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Days68Days on Market
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$310,000

$315,000

2201 Willow Creek Dr, Little Elm, TX, 75068

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,805 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$171.75 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

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, Electric Range, Microwave, Refrigerator
FlooringCarpet, Vinyl

Exterior

Lot Size5,763 sqft

Building Information

Year Built2011
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR585128
Lot Number5
SubdivisionPaloma Creek South Ph 5b2
Land UseResidential
Legal DescriptionPALOMA CREEK SOUTH PH 5B2 BLK 8 LOT 5
Census Tract020135
Assessed Land Value$74,906
Assessed Improvement Value$255,094
Assessment Year2025

About this property

Move-in ready and freshly updated, this single-story home in the desirable Paloma Creek community blends modern finishes with everyday comfort. Inside, the kitchen has been fully reimagined with quartz countertops, new shaker-style cabinetry, a tile backsplash, and stainless steel appliances, opening seamlessly to the family room for easy entertaining. New luxury vinyl plank flooring runs throughout the main living areas, while fresh carpet adds warmth to the bedrooms. Both bathrooms, including the primary, have been completely renovated with contemporary fixtures and finishes. A flexible bonus room offers space for a home office, playroom, or den. Outside, enjoy a charming front porch and a covered back patio, ideal for relaxing or entertaining. Ceiling fans in every bedroom keep things comfortable year-round. Residents of Paloma Creek enjoy resort-style amenities including four community pools and two fitness centers. Conveniently located near US-380 with quick access to shopping, dining, parks, and zoned to Little Elm ISD schools.

Investor Tools

$196,123Estimated Mortgage Balance
$135,013Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,980 /month
Positive
Cash Flow Estimate:
$660 /month

Interested in this property?

Shayne Hickey

Texas Ally Real Estate Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$752/month
$275/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,378
$330,000
2025
$74,906
$255,094
$330,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,378
$330,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranty Bank & Trust Na
Stand Alone Second / Subordinate Position
$216,000
No
First
Jul 14, 2021
Jul 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$196,123
$133,877
40%
59%
$1,296/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$1,571/mo
+$1,299/mo
10.4%

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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2201 Willow Creek Dr | Property Details | No Agent List