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B+
NoAgentList RatingHow are grades calculated? Info

$504,236

2609 Cedar Falls Dr, Little Elm, TX, 75068

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,112 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$248.58 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Water Heater, Gas Cooktop, Gas Oven, Microwave
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesGas Grill, Rain Gutters, Lighting, Outdoor Grill, Outdoor Kitchen, Storage
Lot Size8,494 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR297516
Lot Number27
SubdivisionSunset Pointe Ph Twenty Three A
Land UseResidential
Legal DescriptionSUNSET POINTE PH TWENTY THREE A BLK 97 LOT 27
Census Tract020132
Assessed Land Value$133,488
Assessed Improvement Value$370,748
Assessment Year2025

About this property

Fantastic home with backyard oasis located in desired FRISCO ISD. This former model home boasts many upgrades for entertaining guests or spending time with family, starting with the amazing backyard. The backyard is the epitome of outdoor living with a beautiful pool, covered patio with outdoor kitchen (built in grill+ice chest+storage+custom lighting), outdoor speakers, custom mosquito+bug spray system, and manicured landscaping. The open floor plan is great for family time with the kitchen overlooking the living room which has 4 built in wall+ceiling speakers. The primary suite (bedroom+bathroom+walk-in closet) is on its own wing of the home which provides privacy from the other 3 bedrooms and has a great view of the backyard and pool through the bay window. Home is conveniently located just steps away from the community park, walking trails, and fishing ponds. Come experience your own slice of paradise in the heart of DFW, just minutes away from the PGA, The Star, and Legacy West.

Investor Tools

Property Icon
$504,236
Estimated Property Value
$477,000Estimated Mortgage Balance
$42,160Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$457/month
$165/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,960
$504,236
2025
$133,488
$370,748
$504,236
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,960
$504,236

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independent Bank
Conventional
$477,000
No
First
Aug 5, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$462,076
$42,160
8%
92%
$2,860/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,750/mo
$3,025/mo
+$725/mo
8.9%

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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2609 Cedar Falls Dr | Property Details | No Agent List