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$469,000

1509 Waterfall Lane, Little Elm, TX, 75068

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,522 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185.96 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

High EquityCash Buyers

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
FlooringCarpet, Ceramic Tile

Exterior

Lot Size5,998 sqft

Building Information

Year Built2014
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR527888
Lot Number31
SubdivisionSunset Pointe Ph Eight
Land UseResidential
Legal DescriptionSUNSET POINTE PH EIGHT BLK 35 LOT 31
Census Tract020119
Assessed Land Value$96,000
Assessed Improvement Value$378,735
Assessment Year2025

About this property

Nicely updated 4-Bedroom home tucked at the end of a quiet cul-de-sac with views of the greenbelt and Lake Lewisville. All bedrooms are located on the main floor, with a spacious bonus room upstairs. The open floor plan features a large family room with a cozy floor-to-ceiling designed fireplace. The formal dining room includes a beautiful accent wall and decorative lighting. The eat-in kitchen is upgraded with SS appliances, a breakfast bar, center island with butcher block countertop, sliding barn door, and beautiful backsplash. The luxurious primary suite is on the main level and includes an accent wall, crown molding, custom walk-in closet, and a 5-piece bath. Upstairs, you'll find a large bonus room with extensive storage space and a half bath. The home also includes a 2-car garage and covered backyard patio.

Investor Tools

Property Icon
$474,735
Estimated Property Value
$0Estimated Mortgage Balance
$474,735Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,848 /month
Positive
Cash Flow Estimate:
$949 /month

Interested in this property?

Danette Ewoldt

Pinnacle Realty Advisors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$974/month
$165/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,310
$474,735
2025
$96,000
$378,735
$474,735
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,310
$474,735

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$474,735
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,750/mo
$165/mo
+$3,585/mo
9.5%

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.

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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1509 Waterfall Lane | Property Details | No Agent List