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$430,657

NAL Estimated Property Value

1536 Canary Dr, Little Elm, TX, 75068

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,877 Sq Ft
price_per_sqft$165.1 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

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

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Private Yard, Storage
Lot Size13,556 sqft

Building Information

Year Built2006
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR280511
Lot Number40
SubdivisionPaloma Creek South Ph 1
Land UseResidential
Legal DescriptionPALOMA CREEK SOUTH PH 1 BLK L LOT 40
Census Tract020137
Assessed Land Value$121,601
Assessed Improvement Value$309,056
Assessment Year2025

About this property

Wonderfully updated home sits on a huge lot that encompasses almost one-third-of-an-acre that has been meticulously landscaped. The open floorplan embraces a kitchen completely remodeled with recent custom cabinetry, quartz countertops, stone backsplash, and stainless-steel appliances, including a 5-burner gas range. Adjoining living room, with corner fireplace, enjoys plenty of natural light through windows with views of backyard. Beautiful wrought iron staircase leads to upstairs. The many other updates include added cabinetry at laundry room, upgraded baseboards throughout, crown molding, lighting and fixtures. Private downstairs master suite is very spacious and updated with accent wall trim detail. Covered porch, with extended patio, overlooks amazing pie-shaped lot covered with trees. Outdoor workshop, with electricity, is a handyman's dream! New HVAC system installed in '21 and energy efficient windows in '19. Media room complete with riser. Equipment and couch will stay!

Investor Tools

Property Icon
$430,657
Estimated Property Value
$0Estimated Mortgage Balance
$430,657Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$928/month
$370/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,988
$430,657
2025
$121,601
$309,056
$430,657
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,988
$430,657

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$430,657
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,750/mo
$370/mo
+$3,380/mo
10.4%

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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1536 Canary Dr | Property Details | No Agent List