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$574,000

NAL Estimated Property Value

2209 Preston Bend Street, Little Elm, TX, 75036

Off MarketInfo
LeaseInfo
Beds4 Beds
Baths3 Bath
Baths2,386 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.42 / sqft
Year BuiltBuilt in 2022

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Convection Oven, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size4,792 sqft

Building Information

Year Built2022
Stories2
Roof Type105
Garage Spaces1

Land Information

APNR978410
Lot Number18
SubdivisionKings Court
Land UseResidential
Legal DescriptionKINGS COURT BLK B LOT 18
Census Tract021536
Assessed Land Value$138,575
Assessed Improvement Value$425,510
Assessment Year2025

About this property

Location,location location with exemplary Frisco Schools!BRAND NEW home for lease.Open and bright floor plan will give your family a well thought out layout with a space for everyone.The home opens into a study for working from home.Study can also be used a Dining room.2 BEDROOMS and 2 FULL BATHS down!The Kitchen features a large island, plenty of cabinetry,along with a Dining space directly across that makes entertaining easy!A large family room is at the back of the home which looks out to the covered porch and your backyard.The Owner's Retreat finished off the 1st floor with 2 large windows and an ensuite bathroom and large walk-in closet.Going up to the 2nd floor a Retreat space welcomes you for game nights,movies,or a workout room.2 additional bedrooms and a full bath finish out this cozy plan!REFRIGERATOR included.Binds throughout.Energy efficient with low utility bills.Tenants enjoy all amenities.Covered patio with a decent size yard is a perfect place for morning coffee or tea.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$577/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,053
$564,085
2025
$138,575
$425,510
$564,085
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,053
$564,085

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Arvest Bank
Open End Mortgage / Open End With Future Advance Clause
$403,134
No
First
Feb 8, 2023
Feb 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$378,986
$195,014
33%
66%
$2,417/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$2,417/mo
+$283/mo
5.6%

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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2209 Preston Bend Street | Property Details | No Agent List