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$495,000

NAL Estimated Property Value

2128 Megan Creek Dr, Little Elm, TX, 75068

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,278 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$152.53 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Oven, Gas Range, Microwave
FlooringCarpet, Ceramic Tile, Hardwood, Laminate, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size6,068 sqft

Building Information

Year Built2015
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR656454
Lot Number48
SubdivisionPaloma Creek South Phase 8d
Land UseResidential
Legal DescriptionPALOMA CREEK SOUTH PHASE 8D BLK Q LOT 48
Census Tract020135
Assessed Land Value$76,265
Assessed Improvement Value$402,984
Assessment Year2025

About this property

Imagine ending each day with breathtaking sunset views over Lake Lewisville, where protected greenspace creates a peaceful backdrop and a scenic trail just outside your front door provides direct access to the lake. Whether it's an evening walk, casting a fishing line, launching a kayak, or enjoying a peaceful paddle board ride, this is the kind of lifestyle that makes coming home feel like a getaway. Perfectly positioned on a premium corner lot at the end of a quiet cul-de-sac, this exceptional home offers one of the most desirable settings in Paloma Creek South. Built in 2016, the thoughtfully designed floor plan features 3,278 square feet with 4 bedrooms, 3 full bathrooms, two formal dining room, an open-concept living area, game room and a 3-car tandem garage. The spacious kitchen flows seamlessly into the main living space, creating the ideal layout for everyday living and entertaining. Recent updates include new luxury vinyl plank flooring, and new carpet throughout the main level, giving the home a fresh, modern feel. Beyond its beautiful finishes, this home delivers long-term value where it matters most. The fully paid Tesla Solar System and Tesla Powerwall convey with the property, delivering exceptional energy efficiency and an estimated annual utility cost savings of approximately $2,700. A Tesla EV charger is already installed in the garage, and a Class 4 impact-resistant roof was installed within the past two years. These aren't simply upgrades—they're meaningful investments that help reduce the cost of homeownership from day one. Paloma Creek South offers an exceptional lifestyle with four resort-style pools, two fitness centers, three clubhouses, parks, playgrounds, a dog park, and miles of scenic trails winding throughout the community. Conveniently located just minutes from H-E-B, Costco, restaurants, shopping, and US-380, this home offers the perfect balance of peaceful lakeside living and everyday convenience. Schedule your showing today!

Investor Tools

Property Icon
$495,000
Estimated Property Value
$0Estimated Mortgage Balance
$495,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$986/month
$275/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,353
$479,249
2025
$76,265
$402,984
$479,249
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,353
$479,249

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$479,249
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,750/mo
$275/mo
+$3,475/mo
9.1%

City: Little Elm

2128 Megan Creek Dr | Property Details | No Agent List