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$363,000

1032 Lake Trail Dr, Little Elm, TX, 75068

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,900 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$191.05 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee OwnerMove-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 Range, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size7,131 sqft

Building Information

Year Built1998
Stories2
Roof Type105
Garage Spaces1

Land Information

APNR194832
Lot Number4
SubdivisionLakeside Homes
Land UseResidential
Legal DescriptionLAKESIDE HOMES BLK C LOT 4
Census Tract020126
Assessed Land Value$73,235
Assessed Improvement Value$274,404
Assessment Year2025

About this property

Multiple Offers Received! We are asking for all offers to be in by 2 PM Saturday April 2nd. Prime location close to Little Elm beach, restaurants, and entertainment. You will love this stunning updated 4 bedrooms 2 and a half bathrooms located in Little Elm with a large lot. Gorgeous move in ready home featuring front dining room, large living room with built in fireplace. Updated kitchen features an electric range with OTR microwave. Beautiful Master bathroom updated with dual sinks, walk in shower and large bathtub. Large covered patio opens up to a oversize back yard with plenty of room for outdoor games. Large storage shed and a double gate leads into the back yard.

Investor Tools

Property Icon
$347,639
Estimated Property Value
$375,000Estimated Mortgage Balance
$0Estimated Equity
-8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,178 /month
Positive
Cash Flow Estimate:
$726 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$568/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$347,639
2025
$73,235
$274,404
$347,639
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$347,639

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Equity Prime Mortgage Llc
Unknown
$375,000
No
First
May 2, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$693,852
N/A
0%
200%
$4,498/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,750/mo
$4,498/mo
$-748/mo
12.9%

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.

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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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