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$393,216

NAL Estimated Property Value

2209 Gregory Creek Dr, Little Elm, TX, 75068

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,056 Sq Ft
price_per_sqft$179.47 / sqft
Year BuiltBuilt in 2014

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, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Simulated Wood

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size7,405 sqft

Building Information

Year Built2014
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR556627
Lot Number12
SubdivisionPaloma Creek South Phase 12
Land UseResidential
Legal DescriptionPALOMA CREEK SOUTH PHASE 12 BLK A LOT 12
Census Tract020135
Assessed Land Value$80,617
Assessed Improvement Value$312,599
Assessment Year2025

About this property

Charming 3-Bedroom Home with Stunning Stone Accents & Flexible Floorplan – Walk to the Lake! This beautiful 3-bedroom, 2-bathroom home is filled with character and thoughtful design, offering both comfort and versatility. Featuring a striking stone interior wall and fireplace, this home exudes warmth and charm while maintaining a modern, functional layout. The open floor plan is perfect for both daily living and entertaining, with French doors leading to a flexible space off the primary suite—ideal for a home office, nursery, or cozy sitting area. The spacious kitchen boasts ample storage and counter space, making meal prep a breeze. Step outside and enjoy the best of community living! This home is walking distance to the lake, and the neighborhood offers miles of scenic trails and multiple amenity centers, perfect for outdoor enthusiasts and those who love an active lifestyle. New Roof in April 2024, New HVAC coils in 2024, Water Heater in 2021 Don’t miss this incredible opportunity—schedule your showing today!

Investor Tools

Property Icon
$393,216
Estimated Property Value
$317,809Estimated Mortgage Balance
$75,407Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,359 /month
Positive
Cash Flow Estimate:
$786 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$689/month
$275/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,306
$393,216
2025
$80,617
$312,599
$393,216
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,306
$393,216

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$324,000
No
First
Apr 17, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$317,809
$75,407
19%
81%
$1,943/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$2,218/mo
+$652/mo
8.8%

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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2209 Gregory Creek Dr | Property Details | No Agent List