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$445,389

NAL Estimated Property Value

2695 Lake Ridge Drive, Little Elm, TX, 75068

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,856 Sq Ft
price_per_sqft$223.6 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave, Convection Oven
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size5,998 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR282297
Lot Number29
SubdivisionSunset Pointe Ph Fifteen
Land UseResidential
Legal DescriptionSUNSET POINTE PH FIFTEEN BLK 72 LOT 29
Census Tract020133
Assessed Land Value$126,000
Assessed Improvement Value$319,389
Assessment Year2025

About this property

Wonderful Sunset Point home offers flexibility and quality. The formal dining can be utilized as such or makes a cozy second living area, would also serve as a superb home office space or a game room for the kids. This spacious home offers custom features and finishes. There are plantation shutters throughout and great natural lighting. The kitchen offers granite counters, a breakfast bar, upgraded dishwasher and microwave, gas range, plenty of counter space & cabinets. The family room has a wood burning fireplace with custom surround and mantle. The upgraded master bathroom includes shower, custom paint, jetted garden tub and dual sinks. The large dining room can be used as an office or playroom. The lawn is well maintained and landscaped. A storage shed is located in the rear yard. The covered patio is a stand out with stamped and stained. This property will not last long, schedule your showing today.

Investor Tools

Property Icon
$445,389
Estimated Property Value
$0Estimated Mortgage Balance
$445,389Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,672 /month
Positive
Cash Flow Estimate:
$891 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$404/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,620
$445,389
2025
$126,000
$319,389
$445,389
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,620
$445,389

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$445,389
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$50/mo
+$2,820/mo
7.7%

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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