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$639,669

NAL Estimated Property Value

1613 Spanish Bay Ct, Little Elm, TX, 75036

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,888 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$238.57 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Purifier, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Double Oven, Tankless Water Heater, Vented Exhaust Fan, Water Softener
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size5,750 sqft

Building Information

Year Built2020
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR958965
Lot Number24
SubdivisionCalloway Trails
Land UseResidential
Legal DescriptionCALLOWAY TRAILS BLK A LOT 24
Census Tract021536
Assessed Land Value$114,998
Assessed Improvement Value$524,671
Assessment Year2025

About this property

Located in the coveted community of CALLOWAY TRAILS & sitting on an premium Cul-De-Sac lot, this exquisite one owner home greets you with phenomenal warm natural light & an open layout.Gorgeous curb appeal with tons of upgrades throughout.This home features a crisp, modern, open design and includes upgraded engineered wood floors, crystal chandeliers, vaulted ceiling and roller zebra shades.Enjoy creating memories to last a lifetime in the light filled living room highlighted by a gas fireplace, high ceiling and wall of windows overlooking the backyard.Entertain in the well-appointed gourmet kitchen with quartz countertops,double oven,designer backsplash,walk-in pantry and 36 inch cooktop.Primary and a guest suite downstairs with 2 full bath ideal for visiting guests or in-law suite.RO and Water Softener installed. Epoxy with Polyaspartic top coat in the garage.Upstairs game room with a study pod that conveys with the home.Walking distance from the splash pad and trampoline park. FISD!

Investor Tools

Property Icon
$639,669
Estimated Property Value
$510,706Estimated Mortgage Balance
$128,963Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,134 /month
Positive
Cash Flow Estimate:
$1,378 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$609/month
$1,137/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,107
$639,669
2025
$114,998
$524,671
$639,669
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,107
$639,669

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Farmers Bank & Trust
Conventional
$527,200
No
First
Aug 16, 2024
Sep 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$510,706
$128,963
20%
80%
$3,161/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$4,298/mo
$-1,598/mo
5.1%

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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1613 Spanish Bay Ct | Property Details | No Agent List