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$584,134

NAL Estimated Property Value

2113 Chapman Ln, Little Elm, TX, 75068

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,286 Sq Ft
price_per_sqft$190.17 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesSome Gas Appliances, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, Plumbed For Gas
FlooringCarpet, Ceramic Tile, Luxury Vinyl Plank

Exterior

Exterior FeaturesAwnings, Rain Gutters
Lot Size6,011 sqft

Building Information

Year Built2021
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR965253
Lot Number15
SubdivisionOak Grove
Land UseResidential
Legal DescriptionOAK GROVE BLK D LOT 15
Census Tract020115
Assessed Land Value$120,226
Assessed Improvement Value$463,908
Assessment Year2025

About this property

Twilight Debut! Open House Friday 6-8pm. Built by Meritage in 2021, this energy-efficient home is situated in the The Enclave at Oak Grove community. This Cedar floorplan includes all the extras! The open second story makes a statement with giant picture windows to let the natural light dance from the great room through grand entryway with a sweeping staircase. A sequestered study sits behind oversized French doors in the foyer in lieu of a formal dining room. Entertaining or just enjoying game day with the family is easier with an open gourmet kitchen, island bar and breakfast area. The covered patio is a must for overlooking the large grassy backyard with bay windows at the primary bedroom. Special additions like the covered front porch make for an extra inviting home to greet your neighbors and guests. A wired media room and an additional full bathroom were also added upstairs. Be sure to check out the beach at Little Elm Park on Lewisville Lake just a few minutes away!

Investor Tools

Property Icon
$584,134
Estimated Property Value
$468,924Estimated Mortgage Balance
$115,210Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,749 /month
Positive
Cash Flow Estimate:
$1,250 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,113/month
$675/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,438
$584,134
2025
$120,226
$463,908
$584,134
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,438
$584,134

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Equity Prime Mortgage Llc
Conventional
$490,400
No
First
Dec 14, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$468,924
$115,210
19%
80%
$2,941/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,750/mo
$3,616/mo
+$134/mo
7.7%

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.

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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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2113 Chapman Ln | Property Details | No Agent List