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$422,276

NAL Estimated Property Value

2641 Red Spruce Dr, Little Elm, TX, 75068

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,095 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$202.82 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size5,998 sqft

Building Information

Year Built2001
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR233612
Lot Number9
SubdivisionEldorado Estates
Land UseResidential
Legal DescriptionELDORADO ESTATES BLK C LOT 9
Census Tract020112
Assessed Land Value$96,000
Assessed Improvement Value$332,013
Assessment Year2025

About this property

Welcome to this beautifully updated 3-bedroom, 2-bathroom home featuring brand new flooring and fresh interior paint. Nestled in a quiet neighborhood and zoned to top-rated Frisco ISD schools, you won't want to miss this move-in ready home in a highly desirable location! The spacious layout offers an inviting living area perfect for entertaining or relaxing. Enjoy cooking in the well-appointed kitchen with plenty of cabinets for storage and counters for prepping and entertaining. The open floor plan allows you to cook while visiting with guests or hanging out with family. Unwind in the serene primary suite with sitting area and overlooking the spacious backyard. Ensuite bath includes separate vanities, garden tub, shower and large walk-in closet. The front rooms offer plenty of flex space for a home office, extra dining and living, game room, the possibilities are endless. The two guest bedrooms are light and bright and both have larger closets. Step outside to a beautifully landscaped yard—perfect for morning coffee or evening gatherings. There is plenty of room to add a garden and watch the kids and pets play. New HVAC system in Oct 2024 includes a whole house air cleaner. Several window screens are solar, adding energy efficiency. Roof has 30 year impact resistant composition shingles.

Investor Tools

Property Icon
$422,276
Estimated Property Value
$0Estimated Mortgage Balance
$422,276Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,549 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$365/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,270
$422,276
2025
$96,000
$332,013
$428,013
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,270
$422,276

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$422,276
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
N/A
+$2,870/mo
8.2%

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.

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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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2641 Red Spruce Dr | Property Details | No Agent List