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B+
NoAgentList RatingHow are grades calculated?Info

$448,688

NAL Estimated Property Value

113 Cottonwood Ln, Little Elm, TX, 75068

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,649 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$224.32 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Refrigerator
FlooringHardwood, Vinyl

Exterior

Lot Size10,001 sqft

Building Information

Year Built2000
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR208977
Lot Number4
SubdivisionCottonwood Point Sec One
Land UseResidential
Legal DescriptionCOTTONWOOD POINT SEC ONE BLK A LOT 4
Census Tract020127
Assessed Land Value$120,000
Assessed Improvement Value$328,688
Assessment Year2025

About this property

This gorgeous 3 bedroom home offers a charming open floor plan with tall ceilings throughout, perfect for entertaining and comfortable living. The kitchen seamlessly opens up to the cozy breakfast area and spacious family room, complete with a warm wood-burning fireplace, creating a welcoming and inviting atmosphere. The kitchen itself is a true chef's delight, boasting an granite countertops, stainless steel appliances and a beautiful backsplash. Each bedroom boasts a fantastic walk-in closet, providing ample storage space. The master bathroom is a spa-like retreat, complete with a relaxing garden tub, a separate shower, two sinks, and a skylight that provides an abundance of natural light. The property features an expansive lot, offering plenty of space for outdoor activities and potential enhancements. Its prime location close to schools, the lake, and a public boat ramp provides endless opportunities for recreation and convenience.

Investor Tools

Property Icon
$448,688
Estimated Property Value
$279,367Estimated Mortgage Balance
$169,321Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,692 /month
Positive
Cash Flow Estimate:
$897 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$712/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,305
$448,688
2025
$120,000
$328,688
$448,688
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,305
$448,688

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$291,200
No
First
Feb 16, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$279,367
$169,321
37%
62%
$1,746/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$1,746/mo
+$1,124/mo
7.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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113 Cottonwood Ln | Property Details | No Agent List