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$366,501

NAL Estimated Property Value

1212 Songbird Dr, Little Elm, TX, 75068

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,883 Sq Ft
price_per_sqft$196.49 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Gas Range, Microwave, Washer
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size6,050 sqft

Building Information

Year Built2010
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR530997
Lot Number65
SubdivisionPaloma Creek South Ph 2
Land UseResidential
Legal DescriptionPALOMA CREEK SOUTH PH 2 BLK A LOT 65
Census Tract020136
Assessed Land Value$108,090
Assessed Improvement Value$260,932
Assessment Year2025

About this property

MOTIVATED Sellers: Move in ready home NEW PAINT and located in Paloma Creek known for its community lifestyle that includes 4 resort-style pools, 2 fitness centers, clubhouses, parks, playgrounds, trails and dog parks. This well-maintained property boasts 3 bedrooms, 2 bathrooms with a designated office and dining area. Wood floors throughout the entry, dining, kitchen, primary bedroom, living room and office. The dining area is located off the kitchen with ample cabinet space and granite counter tops. The primary bedroom is spacious with a big walk-in closet. The living room has a see-through fireplace into the office and is wired for surround sound. The secondary bedrooms share a bathroom. Enjoy the Texas sunsets on the patio with retractable solar screens. The windows on the home also have solar screens. Behind the home is a green area where no one can build conveniently located to walking trails. The refrigerator, washer and dryer are included with the home.

Investor Tools

Property Icon
$366,501
Estimated Property Value
$294,264Estimated Mortgage Balance
$72,237Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,220 /month
Positive
Cash Flow Estimate:
$740 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$628/month
$243/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,703
$366,501
2025
$108,090
$260,932
$369,022
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,703
$366,501

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$294,566
Yes
First
Mar 18, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$294,264
$72,237
19%
80%
$1,803/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,750/mo
$2,046/mo
+$1,704/mo
12.3%

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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1212 Songbird Dr | Property Details | No Agent List