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$630,337

NAL Estimated Property Value

1308 Carlet Dr, Little Elm, TX, 75068

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,508 Sq Ft
price_per_sqft$163.91 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Range, Gas Water Heater, Microwave

Exterior

Lot Size7,614 sqft

Building Information

Year Built2018
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR727180
Lot Number16
SubdivisionValencia On The Lake Phase 2a
Land UseResidential
Legal DescriptionVALENCIA ON THE LAKE PHASE 2A BLK 8 LOT 16
Census Tract020134
Assessed Land Value$152,260
Assessed Improvement Value$478,077
Assessment Year2025

About this property

PRICE REDUCED TO $575000 This grand Taylor Morrison Oakridge design has everything you could ask for and then some! See photo descriptions. With 3530 square feet, study, game room and Media Room with a door! Main bedroom downstairs. Starting with the kitchen, gas stove, double ovens, it is evident that the design plan is a huge hit! From the backsplash to the 7 ft. island, to the ample cabinets, this kitchen will not disappoint. Soft gray and white accents throughout. Smart layout for family gatherings, parties, and all entertaining with a wall of windows and open to the upstairs overlook. The roomy master suite has a freestanding tub, separate shower and giant closet! The Gameroom is the upstairs hub, and the media room could be an extra bedroom if needed. A beautiful interior, large, fenced backyard, and neighborhood amenities second to none. Club House, Gym, Pool and walking trails, just to mention a few. Close to DNT, the Links on PGA Parkway, The Star, Toyota Stadium and Legacy Shopping and Dining. THE SELLER IS THE SECRETARY OFVETERANS AFFAIRS (VA) AND THEY UNFORTUNATELY DO NOT PAY FOR THE TITLE POLICY OR THE SURVEY. PLEASE CHECK ALL INFORMATION PROVIDED BEFORE PRESENTING AN OFFER. USE THE VA OFFER FORM AVAILABLE ONLINE.

Investor Tools

Property Icon
$630,337
Estimated Property Value
$823,526Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,782 /month
Positive
Cash Flow Estimate:
$1,261 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,350/month
$456/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,049
$630,337
2025
$152,260
$478,077
$630,337
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,049
$630,337

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nmsi Inc
Conventional
$416,000
No
First
Oct 30, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$823,526
N/A
0%
131%
$4,990/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$5,446/mo
$-2,576/mo
5.5%

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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1308 Carlet Dr | Property Details | No Agent List