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$402,419

1067 Lake Trail Dr, Little Elm, TX, 75068

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,753 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.31 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Water Heater, Microwave, Refrigerator
FlooringVinyl

Exterior

Lot Size6,011 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR775105
Lot Number3
SubdivisionLaketrail Homes Addition
Land UseResidential
Legal DescriptionLAKETRAIL HOMES ADDITION BLK 1 LOT -3
Census Tract020126
Assessed Land Value$96,180
Assessed Improvement Value$306,239
Assessment Year2025

About this property

This stunning 2023-built home is the epitome of contemporary living. Step inside and be greeted by a spacious open floor plan bathed in natural light, featuring beautiful luxury vinyl plank flooring throughout. The oversized kitchen island becomes the heart of the home, perfect for hosting lively gatherings or enjoying casual meals. Unleash your culinary creativity in the gourmet kitchen, boasting sleek quartz countertops, abundant cabinetry, a large stainless steel sink, and a brand-new refrigerator. Retreat to your carpeted bedrooms, including a luxurious primary suite with a spa-inspired bathroom featuring dual sinks. Enjoy the convenience of a two-car garage and a fully fenced backyard, perfect for grilling and outdoor entertaining. Steps away from Little Elm Town Crossing and the new PGA headquarters. Live in the heart of it all, with shopping, dining, and entertainment options just moments away. Some photos are virtually staged.

Investor Tools

Property Icon
$402,419
Estimated Property Value
$280,000Estimated Mortgage Balance
$125,271Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,415 /month
Positive
Cash Flow Estimate:
$805 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$832/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,971
$402,419
2025
$96,180
$306,239
$402,419
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,971
$402,419

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Real-Finity Mortgage Llc
Conventional
$280,000
No
First
Oct 3, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$277,148
$125,271
31%
69%
$1,679/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$1,679/mo
+$1,191/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.

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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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