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$391,259

1520 Cockatiel Drive, Little Elm, TX, 75068

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths2 Bath
Baths2,270 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.04 / sqft
Year BuiltBuilt in 2009

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size5,876 sqft

Building Information

Year Built2009
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR531151
Lot Number19
SubdivisionPaloma Creek South Ph 2
Land UseResidential
Legal DescriptionPALOMA CREEK SOUTH PH 2 BLK P LOT 19
Census Tract020137
Assessed Land Value$105,768
Assessed Improvement Value$285,491
Assessment Year2025

About this property

Beautiful CORNER LOT home in Paloma Creek with wood flooring throughout main area! This very versatile floorplan features a study with built-ins, formal dining room, breakfast area, a generous master suite & game room! This is an amazing open concept floorplan with the kitchen overlooking breakfast nook & living room with stone fireplace. Kitchen features stainless steel appliances & granite countertops with breakfast bar. Master suite boasts a master bath with dual sinks, garden tub, separate shower & oversized closet. Private game room and nice-sized secondary bedroom wing with full bathroom that offers a separate retreat from the rest of the house. The backyard has a stone area in the corner for grilling.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$831/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,014
$391,259
2025
$105,768
$285,491
$391,259
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,014
$391,259

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$200,000
No
First
Dec 14, 2018
Jan 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$170,201
$221,058
56%
44%
$1,200/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$1,200/mo
+$1,670/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.

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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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1520 Cockatiel Drive | Property Details | No Agent List