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$224,000

1621 Thornhill Lane, Little Elm, TX, 75068

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,585 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.32 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal
FlooringCarpet, Vinyl

Exterior

Lot Size6,129 sqft

Building Information

Year Built2003
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR252889
Lot Number24
SubdivisionWynfield Farms Ph 4
Land UseResidential
Legal DescriptionWYNFIELD FARMS PH 4 BLK K LOT 24
Census Tract020120
Assessed Land Value$67,430
Assessed Improvement Value$255,256
Assessment Year2025

About this property

DON'T MISS OUT on this adorable, well kept, 3 bedroom single story. Very open concept! Bright & cheery, large eat-in kitchen with an abundance of cabinets and counter space, plus breakfast bar; opens to spacious backyard. A lot of great natural sunlight throughout the home. Fantastic size family room; large master bedroom w large walk-in closet. Additional 2 bedrooms on opposite end of home. HVAC system replaced in 2018 with warranty, Nest thermostat, & solar screens.This home is all about convenience, a MUST see! Only minutes from everything Little Elm & less than 10 minutes from Frisco.

Investor Tools

Property Icon
$322,686
Estimated Property Value
$0Estimated Mortgage Balance
$114,588Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,936 /month
Positive
Cash Flow Estimate:
$645 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$669/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,416
$322,686
2025
$67,430
$255,256
$322,686
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,416
$322,686

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of England
Conventional
$228,750
No
First
Aug 4, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$208,098
$114,588
35%
64%
$1,372/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$1,672/mo
+$1,198/mo
10.7%

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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1621 Thornhill Lane | Property Details | No Agent List