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B+
NoAgentList RatingHow are grades calculated? Info

$324,000

2033 Waterview Dr, Little Elm, TX, 75068

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,602 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$202.25 / sqft
Year BuiltBuilt in 1999

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 Range, Microwave
FlooringLaminate

Exterior

Lot Size5,998 sqft

Building Information

Year Built1999
Stories1
Garage Spaces1

Land Information

APNR206195
Lot Number14
SubdivisionThe Lakes Of Little Elm Ph 1
Land UseResidential
Legal DescriptionTHE LAKES OF LITTLE ELM PH 1 BLK 2 LOT 14
Census Tract020127
Assessed Land Value$66,000
Assessed Improvement Value$238,994
Assessment Year2025

About this property

Buyer will receive a cruise for two from E5 Realty when purchasing this home. Welcome to this beautifully maintained one-story home located in the heart of Little Elm minutes from the scenic Little Elm Beach. This 3-bedroom, 2-bathroom property offers the perfect blend of comfort, convenience, and charm. Step inside to find a bright spacious living area with plenty of natural light. The kitchen boasts modern appliances, ample counter space, and a breakfast nook ideal for morning coffee. The master suite is a peaceful retreat with a bathroom featuring dual sinks and a walk-in closet. Two additional bedrooms are generously sized, perfect for family, guests, or a home office. Outside, enjoy a private backyard oasis with room for outdoor dining, gardening and a large storage building with electricity. The home is situated in a friendly neighborhood with easy access to nearby parks, schools, shopping, dining a short walk or drive away from Little Elm Beach, where you can enjoy lakeside activities year-round. Don’t miss your chance to make this lovely home yours!

Investor Tools

Property Icon
$304,994
Estimated Property Value
$281,949Estimated Mortgage Balance
$24,267Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,944 /month
Positive
Cash Flow Estimate:
$648 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$313/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,237
$304,994
2025
$66,000
$238,994
$304,994
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,237
$304,994

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Fha
$281,949
Yes
First
Feb 6, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$280,727
$24,267
7%
92%
$1,691/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$1,691/mo
+$1,179/mo
11.3%

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.

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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2033 Waterview Dr | Property Details | No Agent List