$403,103
NAL Estimated Property Value2740 Morning Song Dr, Little Elm, TX, 75068
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range, Microwave
FlooringCarpet, Ceramic Tile
Exterior
Exterior FeaturesRain Gutters
Lot Size6,294 sqft
Building Information
Year Built2005
Stories2
Roof Type105
Garage Spaces2
Land Information
APNR270299
Lot Number80
SubdivisionSunset Pointe Ph Nine
Land UseResidential
Legal DescriptionSUNSET POINTE PH NINE BLK 35 LOT 80
Census Tract020119
Assessed Land Value$120,826
Assessed Improvement Value$282,277
Assessment Year2025
About this property
New LVP flooring and paint in this very well-maintained 4 BR plus study, or can be 3 BR with 3 living areas. Back yard has views of greenbelt and creek. Great muted colors, island kitchen with stainless steel appliances., tumbled stone backsplash. Loads of updates. Sunset Pointe is a great community, amenities galore.
Investor Tools
$403,103
Estimated Property Value
$170,306Estimated Mortgage Balance
$233,561Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,419 /month
Positive
Cash Flow Estimate:
$806 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$862/month
$1/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,334
$403,103
2025
$120,826
$282,277
$403,103
No
Tax History
Year
Tax Paid
Assessed Value
2024
$8,334
$403,103
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Inc
Conventional
$198,774
No
First
Mar 7, 2019
Apr 2049
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$170,306
$232,797
57%
42%
$1,192/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$1,193/mo
+$1,677/mo
8.5%
