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B+
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$441,140

2632 Lake Ridge Dr, Little Elm, TX, 75068

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,132 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.21 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

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

Exterior

Lot Size5,998 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR282225
Lot Number9
SubdivisionSunset Pointe Ph Fifteen
Land UseResidential
Legal DescriptionSUNSET POINTE PH FIFTEEN BLK 70 LOT 9
Census Tract020133
Assessed Land Value$126,000
Assessed Improvement Value$315,140
Assessment Year2025

About this property

You will fall in love with this gorgeous home! looks like brand new home, fresh paint on exterior and interior. New waterproof High Performance Luxury Vinyl plank in the whole house except wet areas like, laundry room, kitchen, both bathrooms and breakfast area that have 24x12 Porcelain floor tiles. NO Carpet in this beautiful home. New dishwasher, new kitchen sink and faucet. New quartz countertop and porcelain tiles backflashes. Large quartz countertop could be used as eating table. Brand new doors both front entry and the back, Mud room, epoxy garage. Foundation repair has completed last month with transferrable warranty. Engineering report and Hydrostatic test have done as well. This beautiful home will show well. Please send me TREC or TAR application, 2 bank statements, 2 most recent paystubs, DL. I'll send you a link to pay and run credit and background check online.

Investor Tools

Property Icon
$441,140
Estimated Property Value
$394,250Estimated Mortgage Balance
$51,487Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,647 /month
Positive
Cash Flow Estimate:
$882 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$432/month
$165/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,976
$441,140
2025
$126,000
$315,140
$441,140
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,976
$441,140

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Paramount Residential Mortgage Group
Conventional
$394,250
No
First
Sep 25, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$389,653
$51,487
11%
88%
$2,364/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,750/mo
$2,529/mo
+$1,221/mo
10.2%

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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2632 Lake Ridge Dr | Property Details | No Agent List