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$426,000

NAL Estimated Property Value

2061 Lake Pointe Dr, Little Elm, TX, 75068

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,100 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$225.71 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage
Lot Size14,837 sqft

Building Information

Year Built1999
Stories2
Roof Type105
Garage Spaces3

Land Information

APNR206162
Lot Number38
SubdivisionThe Lakes Of Little Elm Ph 1
Land UseResidential
Legal DescriptionTHE LAKES OF LITTLE ELM PH 1 BLK 1 LOT 38
Census Tract020127
Assessed Land Value$99,380
Assessed Improvement Value$322,367
Assessment Year2025

About this property

RARE GEM! This house has it all! LAKE VIEWS from upstairs game room and bedrooms! Backyard paradise on a large cul-de-sac lot with excellent access to the lake life! Amazing home with plenty of outside space to store or park an RV or boat with NO HOA restrictions - a hard to find property in Little Elm! Home offers a split Master floor plan, game room, office space and most of all the gorgeous saltwater pool with a waterfall feature. Huge covered patio, great for entertaining or enjoying on your own watching the beautiful sunset over a lake Lewisville. Add an upstairs deck off the game room and enjoy coffee or cocktails along with your lake view! Located close to Little Elm boat launch and Little Elm Park, this property offers easy access to lake activities as well as restaurants and bars. Don't miss out on this opportunity! Call today to schedule a showing and see this space for yourself.

Investor Tools

Property Icon
$426,000
Estimated Property Value
$411,052Estimated Mortgage Balance
$14,948Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,844 /month
Positive
Cash Flow Estimate:
$948 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$797/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,436
$421,747
2025
$99,380
$322,367
$421,747
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,436
$421,747

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$434,981
Yes
First
May 23, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$411,052
$14,948
3%
96%
$2,608/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$2,608/mo
+$262/mo
8.1%

Learn About the Market: Opportunity in Texas

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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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2061 Lake Pointe Dr | Property Details | No Agent List