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$315,000

2221 Obsidian Dr, Little Elm, TX, 76227

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,579 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.49 / sqft
Year BuiltBuilt in 2020

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, Dryer, Gas Cooktop, Gas Oven, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Washer
FlooringCarpet, Tile

Exterior

Lot Size4,400 sqft

Building Information

Year Built2020
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR765521
Lot Number85
SubdivisionHillstone Pointe Phase 1a, 2, &3
Land UseResidential
Legal DescriptionHILLSTONE POINTE PHASE 1A, 2, &3 BLK A LOT 85
Census Tract020121
Assessed Land Value$70,400
Assessed Improvement Value$248,259
Assessment Year2025

About this property

Welcome to this charming 3-bedroom, 2-bath home, offering 1,579 sq ft of modern living space. Built in 2020, this thoughtfully designed home greets you with an open floor plan where the living room, dining area, and kitchen seamlessly flow together. The kitchen boasts granite countertops, stainless steel appliances, and includes a refrigerator, making it a chef’s delight. The private primary suite features an ensuite bath with dual sinks, a shower, and a spacious walk-in closet. Secondary bedrooms and a secondary bath are situated in a separate area of the home, providing added privacy and convenience. Additional highlights include a tankless water heater, as well as a washer and dryer, both included with the home. The 2-car rear-facing garage adds to the home’s appeal. Located near parks, top-rated schools, shopping centers, and dining options, this home offers both comfort and convenience. Don’t miss the chance to make it yours!

Investor Tools

Property Icon
$318,659
Estimated Property Value
$236,250Estimated Mortgage Balance
$84,122Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,912 /month
Positive
Cash Flow Estimate:
$637 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$777/month
$45/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,734
$318,659
2025
$70,400
$248,259
$318,659
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,734
$318,659

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$236,250
No
First
Dec 31, 2025
Jan 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$234,537
$84,122
26%
74%
$1,417/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,820/mo
$1,462/mo
+$1,358/mo
10.6%

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.

Explore Texas Explore This Area
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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2221 Obsidian Dr | Property Details | No Agent List