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$400,393

NAL Estimated Property Value

1508 Castle Creek Dr, Little Elm, TX, 75068

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,593 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$144.62 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Other
FlooringCarpet, Ceramic Tile

Exterior

Lot Size6,098 sqft

Building Information

Year Built2013
Stories2
Roof Type105
Garage Spaces1

Land Information

APNR567844
Lot Number26
SubdivisionPaloma Creek South Phase 7c
Land UseResidential
Legal DescriptionPALOMA CREEK SOUTH PHASE 7C BLK M LOT 26
Census Tract020135
Assessed Land Value$76,370
Assessed Improvement Value$324,023
Assessment Year2025

About this property

HIGHLY MOTIVATED SELLERS! Are you looking for a spacious and comfortable home in a great neighborhood? Look no further than this stunning 4 bedroom, 2.5 bath house, located in one of the most sought-after areas in Little Elm. From the moment you walk in, you'll be impressed by the spacious and open layout of this home. The large living room is perfect for entertaining guests or just relaxing with your family, while the modern kitchen has plenty of counter space for preparing delicious meals. The master suite is particularly impressive, with a large walk-in closet and a luxurious en-suite bathroom featuring a soaking tub and a separate shower. The upstairs AC unit comes equipped with a UV allergen light to improve the air quality in the house. Located in a great neighborhood, this home is just a short walk away from some of the best schools, parks, walking trails, and shops in the area.

Investor Tools

Property Icon
$400,393
Estimated Property Value
$0Estimated Mortgage Balance
$400,393Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,402 /month
Positive
Cash Flow Estimate:
$801 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$794/month
$213/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,527
$400,393
2025
$76,370
$324,023
$400,393
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,527
$400,393

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$400,393
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,750/mo
$213/mo
+$3,537/mo
11.2%

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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1508 Castle Creek Dr | Property Details | No Agent List