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$283,000

NAL Estimated Property Value

1038 Palomino Drive, Little Elm, TX, 75068

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,204 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$174.42 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

BankruptcyOff-Market ListHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dryer, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator, Washer
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size5,998 sqft

Building Information

Year Built2000
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR216707
Lot Number7
SubdivisionHillside South
Land UseResidential
Legal DescriptionHILLSIDE SOUTH BLK A LOT 7
Census Tract020126
Assessed Land Value$66,000
Assessed Improvement Value$215,389
Assessment Year2025

About this property

Very well maintained home just minutes from the lake. Enjoy the tall ceilings and lots of natural light in this 3 bed 2bath with a 2 car garage with big backyard. Laminate floors, fresh paint, fully turn key. The stainless steel refrigerator will stay with the property. Close to stores. This house is an amazing value for the price.

Investor Tools

Property Icon
$283,000
Estimated Property Value
$0Estimated Mortgage Balance
$283,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,698 /month
Positive
Cash Flow Estimate:
$566 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$300/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,189
$261,139
2025
$66,000
$215,389
$281,389
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,189
$261,139

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$283,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
N/A
+$2,870/mo
12.2%

City: Little Elm

1038 Palomino Drive | Property Details | No Agent List