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$399,000

125 Lewis Dr, Little Elm, TX, 75068

Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths2,000 Sq Ft
price_per_sqft$199.5 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Heating GasHeating Gas
AppliancesDryer, Refrigerator, Washer

Exterior

Exterior FeaturesDeck
Lot Size12,950 sqft

Building Information

Year Built1976
Stories1
Roof Type105

Land Information

APNR44355
Lot Number6
SubdivisionH L Gentsch
Land UseResidential
Legal DescriptionH L GENTSCH LOT 6
Census Tract020127
Assessed Land Value$178,063
Assessed Improvement Value$22,326
Assessment Year2025

About this property

Rare opportunity to own a prime lakefront property with breathtaking water views and endless potential! Whether you're dreaming of building a custom waterfront home or transforming the existing residence, this exceptional lot offers the perfect canvas. Enjoy the convenience of city water and city sewer—no well or septic required. Ideally located just minutes from the middle school, a mile from the police & fire station, approximately 25 minutes from Grandscape, and only 35 minutes from DFW Airport, this property combines peaceful lakeside living with easy access to shopping, dining, and entertainment. Bring your vision and make the most of this incredible waterfront location! Everything inside the home will stay with a full priced offer! Square footage is approximate.

Investor Tools

$20,036Estimated Mortgage Balance
$199,964Estimated Equity
90% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$139/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$573
$129,818
2025
$178,063
$22,326
$200,389
No

Tax History

Year
Tax Paid
Assessed Value
2025
$573
$129,818

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independent Bank
Credit Line (Revolving) / Heloc
$30,000
No
First
Mar 30, 2007
Apr 2017

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$20,036
$199,964
90%
9%
$247/mo

City: Little Elm

125 Lewis Dr | Property Details | No Agent List