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$401,878

NAL Estimated Property Value

1521 Elizabeth Creek Dr, Little Elm, TX, 75068

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,985 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$226.7 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

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

Exterior

Exterior FeaturesRain Gutters, Playground, Garden
Lot Size8,712 sqft

Building Information

Year Built2014
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR556684
Lot Number19
SubdivisionPaloma Creek South Phase 12
Land UseResidential
Legal DescriptionPALOMA CREEK SOUTH PHASE 12 BLK C LOT 19
Census Tract020135
Assessed Land Value$84,864
Assessed Improvement Value$317,014
Assessment Year2025

About this property

It doesn't get any better than this! EXTREMELY HARD TO FIND SINGLE STORY WITH 3 CAR GARAGE THAT BACKS TO GREEN BELT. Meticulously maintained by original owners, there's nothing else like it out there. 3 bedrooms with flex room that can be used as study, craft room or second living area. Open concept with wood floors and 18-inch ceramic tile in kitchen, flex room and baths. Granite counters, SS appliances, gas cook top, island seating, fireplace with gas logs. The master suite with bay window, OVERSIZED shower with seat, and garden tub overlooks the backyard and greenbelt. HUGE COVERED PATIO, with gas grill connection, overlooks the VERY PRIVATE YARD AND GREENBELT. I promise you won't want to leave. Mature landscaping and gardens, outdoor shed stays as well as play fort and sandbox. This is the home you've been waiting for. Hurry, it's going to go fast! Community amenities include 4 resort style pools, 2 Fitness Centers, 3 Clubhouses, Dog Park, Hiking Trails, Parks and Playgrounds.

Investor Tools

Property Icon
$401,878
Estimated Property Value
$334,863Estimated Mortgage Balance
$67,015Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$890/month
$380/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,671
$401,878
2025
$84,864
$317,014
$401,878
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,671
$401,878

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Encompass Lending Group Lp
Conventional
$360,000
No
First
Aug 30, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$334,863
$67,015
16%
83%
$2,159/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$2,539/mo
+$331/mo
8.6%

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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1521 Elizabeth Creek Dr | Property Details | No Agent List