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$436,784

NAL Estimated Property Value

1124 Shell Beach Dr, Little Elm, TX, 75068

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,975 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$212.15 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Plumbed For Ice Maker
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size12,375 sqft

Building Information

Year Built1999
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR200912
Lot Number7
SubdivisionShell Beach
Land UseResidential
Legal DescriptionSHELL BEACH BLK A LOT 7
Census Tract020127
Assessed Land Value$181,125
Assessed Improvement Value$255,659
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED - Please submit highest and best offer by 2p Sunday, May 8th. This is your opportunity to live in a beautiful lakeside community with nature trails leading to Lake Lewisville. You will feel right at home as you enter a large foyer leading to a spacious living area with wood burning fireplace. This cozy 3 bed, 2.5 half bath, 3 car garage home offers has an updated kitchen with granite countertops, stainless appliances (refrigerator stays) and a gas cooktop. Relax on your covered back patio and enjoy the lake life. A bonus is it's close proximity to Cottonwood Creek Marina and Little Elm Park as well restaurants. *New roof, gutters and garage doors April 2022.

Investor Tools

Property Icon
$436,784
Estimated Property Value
$370,900Estimated Mortgage Balance
$65,884Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,621 /month
Positive
Cash Flow Estimate:
$874 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$827/month
$125/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,742
$436,784
2025
$181,125
$255,659
$436,784
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,742
$436,784

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pnc Bank Na
Conventional
$395,000
No
First
Jun 10, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$370,900
$65,884
15%
85%
$2,150/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$2,275/mo
+$595/mo
7.9%

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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1124 Shell Beach Dr | Property Details | No Agent List