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$555,000

$565,000

1408 Torrent Dr, Little Elm, TX, 75068

On MarketInfo
Price DropInfo
Beds3 Beds
Baths4 Bath
Baths3,010 Sq Ft
price_per_sqft$184.39 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Convection Oven
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size7,379 sqft

Building Information

Year Built2016
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR662516
Lot Number21
SubdivisionValencia On The Lake Phase 1
Land UseResidential
Legal DescriptionVALENCIA ON THE LAKE PHASE 1 BLK 3 LOT 21
Census Tract020134
Assessed Land Value$147,620
Assessed Improvement Value$417,350
Assessment Year2025

About this property

Discover elevated living in Valencia on the Lake, where a rare floor plan, designer upgrades, and resort style amenities come together just minutes from Lake Lewisville. This beautifully maintained home features three spacious bedrooms, each with its own private ensuite bath, offering exceptional flexibility for multigenerational living, guests, or today's changing lifestyles. The light filled open concept design showcases soaring ceilings, elegant 8 foot doors, custom wall treatments, stylish wallpaper, and upgraded lighting throughout. The gourmet kitchen anchors the home with an oversized island, abundant cabinetry, generous prep space, and seamless flow into the expansive family room, perfect for entertaining. A private office with a built in Murphy bed provides additional flexibility as a guest space. Major improvements include a 2025 downstairs HVAC system and furnace, 2023 upstairs AC coil, 2024 Class 3 impact resistant roof and gutters, permanent Gemstone exterior lighting, and new smoke and carbon monoxide detectors installed in 2026. An oversized 2.5 car garage provides additional storage and functionality. Enjoy the incredible lifestyle Valencia on the Lake offers with two resort style pools, fitness center, tennis, basketball and sand volleyball courts, playgrounds, dog park, event spaces, scenic trails, and beautiful Lake Lewisville views. Conveniently located near H-E-B, Costco, shopping, dining, entertainment, and the Dallas North Tollway, this move in ready home delivers the perfect combination of luxury, flexibility, and everyday convenience.

Investor Tools

$347,010Estimated Mortgage Balance
$216,038Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,374 /month
Positive
Cash Flow Estimate:
$1,125 /month

Interested in this property?

Fancy Messiha

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,109/month
$775/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,493
$562,391
2025
$147,620
$417,350
$564,970
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,493
$562,391

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Conventional
$380,000
No
First
Nov 10, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$347,010
$215,381
38%
62%
$2,279/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$3,054/mo
$-184/mo
6.1%

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.

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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1408 Torrent Dr | Property Details | No Agent List