 75068

SoldInfo
6/12/26
LeaseInfo
Beds3 Beds
Baths2 Bath
Baths2,020 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.21 / sqft
Year BuiltBuilt in 2018

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size5,824 sqft

Building Information

Year Built2018
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR714240
Lot Number24
SubdivisionPaloma Creek Lakeview Phase 2-D2
Land UseResidential
Legal DescriptionPALOMA CREEK LAKEVIEW PHASE 2-D2 BLK S LOT 24
Census Tract020136
Assessed Land Value$87,375
Assessed Improvement Value$304,611
Assessment Year2025

About this property

Executive one-story home with tall ceiling is ready for move in! Located in desirable Paloma Creek Lakeview with community pools & minutes from the lake. Lots of natural light in this home. Enter the spacious home with 2 bedrooms and 1 bath on the right. There is a flex room to the left that can be used as study, game room or formal dining or living area. This open floor plan is great for entertaining in the large living room, fireplace and kitchen with granite countertops, island & large pantry. Relax in the master bedroom & bath with dual vanities & walk in closet. Enjoy some time under a covered patio in the nice sized back yard. Close to 380, Tollway for groceries, retail, and restaurants.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$849/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,225
$391,986
2025
$87,375
$304,611
$391,986
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,225
$391,986

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Absolute Mortgage & Lending
Conventional
$284,925
No
First
Oct 25, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$259,696
$132,290
33%
66%
$1,709/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$1,709/mo
+$1,161/mo
8.8%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Little Elm

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1017 Lake Cypress Lane | Property Details | No Agent List