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$649,999

$675,500

1616 Canals Dr, Little Elm, TX, 75068

$694,148 ARVInfo
On MarketInfo
Price DropInfo
Beds4 Beds
Baths4 Bath
Baths4,066 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.86 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Convection Oven
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size10,799 sqft

Building Information

Year Built2017
Stories2
Roof Type105
Garage Spaces3

Land Information

APNR662656
Lot Number2
SubdivisionValencia On The Lake Phase 1
Land UseResidential
Legal DescriptionVALENCIA ON THE LAKE PHASE 1 BLK 11 LOT 2
Census Tract020134
Assessed Land Value$202,400
Assessed Improvement Value$538,396
Assessment Year2025

About this property

FHA available on 9-28-226****** Modern living meets timeless, old-school charm. From the moment you enter, the grand entrance makes an impression, highlighted by a beautiful winding staircase that brings classic elegance and character to the heart of the home. Thoughtful architectural details create a sense of warmth and sophistication rarely found in newer homes, while the modern layout provides the open flow and functionality today's lifestyle demands. A truly distinctive Little Elm home for buyers who appreciate modern comfort without sacrificing charm.

Investor Tools

$479,071Estimated Mortgage Balance
$265,971Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$694,147
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,445 /month
Positive
Cash Flow Estimate:
$1,482 /month

Interested in this property?

Bella Jenkins

Mark Spain Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$577/month
$619/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,219
$740,796
2025
$202,400
$538,396
$740,796
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,219
$740,796

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$465,750
Yes
First
Aug 29, 2018
Sep 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$479,071
$261,725
35%
65%
$3,333/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$3,952/mo
$-1,082/mo
4.6%

City: Little Elm

1616 Canals Dr | Property Details | No Agent List