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$388,710

NAL Estimated Property Value

1116 Lake Meadow Lane, Little Elm, TX, 75068

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,013 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$136.56 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Washer, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Lot Size6,434 sqft

Building Information

Year Built2016
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR668054
Lot Number18
SubdivisionPaloma Creek Lakeview Phase 2c
Land UseResidential
Legal DescriptionPALOMA CREEK LAKEVIEW PHASE 2C BLK N LOT 18
Census Tract020136
Assessed Land Value$93,319
Assessed Improvement Value$295,391
Assessment Year2025

About this property

Gorgeous 1-story home in pristine condition! Built in 2016, this like-new home features an open floor plan, 3 bedrooms PLUS an office or playroom which could be used as a 4th bedroom, tall tray ceilings, spacious kitchen, upgraded granite, gas range, large island, walk-in pantry & stainless appliances. Fireplace with gas logs, can also be wood-burning. Master suite includes upgraded granite with separate tub & shower. Home offers mailroom or study nook, spacious secondary bedrooms, mud bench, ceiling fans, 2” faux wood blinds throughout, & extended covered patio. Epoxy garage floor. Stone elevation. Community offers 3 pools, hiking trails & amenity center. MOVE-IN READY & waiting for you!

Investor Tools

Property Icon
$388,710
Estimated Property Value
$244,080Estimated Mortgage Balance
$144,630Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,332 /month
Positive
Cash Flow Estimate:
$777 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$759/month
$335/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,161
$388,710
2025
$93,319
$295,391
$388,710
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,161
$388,710

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$264,800
No
First
Mar 29, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$244,080
$144,630
37%
63%
$1,588/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$1,923/mo
+$947/mo
8.9%

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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1116 Lake Meadow Lane | Property Details | No Agent List