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B+
NoAgentList RatingHow are grades calculated? Info

$342,942

1209 Meadowlark Dr, Little Elm, TX, 75068

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,720 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.28 / sqft
Year BuiltBuilt in 2010

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

Exterior

Lot Size5,502 sqft

Building Information

Year Built2010
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR531310
Lot Number28
SubdivisionPaloma Creek South Ph 2
Land UseResidential
Legal DescriptionPALOMA CREEK SOUTH PH 2 BLK BB LOT 28
Census Tract020136
Assessed Land Value$99,000
Assessed Improvement Value$243,942
Assessment Year2025

About this property

Nestled in a peaceful neighborhood amidst the growing community of Little Elm, this property offers a unique combination of comfort and convenience. A bright and open floor plan greets you the moment you open the door. The living room features expansive natural light and a cozy fireplace. The primary bedroom is huge! With plenty of extra space, an ensuite bath and large closet, what more could you need? This home offers incredible privacy. A split floor plan leads guests down a private hallway to their bedrooms and full bathroom, located completely separate from the primary suite. With two dining areas, a covered outdoor patio, and a manicured backyard, 1209 Meadowlark is the perfect location for your next gathering! Community amenities include a pool, clubhouse, multiple parks, trails, fishing, and a boat ramp as well as shopping, dining, and entertainment options just minutes away. Section 8 is acceptable.

Investor Tools

Property Icon
$342,942
Estimated Property Value
$244,500Estimated Mortgage Balance
$111,102Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,058 /month
Positive
Cash Flow Estimate:
$686 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$720/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,927
$342,942
2025
$99,000
$243,942
$342,942
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,927
$342,942

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$244,500
No
First
Jul 6, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$231,840
$111,102
32%
68%
$1,466/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$1,466/mo
+$1,404/mo
10.0%

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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1209 Meadowlark Dr | Property Details | No Agent List