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$344,000

NAL Estimated Property Value

2648 S Wavecrest Court, Little Elm, TX, 75068

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,860 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.16 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Plumbed For Ice Maker, Vented Exhaust Fan, Electric Water Heater
FlooringCeramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size8,481 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR251303
Lot Number1
SubdivisionRobinson Ridge
Land UseResidential
Legal DescriptionROBINSON RIDGE BLK B LOT 1
Census Tract020119
Assessed Land Value$100,695
Assessed Improvement Value$226,996
Assessment Year2025

About this property

MULTIPLE OFFERS ASKING FOR HIGHEST & BEST BY 7pm Tue May 18. PICTURE PERFECT & BETTER THAN NEW! Warmth & Beauty from the instant you open the front door! Wide open floorplan with room to breathe. Gleaming luxury hard surfaced flooring throughout with *NO CARPET*. Oceans of light throughout! Master retreat includes spacious soaker tub, separate shower, & MASSIVE walk-in closet. One of the largest lots in the neighborhood, the extended back patio slab and pool sized backyard beckons both relaxation and entertainment. Fabulous location close to schools, community pool, playground, park & more. If you snooze, you'll lose out on this EASY LIVING opportunity!

Investor Tools

Property Icon
$344,000
Estimated Property Value
$262,817Estimated Mortgage Balance
$81,183Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,064 /month
Positive
Cash Flow Estimate:
$688 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$713/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,830
$327,691
2025
$100,695
$226,996
$327,691
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,830
$327,691

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$278,856
No
First
Jun 17, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$262,817
$81,183
23%
76%
$1,739/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$1,839/mo
+$1,031/mo
10.0%

City: Little Elm

2648 S Wavecrest Court | Property Details | No Agent List