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$342,431

NAL Estimated Property Value

2409 Michelle Creek Dr, Little Elm, TX, 75068

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,684 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.15 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Microwave
FlooringCarpet, Hardwood, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting
Lot Size6,534 sqft

Building Information

Year Built2014
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR567918
Lot Number10
SubdivisionPaloma Creek South Phase 7c
Land UseResidential
Legal DescriptionPALOMA CREEK SOUTH PHASE 7C BLK L LOT 10
Census Tract020135
Assessed Land Value$77,786
Assessed Improvement Value$264,645
Assessment Year2025

About this property

Back on Market! Buyer had a change of heart, pre-inspection. Welcome to this beautifully maintained 3-bedroom, 2-bath home in the highly desirable Paloma Creek community of Little Elm. From the moment you enter, you'll appreciate the stunning wood-inlaid entryway, hand-scraped hardwood floors, designer tile accents, brand-new carpet, and fresh interior paint that create a warm and inviting atmosphere throughout the home. The open-concept floor plan is ideal for both everyday living and entertaining. The kitchen features a gas stove, ample cabinet and counter space, and the refrigerator will stay with the home, making your move even easier. Both bathrooms are appointed with elegant travertine countertops, adding a touch of luxury and timeless style. Step outside to a beautifully manicured backyard with plenty of room to create your dream outdoor oasis, including space for a future pool. Whether you're hosting family and friends or simply enjoying a quiet Texas evening, this backyard offers endless possibilities. Located in the master-planned Paloma Creek community, residents enjoy access to multiple pools, parks, playgrounds, walking trails, fitness facilities, and community events. Conveniently situated near Frisco, you'll be minutes from premier shopping, dining, and entertainment destinations, including PGA Frisco, The Star, Grandscape, and Lake Lewisville. With continued growth and development throughout the area, now is an exciting time to invest in this thriving North Texas community. Combining thoughtful updates, beautiful finishes, and an exceptional location, this move-in-ready home offers the perfect opportunity to enjoy the best of North Texas living.

Investor Tools

Property Icon
$342,431
Estimated Property Value
$0Estimated Mortgage Balance
$342,431Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,055 /month
Positive
Cash Flow Estimate:
$685 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$608/month
$275/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,579
$342,431
2025
$77,786
$264,645
$342,431
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,579
$342,431

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$342,431
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$275/mo
+$2,595/mo
10.1%

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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2409 Michelle Creek Dr | Property Details | No Agent List