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$3,595

1704 Serra Dr, Little Elm, TX, 75068

PendingInfo
Beds5 Beds
Baths4 Bath
Baths3,508 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.02 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size12,584 sqft

Building Information

Year Built2017
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR662702
Lot Number57
SubdivisionValencia On The Lake Phase 1
Land UseResidential
Legal DescriptionVALENCIA ON THE LAKE PHASE 1 BLK 2 LOT 57
Census Tract020134
Assessed Land Value$249,310
Assessed Improvement Value$491,544
Assessment Year2025

About this property

Massive, five bedroom, four full bath home with lake views in Little Elm! Open kitchen and living room. Kitchen features granite counters, island and stainless steel appliances. Living room has a gas log fireplace and vaulted ceilings with views of the second level. First floor primary bedroom. Primary bath features dual sinks, oversized shower, freestanding tub and a walk-in closet. One additional bedroom and bathroom on the first floor. Second level has additional living area, three bedrooms, two full baths and a dedicated media room. Large covered back patio and oversized lot. The home overlooks the lake and has direct access to the neighborhood walking trails. Owner covers HOA dues.

Investor Tools

$776,387Estimated Mortgage Balance
$740,854Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,445 /month
Positive
Cash Flow Estimate:
$1,482 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,481/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,071
$740,854
2025
$249,310
$491,544
$740,854
No

Tax History

Year
Tax Paid
Assessed Value
2025
$14,071
$740,854

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Certified Funding Lp
Purchase Money Mortgage
$193,550
No
First
Jun 13, 2022
Jun 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$776,387
N/A
0%
105%
$5,042/mo

City: Little Elm