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$473,531

NAL Estimated Property Value

1128 Parkstone Dr, Little Elm, TX, 76227

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,245 Sq Ft
price_per_sqft$211.58 / sqft
Year BuiltBuilt in 2018

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, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size6,098 sqft

Building Information

Year Built2018
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR724666
Lot Number8
SubdivisionUnion Park Phase 2d
Land UseResidential
Legal DescriptionUNION PARK PHASE 2D BLK JJ LOT 8
Census Tract020124
Assessed Land Value$121,968
Assessed Improvement Value$351,563
Assessment Year2025

About this property

***SELLER OFFERING $5,000 FOR RATE BUY-DOWN OR CLOSING COSTS***Imagine your family in this inviting one-story Highland Home with 3 bedrooms, 2.5 bathrooms, a flexible study, and a deluxe media room designed for endless enjoyment. Ideal for entertaining, spacious front and backyards with beautifully landscaped areas and ample room for gatherings. Modern updates like stylish light fixtures and a farmhouse sink complement the open floor plan, creating a contemporary yet cozy atmosphere. The HOA ensures hassle-free front yard maintenance, allowing you to fully enjoy community amenities such as dog parks, playgrounds, soccer fields, pools, and scenic trails. Just a short 10-minute drive away are the PGA, H-E-B, shopping centers, and the exciting Fields West master project. Embrace comfort and luxury in your new home – schedule your visit today!

Investor Tools

Property Icon
$473,531
Estimated Property Value
$417,723Estimated Mortgage Balance
$55,808Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,118/month
$710/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,051
$473,531
2025
$121,968
$351,563
$473,531
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,051
$473,531

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Digital Fcu
Conventional
$427,500
No
First
Sep 16, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$417,723
$55,808
11%
88%
$2,428/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,820/mo
$3,138/mo
$-318/mo
7.1%

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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1128 Parkstone Dr | Property Details | No Agent List