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$480,106

NAL Estimated Property Value

1017 Southfork Dr, Little Elm, TX, 75068

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,388 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.15 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size7,244 sqft

Building Information

Year Built2003
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR246917
Lot Number16
SubdivisionStardust Ranch Ph 2
Land UseResidential
Legal DescriptionSTARDUST RANCH PH 2 BLK E LOT 16
Census Tract020119
Assessed Land Value$178,848
Assessed Improvement Value$301,258
Assessment Year2025

About this property

PETS ALLOWED..WOW...Enjoy the soothing breeze and watch the spectacular sunset from your own lake view back yard! Fully Updated Lakeview Home on Oversized Lot. Island Kitchen with Stainless Appliances & Granite Counters overlooking Living with Corner Fireplace. Large Covered Patio in Back Yard. And the views...you cant beat the views! New carpet and fresh paint...This home is not to be missed, this home will not last long! Owner to have landscape company do weed maintenance and tenant is responsible for watering and mowing.

Investor Tools

Property Icon
$480,106
Estimated Property Value
$283,438Estimated Mortgage Balance
$196,668Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,881 /month
Positive
Cash Flow Estimate:
$960 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$976/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,317
$480,106
2025
$178,848
$301,258
$480,106
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,317
$480,106

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Athas Capital Group Inc
Commercial
$307,500
No
First
Mar 11, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$283,438
$196,668
40%
59%
$1,844/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$2,194/mo
+$676/mo
7.2%

Learn About the Market: Opportunity in Texas

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Explore

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 Southfork Dr | Property Details | No Agent List