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$400,000

2012 Almassera Dr, Little Elm, TX, 75068

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,530 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$261.44 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Gas Cooktop, Microwave, Refrigerator, Washer
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesPrivate Yard, Garden
Lot Size5,097 sqft

Building Information

Year Built2020
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR757666
Lot Number25
SubdivisionValencia On The Lake Phase 3b
Land UseResidential
Legal DescriptionVALENCIA ON THE LAKE PHASE 3B BLK 30 LOT 25
Census Tract020134
Assessed Land Value$101,930
Assessed Improvement Value$293,058
Assessment Year2025

About this property

Elegant, bright, and feels brand new! This is your new personal oasis on the lake. The perfect corner lot allows all of the natural light you can dream of, with views throughout the home of the thoughtfully planted gardens. You will find two large bedrooms at the front of the home, as well as an oversized bathroom and laundry room. At the back of the home you will find the primary bedroom and bathroom suite, with a separate bathtub and shower, and your walk in closet. The open floor plan offers the perfect flow from your living to your kitchen, a breakfast bar and dining area. The mudroom area is the perfect touch as you walk in from your garage. The covered back patio has been extended, the fence is freshly stained, flower beds have all been newly mulched, and new plants just planted! The roof was just replaced as well! To top it all off, you will find your incredible community center just around the corner from the home. Offering pools with a lake view, gym and more! Welcome home!

Investor Tools

Property Icon
$394,988
Estimated Property Value
$384,899Estimated Mortgage Balance
$18,023Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,229/month
$495/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,771
$394,988
2025
$101,930
$293,058
$394,988
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,771
$394,988

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Us Bank Na
Fha
$384,899
Yes
First
Mar 7, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$376,965
$18,023
4%
95%
$2,308/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,750/mo
$2,803/mo
+$947/mo
11.4%

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.

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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2012 Almassera Dr | Property Details | No Agent List