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$583,000

1229 Garza Lane, Little Elm, TX, 75068

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,164 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$228.74 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave
FlooringConcrete

Exterior

Exterior FeaturesStorage, Other
Lot Size6.00 acres

Building Information

Year Built1997
Stories2
Roof Type105
Garage Spaces7

Land Information

APNR189852
Lot Number1
SubdivisionLakeview Estates (Little Elm Isd)
Land UseAgriculture / Farming
Legal DescriptionLAKEVIEW ESTATES (LITTLE ELM ISD) BLK A LOT 1
Census Tract020115
Assessed Land Value$149,885
Assessed Improvement Value$261,528
Assessment Year2025

About this property

In the COUNTY with city convenience! This 6+ acre Log Home is nestled in the heart of Denton county with easy access to major highways. This one owner home is surrounded with numerous mature trees on the back side and a nicely cleared area up front for all your family fun. Offers a 1200 sf workshop with electricity & water on the front side of the property & lots of storage space throughout the property. Only a few miles to the nearest boat ramp. Come & enjoy all the unique features of this home - like a great wrap around porch and wood burning stove. Home has greenhouse and a great place for your animals. Seller concession will be given to help with new flooring. NEW ROOF April 2019, New AC Unit 2016

Investor Tools

Property Icon
$583,000
Estimated Property Value
$0Estimated Mortgage Balance
$188,719Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,498 /month
Positive
Cash Flow Estimate:
$1,166 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$652/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,915
$411,413
2025
$149,885
$261,528
$1,460,458
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,915
$411,413

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
J Philips Mortgage Inc
Conventional
$442,000
No
First
Oct 8, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$394,281
$188,719
32%
68%
$2,651/mo

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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1229 Garza Lane | Property Details | No Agent List