Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$551,000

NAL Estimated Property Value

1509 Lakeway Dr, Little Elm, TX, 75068

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,854 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$201.47 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size10,890 sqft

Building Information

Year Built2007
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR270447
Lot Number22
SubdivisionSunset Pointe Ph Thirteen
Land UseResidential
Legal DescriptionSUNSET POINTE PH THIRTEEN BLK 42 LOT 22
Census Tract020133
Assessed Land Value$210,777
Assessed Improvement Value$384,971
Assessment Year2025

About this property

You don't want to miss this beautifully updated home situated on a spacious .25-acre lot with outstanding curb appeal & desirable three-car side-by-side garage. From the moment you arrive, you'll appreciate the impressive drive-up & thoughtful updates that make this home truly move-in ready. Step inside to find new luxury vinyl plank flooring throughout most of the first floor, fresh interior paint, & recently installed carpet. The welcoming entry is flanked by a private home office with French doors & spacious formal dining room, creating the perfect setting for both everyday living & entertaining. The updated kitchen serves as the heart of the home, featuring quartz countertops, a stylish backsplash, abundant cabinetry, & a convenient planning desk. Open to the kitchen, the dramatic family room boasts soaring ceilings, a cast stone fireplace, built-in bookshelves, & expansive windows that showcase breathtaking views of the backyard oasis & greenspace beyond. The generously sized primary suite offers a peaceful retreat with dual vanities, a garden tub, separate shower, & ample space to unwind. A unique split dual staircase adds character & functionality to the home's well-designed floor plan. Upstairs, you'll find a spacious gameroom ideal for movie nights or a second living area, along with 3 additional bedrooms & a full bath to accommodate family & guests. The backyard is truly a private paradise. Relax in the sparkling swimming pool & spa while enjoying serene views of the greenspace & partial tree-lined backdrop. In addition to the pool, the oversized backyard still provides plenty of room for outdoor activities & entertaining. A convenient exterior door from the garage offers easy backyard access. Adding tremendous value & peace of mind, both the interior & exterior HVAC units were replaced in 2025. Combining modern updates, generous living spaces, & an incredible outdoor retreat, this exceptional home is one you won't want to miss!

Investor Tools

Property Icon
$551,000
Estimated Property Value
$372,075Estimated Mortgage Balance
$178,925Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$960/month
$165/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,760
$534,714
2025
$210,777
$384,971
$595,748
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,760
$534,714

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bokf Na
Conventional
$285,800
No
First
Dec 21, 2020
Jan 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$372,075
$178,925
32%
68%
$2,421/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,750/mo
$2,586/mo
+$1,164/mo
8.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

1509 Lakeway Dr | Property Details | No Agent List