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$690,000

1912 Ordonez Drive, Little Elm, TX, 75068

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths4 Bath
Baths4,175 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$165.27 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Oven, Microwave, Convection Oven, Double Oven
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size13,024 sqft

Building Information

Year Built2022
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR964024
Lot Number136
SubdivisionNorthlake Estates Phase 2
Land UseVacant Land
Legal DescriptionNORTHLAKE ESTATES PHASE 2 BLK I LOT 136
Census Tract020136
Assessed Land Value$127,859
Assessed Improvement Value$656,289
Assessment Year2025

About this property

This stunning home offers 4 spacious bedrooms, 3.5 bathrooms, a private study, media room, and game room. Rare dual primary suites—one on the main level and one upstairs. The open-concept floor plan features a large formal living and dining area, and a gourmet kitchen equipped with double ovens, gas cooktop, built-in microwave, and refrigerator. The spacious laundry room comes with a washer and dryer. Upstairs includes the second primary suite, two additional bedrooms with a full bath, and dedicated media and game rooms. Enjoy a large backyard with covered patio and direct lake access—perfect for relaxing or entertaining. The 3-car garage offers ample space for parking and storage. Located in the desirable Northlake Estates, a master-planned community with walking trails, playgrounds, greenbelts, pools, splash parks, a clubhouse, and more. Conveniently located just 1 mile from US-380 and 7 miles from the Dallas North Tollway.

Investor Tools

$449,627Estimated Mortgage Balance
$334,521Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,705 /month
Positive
Cash Flow Estimate:
$1,568 /month

Interested in this property?

Laqutia Martin

Epique Realty LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,728/month
$625/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,809
$784,148
2025
$127,859
$656,289
$784,148
No

Tax History

Year
Tax Paid
Assessed Value
2025
$16,809
$784,148

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometown Equity Mortgage
Building Or Construction Loan
$477,446
No
First
Apr 8, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$449,627
$334,521
42%
57%
$2,863/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,750/mo
$3,488/mo
+$262/mo
5.7%

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.

Explore Texas Explore This Area
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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1912 Ordonez Drive | Property Details | No Agent List