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$370,000

1049 Broken Spoke Dr, Little Elm, TX, 75068

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,346 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.72 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave, Convection Oven

Exterior

Lot Size7,396 sqft

Building Information

Year Built2001
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR235361
Lot Number13
SubdivisionStardust Ranch Ph 1
Land UseResidential
Legal DescriptionSTARDUST RANCH PH 1 BLK C LOT 13
Census Tract020119
Assessed Land Value$112,384
Assessed Improvement Value$313,623
Assessment Year2025

About this property

Welcome to this spacious single-story home situated on a desirable corner lot in the established Stardust Ranch community of Little Elm. Offering approximately 2,346 square feet with 3 bedrooms and 2 full baths, this home features an open and inviting layout with high ceilings and abundant natural light. The home offers plantation shutters, decorative lighting, and a comfortable living area with a fireplace. The kitchen features Corian countertops, a glass backsplash, gas cooktop, and double ovens, providing plenty of space for everyday cooking and entertaining. The primary suite includes a garden tub, separate shower, and a generous walk-in closet. Enjoy the convenience of community amenities including a swimming pool, greenbelt, playground, and walking and biking trails. Located in the heart of Little Elm, the property also offers convenient access to Lake Lewisville and Little Elm’s popular lakefront recreation, including Little Elm Park, Little Elm Beach, trails, boating, and outdoor activities. With its spacious single-story layout, corner-lot setting, established neighborhood, and access to the outdoor lifestyle Little Elm is known for, this home offers a wonderful combination of comfort, convenience, and recreation.

Investor Tools

$274,175Estimated Mortgage Balance
$125,310Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,397 /month
Positive
Cash Flow Estimate:
$799 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$676/month
$325/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,109
$399,485
2025
$112,384
$313,623
$426,007
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,109
$399,485

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$298,000
No
First
May 31, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$274,175
$125,310
31%
69%
$1,787/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$2,112/mo
+$758/mo
8.6%

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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1049 Broken Spoke Dr | Property Details | No Agent List