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$365,000

1416 Trailwood Ter, Little Elm, TX, 76227

$383,453 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,882 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$193.94 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

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

Exterior

Exterior FeaturesPrivate Yard, Rain Barrel/Cistern(s)
Lot Size5,750 sqft

Building Information

Year Built2019
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR745253
Lot Number7
SubdivisionUnion Park Phase 3a-2
Land UseResidential
Legal DescriptionUNION PARK PHASE 3A-2 BLK F LOT 7
Census Tract020124
Assessed Land Value$114,998
Assessed Improvement Value$270,290
Assessment Year2025

About this property

Welcome to this beautifully maintained, move-in ready, north-facing 3-bedroom, 2-bath home with a dedicated study in the highly sought-after Union Park community, zoned to Denton ISD. Thoughtfully designed with a private split-bedroom floor plan, this home offers the perfect balance of comfort, functionality, and flexible living spaces. At the heart of the home is a spacious entertainer's kitchen featuring abundant counter space, a gas cooktop, and a large island that seamlessly overlooks the open-concept living and dining areas. The private primary suite serves as a relaxing retreat with a garden tub, separate shower, dual vanities, and a generous walk-in closet. A dedicated study offers the flexibility to create the perfect home office, playroom, or hobby space to fit your lifestyle. Step outside to an enhanced outdoor living area complete with an extended patio, custom pergola, and beautifully landscaped backyard, perfect for entertaining or enjoying quiet evenings at home. Conveniently located with quick access to a variety of shopping, dining, and entertainment. Residents of Union Park enjoy exceptional resort-style amenities, including multiple community pools, miles of scenic walking trails, parks, playgrounds, green spaces, and year-round community events. Offering an outstanding combination of location, thoughtful design, and lifestyle, this home is ready for its next chapter.

Investor Tools

$242,651Estimated Mortgage Balance
$142,637Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$383,452
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,312 /month
Positive
Cash Flow Estimate:
$771 /month

Interested in this property?

Lauren Williams

Latitude Key Inc.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$740/month
$780/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,959
$385,288
2025
$114,998
$270,290
$385,288
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,959
$385,288

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$268,800
No
First
May 26, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,651
$142,637
37%
63%
$1,612/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,820/mo
$2,392/mo
+$428/mo
8.8%

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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1416 Trailwood Ter | Property Details | No Agent List