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$415,000

1228 Shell Beach Drive, Little Elm, TX, 75068

$461,959 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,560 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.11 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Gas Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesStorage
Lot Size22,085 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR200962
Lot Number57
SubdivisionShell Beach
Land UseResidential
Legal DescriptionSHELL BEACH BLK A LOT 57
Census Tract020127
Assessed Land Value$210,255
Assessed Improvement Value$426,375
Assessment Year2025

About this property

Four bedroom, 2 and one-half bath, with a study in the highly sought after Shell Beach Division. Home is on over half acre heavily treed lot with a beautiful lake view. Handscraped wood floors, granite counters, beautiful landscaping, decomposed granite walkways in back, two patios- one covered and the second in the sunshine, sliding gate on driveway, plantation shutters, lots of walkins and cabinets. This home is immaculate. Easy access to North Dallas Tollway and 380. Do not miss this opportunity to own a home in this spectacular community! It will not last long!

Investor Tools

Property Icon
$587,682
Estimated Property Value
$0Estimated Mortgage Balance
$587,682Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$461,959
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,526 /month
Positive
Cash Flow Estimate:
$1,175 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$861/month
$125/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,399
$587,682
2025
$210,255
$426,375
$636,630
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,399
$587,682

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$587,682
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,750/mo
$125/mo
+$3,625/mo
7.7%

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.

Explore Texas Explore This Area
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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1228 Shell Beach Drive | Property Details | No Agent List