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$503,701

NAL Estimated Property Value

1020 Perennial Ln, Little Elm, TX, 75068

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,032 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.66 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size8,625 sqft

Building Information

Year Built2016
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR658591
Lot Number5
SubdivisionPaloma Creek South Phase 13b
Land UseResidential
Legal DescriptionPALOMA CREEK SOUTH PHASE 13B BLK E LOT 5
Census Tract020136
Assessed Land Value$105,727
Assessed Improvement Value$397,974
Assessment Year2025

About this property

Absolute stunner built by Bloomfield Homes with all the high-end upgrades you could possibly want at an absolutely showstopping price! On one of the largest lots in the neighborhood with an extremely rare 3-car wide cedar paneled garage! 4 beds, 2.5 baths, 3 car garage, media room, game room, on a huge corner lot with covered porch and patio. Nail-down handscraped hardwood floors throughout the ground level make a dramatic difference in finish out. Upgraded cabinets, tile, and carpet throughout with granite counters in every bathroom. Chef’s kitchen boasts SS appliances, double oven, gas cooktop, massive pantry, extra can lighting added, huge island with tiled accent wall, and refrigerator stays. Well-appointed primary suite and bath with an incredible dual-head shower and large closet on the first floor. Large game room, three spacious bedrooms, full bath and a giant tiered media room upstairs perfect for movie nights and play area. Highly upgraded exterior elevation and stone. Rare oversized 3-car wide garage with door leading to the massive backyard and epoxy garage flooring. Extra can lighting installed in the garage as well as two 240V plugs for EV charging or tools and equipment. Additional blown-in insulation above the garage to help with the summer heat. Extended covered back patio with extra concrete pad is perfect for entertaining and grilling with an enormous yard perfect for playing catch, kicking a soccer ball, or your most extravagant pool designs. Smart features like Nest thermostats and Google doorbell installed. Refrigerator, Washer and Dryer all convey with the sale. High efficiency water heater was replaced in 2024. Quiet and incredibly friendly neighborhood within walking distance to schools and lots of amenities including 4 neighborhood pools, 2 recreation fitness centers, playgrounds, parks, and bike trails maintained by the HOA. Easy connection to anywhere in the metroplex with Hwy 380 access. This one will not last! Schedule a tour today!

Investor Tools

Property Icon
$503,701
Estimated Property Value
$390,056Estimated Mortgage Balance
$113,645Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,022 /month
Positive
Cash Flow Estimate:
$1,007 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$924/month
$167/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,567
$503,701
2025
$105,727
$397,974
$503,701
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,567
$503,701

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Planet Home Lending Llc
Conventional
$395,250
No
First
Aug 15, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$390,056
$113,645
22%
77%
$2,370/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,750/mo
$2,537/mo
+$1,213/mo
8.9%

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.

Explore Texas Explore This Area
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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1020 Perennial Ln | Property Details | No Agent List