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$399,959

NAL Estimated Property Value

2345 Magnolia Dr, Little Elm, TX, 75068

Off MarketInfo
Beds5 Beds
Baths2 Bath
Baths3,063 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$83.25 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Lot Size7,244 sqft

Building Information

Year Built2001
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR220509
Lot Number34
SubdivisionThe Villages Of Woodlake Ph 2b
Land UseResidential
Legal DescriptionTHE VILLAGES OF WOODLAKE PH 2B BLK O LOT 34
Census Tract020120
Assessed Land Value$110,711
Assessed Improvement Value$289,248
Assessment Year2025

About this property

PRICED SLASHED $20K FOR QUICK SALE! NEW ROOF installed on 05-09-2019. BARGAIN PRICED for a huge scenic lot backing to tree-lined greenbelt, just 3 blocks from community pool, park and ponds in master planned community with jogging paths. Freshly painted! Game Room has a privacy door and a WI closet so it can be 6th bedroom if needed. View of greenbelt from downstairs master suite, family room, breakfast nook & kitchen. Upstairs secondary bedrooms are oversized with WI closets and share 2 bathrooms. Big kitchen with WI pantry and white appliances including a refrigerator. Front living area can be home office or dining room. 3rd HVAC unit for garage workshop or man cave. Big backyard ideal for pets, play or pool.

Investor Tools

Property Icon
$399,959
Estimated Property Value
$230,409Estimated Mortgage Balance
$169,550Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$826/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,912
$399,959
2025
$110,711
$289,248
$399,959
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,912
$399,959

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$254,250
No
First
Jun 30, 2021
Jul 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$230,409
$169,550
42%
58%
$1,525/mo

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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2345 Magnolia Dr | Property Details | No Agent List