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$487,100

NAL Estimated Property Value

13057 Palmera Dr, Little Elm, TX, 75068

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,870 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$250.8 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Lot Size7,405 sqft

Building Information

Year Built2020
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR757651
Lot Number19
SubdivisionValencia On The Lake Phase 3b
Land UseSingle Family Residential Waterfront
Legal DescriptionVALENCIA ON THE LAKE PHASE 3B BLK 30 LOT 19
Census Tract020134
Assessed Land Value$192,535
Assessed Improvement Value$294,565
Assessment Year2025

About this property

Discover serenity & sophistication in this meticulously maintained 3 bed, 2 bath home, boasting a study and picturesque views of the lush green belt and tranquil lake just steps from your backyard. From the moment you arrive, you'll be captivated by the charming curb appeal & lush landscaping. Step inside to find a harmonious blend of comfort and elegance, with custom walls and wood-look tile flooring that exude warmth and character throughout. The spacious living area is open to the kitchen where the upgraded lighting fixtures illuminate the granite counters and SS appliances, creating the perfect setting for culinary adventures and casual dining alike. Step outside to your own private sanctuary, where the expansive backyard overlooks the tranquil green belt and shimmering lake, offering a picturesque backdrop for outdoor entertaining or quiet moments of relaxation. Located near lots of shops & restaurants with easy access to the DNT & 121.

Investor Tools

Property Icon
$487,100
Estimated Property Value
$181,913Estimated Mortgage Balance
$305,187Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,923 /month
Positive
Cash Flow Estimate:
$974 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,352/month
$495/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,785
$487,100
2025
$192,535
$294,565
$487,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,785
$487,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank
Conventional
$189,000
No
First
Apr 26, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$181,913
$305,187
62%
37%
$1,134/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$1,629/mo
+$1,241/mo
7.1%

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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13057 Palmera Dr | Property Details | No Agent List