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$375,000

2021 Falls Creek Dr, Little Elm, TX, 75068

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,958 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$191.52 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Refrigerator
FlooringVinyl

Exterior

Exterior FeaturesOutdoor Grill, Private Yard, Storage
Lot Size6,708 sqft

Building Information

Year Built2002
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR234124
Lot Number37
SubdivisionGlen Cove Ph 2
Land UseResidential
Legal DescriptionGLEN COVE PH 2 BLK E LOT 37
Census Tract020127
Assessed Land Value$71,845
Assessed Improvement Value$354,539
Assessment Year2025

About this property

Ideally located just minutes from the Dallas North Tollway and the brand-new H-E-B, this home offers the perfect blend of comfort and convenience. Inside, you’ll find 3 bedrooms, 2 full bathrooms, and a flexible bonus room—ideal as a home office, playroom, gym, or cozy reading nook. The open-concept living and dining areas are filled with natural light, creating a warm and welcoming space for both entertaining and everyday living. Step outside to your private backyard retreat where entertaining is made easy with the stone fireplace, grill, and sink. A few houses down from the HOA pool and playground and within walking distance to the elementary school, this home offers the ultimate in lifestyle and community. Don’t miss your opportunity—schedule your private showing today!

Investor Tools

Property Icon
$416,407
Estimated Property Value
$371,510Estimated Mortgage Balance
$49,779Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,498 /month
Positive
Cash Flow Estimate:
$833 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$693/month
$470/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,234
$416,407
2025
$71,845
$354,539
$426,384
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,234
$416,407

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Conventional
$371,510
No
First
Aug 7, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$366,628
$49,779
11%
88%
$2,228/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$2,698/mo
+$172/mo
8.3%

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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2021 Falls Creek Dr | Property Details | No Agent List