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B+
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Days110Days on Market
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$290,000

1603 Myrtle Dr, Little Elm, TX, 75068

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,332 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$217.72 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size6,186 sqft

Building Information

Year Built2002
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR243546
Lot Number1
SubdivisionArbor Creek (Little Elm)
Land UseResidential
Legal DescriptionARBOR CREEK (LITTLE ELM) BLK C LOT 1
Census Tract020127
Assessed Land Value$57,635
Assessed Improvement Value$232,338
Assessment Year2025

About this property

Step into easy, low maintenance living in the heart of Little Elm. This single story three bedroom, two bath attached home sits on a corner lot with no neighbors directly behind, giving you more privacy than most properties in this price range. Inside, you’ll find tall ceilings, fresh paint, and hard surface flooring through the main areas that make the home feel open and move in ready. The kitchen offers granite counters, breakfast bar seating, and plenty of cabinet space for everyday living. The private primary suite includes a walk in closet, garden tub, and separate shower. Two additional bedrooms provide flexibility for guests, a home office, or roommates. Out back, enjoy a fenced yard and wood deck, perfect for pets, grilling, or a quiet morning coffee. The two car rear entry garage and separate utility room add storage and function many homes at this price simply do not offer. With no HOA, you maintain control of your property and your budget. Conveniently located near Eldorado Parkway, FM 423, and Highway 380, commuting is simple, and Lake Lewisville, parks, dining, and shopping are just minutes away. Whether you are buying your first home, downsizing, or adding to your rental portfolio, this one checks the boxes for location, layout, and long term value.

Investor Tools

Property Icon
$289,973
Estimated Property Value
$275,500Estimated Mortgage Balance
$33,710Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,740 /month
Positive
Cash Flow Estimate:
$580 /month

Interested in this property?

Matthew Braun

Merit Homes

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$480/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,309
$289,973
2025
$57,635
$232,338
$289,973
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,309
$289,973

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$275,500
No
First
Aug 10, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$256,263
$33,710
11%
88%
$1,652/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$1,652/mo
+$1,218/mo
11.9%

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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