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$366,751

NAL Estimated Property Value

1824 Megan Creek Drive, Little Elm, TX, 75068

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths2 Bath
Baths1,949 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.92 / sqft
Year BuiltBuilt in 2015

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Warming Drawer
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size5,502 sqft

Building Information

Year Built2015
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR656597
Lot Number6
SubdivisionPaloma Creek South Phase 8d
Land UseResidential
Legal DescriptionPALOMA CREEK SOUTH PHASE 8D BLK T LOT 6
Census Tract020135
Assessed Land Value$71,500
Assessed Improvement Value$295,251
Assessment Year2025

About this property

Wonderful 3 bed, 2 bath newer home in highly sought after Paloma Creek. This home has open floor plan is light and bright with neutral colors and great for entertaining. Kitchen has granite counters and breakfast bar. Separate study at the entrance great for privacy. Outside you will find a fenced in back yard with covered patio. Paloma Creek offers 4 pools, 2 fitness centers, playground, community garden, dog park and miles of walking trails. Move in ready, come see! Application fee is $45.00 pp 18+

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$800/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,761
$366,751
2025
$71,500
$295,251
$366,751
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,761
$366,751

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Laxmi Narayan Enterprises Inc
Conventional
$285,000
No
First
Feb 10, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$267,929
$98,822
26%
73%
$1,709/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$1,709/mo
+$1,161/mo
9.4%

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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1824 Megan Creek Drive | Property Details | No Agent List