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Owner Contacts

$369,799

NAL Estimated Property Value

2724 Splendor Ln, Little Elm, TX, 75068

Off Market

2 Beds

3 Bath

1,456 Sq Ft

Condos / Townhouses

$1.72 / sqft

Built in 2019

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Dryer, Gas Cooktop, Gas Range, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Washer

FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Lighting

Lot Size2,178 sqft

Building Information

Year Built2019

Stories2

Roof Type105

Garage Spaces2

Land Information

APNR727385

Lot Number20

SubdivisionSunset Place

Land UseResidential

Legal DescriptionSUNSET PLACE BLK B LOT 20

Census Tract020132

Assessed Land Value$93,654

Assessed Improvement Value$276,145

Assessment Year2025

About this property

THE ONLY TOWNHOME IN THE SUBDIVISION WITH A CUSTOM COVERED 10'x10' PATIO for your private backyard enjoyment! Luxury townhome with 20' ceiling. Gorgeous wood vinyl tile floors and tons of natural light add ambiance to the spacious gourmet kitchen with SS appliances, gas, huge island, large walk in pantry, granite countertops, matching backsplash, ample cabinet storage and counter space, decorative lighting. Primary bedroom is upstairs with ensuite bathroom including an oversize shower, dual sinks and walk in closet. Large second bedroom or office is also upstairs and another full bathroom. Laundry room is conveniently upstairs. Enjoy your private landscaped and fenced backyard. Energy efficient home. Dog park and green space. Subdivision is surrounded by your choice of restaurants, shopping & entertainment. FRISCO ISD. Refrigerator, washer, dryer and mounted smart TV are all included. HOA maintains yard and sprinkler system, landlord pays HOA.

Investor Tools

$369,799

Estimated Property Value

$257,117Estimated Mortgage Balance

$112,682Estimated Equity

30% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,219 /month

Positive

Cash Flow Estimate:

$740 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$370/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,586

$369,799

2025

$93,654

$276,145

$369,799

Tax History

Year

Tax Paid

Assessed Value

2024

$2,586

$369,799

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Red River Bank

Commercial

$265,000

First

Sep 11, 2024

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$257,117

$112,682

30%

70%

$1,589/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,280/mo

$1,589/mo

+$691/mo

7.4%

Learn About the Market: Opportunity in Texas

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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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