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$900,000

1120 Eldorado Parkway, Little Elm, TX, 75068

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths3,630 Sq Ft
OfficeOffice
price_per_sqft$247.93 / sqft
Year BuiltBuilt in 1998

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringCarpet, Ceramic Tile

Exterior

Lot Size19,197 sqft

Building Information

Year Built2000
Stories1
Roof Type112
Garage Spaces42

Land Information

APNR43805
SubdivisionJ. King
Land UseCommercial
Legal DescriptionA0718A J. KING, TR 10(PT), 11(PT), .4407 ACRES, OLD DCAD TR #2A
Census Tract020127
Assessed Land Value$287,953
Assessed Improvement Value$630,313
Assessment Year2025

About this property

Location, Location, location. Lakefront office building with so much potential for use. Currently it is being used as an office for an insurance business. With traffic counts over 48,000 vehicles a day, this has great potential for businesses needing frontage. Lake views from all but one side, so you can see why this property has a lot of appeal and great potential. The space currently has eight offices, conference room, kitchen area and very large reception area. This could easy be configured to hold more offices or another conference room if needed. The options are endless for this property! Call with questions and or a private showing.

Investor Tools

Property Icon
$918,266
Estimated Property Value
$0Estimated Mortgage Balance
$280,293Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,510 /month
Positive
Cash Flow Estimate:
$1,837 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,654/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,258
$918,266
2025
$287,953
$630,313
$918,266
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,258
$918,266

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frost Bank
Purchase Money Mortgage
$696,000
No
First
Dec 15, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$637,973
$280,293
30%
69%
$4,173/mo

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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