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$399,900

1039 Waterview Dr, Little Elm, TX, 75068

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,782 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$224.41 / sqft
Year BuiltBuilt in 1999

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, Microwave, Washer
FlooringLaminate

Exterior

Lot Size5,998 sqft

Building Information

Year Built1999
Stories1
Garage Spaces2

Land Information

APNR206135
Lot Number11
SubdivisionThe Lakes Of Little Elm Ph 1
Land UseResidential
Legal DescriptionTHE LAKES OF LITTLE ELM PH 1 BLK 1 LOT 11
Census Tract020127
Assessed Land Value$66,000
Assessed Improvement Value$313,686
Assessment Year2025

About this property

Nestled in a serene neighborhood just a stone's throw away from bustling shopping centers and the tranquil embrace of the lake, this stunning, fully updated home beckons with its blend of modern comfort and natural beauty. Upon entering, you're greeted by an airy and inviting open concept layout, where each space seamlessly flows into the next, creating an ideal environment for both relaxation and entertaining. Sunlight dances through the windows, casting a warm glow upon the sleek, contemporary design elements that adorn every corner. The heart of the home is the kitchen, boasting beautiful granite countertops that effortlessly marry style with functionality. Here, culinary creativity knows no bounds, as state-of-the-art appliances and ample storage space cater to every culinary need. Whether whipping up a quick meal or hosting a gourmet dinner party, this kitchen is sure to delight even the most discerning chef. Please give homeowners at least 1 hour prior to showing.

Investor Tools

Property Icon
$379,686
Estimated Property Value
$363,850Estimated Mortgage Balance
$28,346Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,399 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$613/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,455
$379,686
2025
$66,000
$313,686
$379,686
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,455
$379,686

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jackson Flagstar Centre Office
Conventional
$363,850
No
First
Jun 6, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$351,340
$28,346
7%
93%
$2,182/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,750/mo
$2,182/mo
+$1,568/mo
11.9%

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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1039 Waterview Dr | Property Details | No Agent List