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$426,053

NAL Estimated Property Value

2833 Cresent Lake Dr, Little Elm, TX, 75068

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,509 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$187.33 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size8,050 sqft

Building Information

Year Built2012
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR527956
Lot Number21
SubdivisionSunset Pointe Ph Eight
Land UseResidential
Legal DescriptionSUNSET POINTE PH EIGHT BLK 38 LOT 21
Census Tract020119
Assessed Land Value$128,832
Assessed Improvement Value$346,115
Assessment Year2025

About this property

ASK ABOUT RATE-BUY DOWN ASSISTANCE OPTIONS. Spacious 4-Bedroom Home on a Huge Corner Lot in Sunset Point! Discover this stunning 4-bedroom, 2.5-bath home boasting over 2,500 sq. ft. of thoughtfully designed living space in the highly sought-after Sunset Point community! Nestled on a large corner lot, this home offers an open-concept floor plan perfect for modern living. Step into the inviting great room, complete with a cozy wood-burning fireplace, ideal for relaxing evenings. Need a quiet space to work? The private office with French doors is perfect for remote work or study. The primary suite, conveniently located downstairs, features dual walkin closets, a spa-like bath with a separate tub and shower, and plenty of space to unwind. Upstairs, you'll find a spacious game room (or second family room), along with three additional bedrooms and a bathroom with dual vanities; a perfect setup for family and guests! The huge backyard offers endless possibilities. Think backyard soccer games, BBQs, a pool, sport court, or your dream outdoor oasis! Located on the picturesque Sunset Point Peninsula, surrounded by the serene waters of Lake Lewisville, this community offers an onsite elementary school, scenic walking trails, community pools, and more. Plus, you're just a short drive from all the shopping, dining, and entertainment that Frisco and Prosper have to offer! Experience the best of peaceful lakeside living with easy city access—this is the home you’ve been waiting for! Schedule your private showing today!

Investor Tools

Property Icon
$426,053
Estimated Property Value
$197,135Estimated Mortgage Balance
$228,918Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,820 /month
Positive
Cash Flow Estimate:
$940 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$711/month
$165/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,407
$426,053
2025
$128,832
$346,115
$474,947
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,407
$426,053

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Stacey Denny Peavy Iv
Purchase Money Mortgage
$207,900
No
First
Jul 13, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,135
$228,918
53%
46%
$1,247/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,750/mo
$1,412/mo
+$2,338/mo
10.6%

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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2833 Cresent Lake Dr | Property Details | No Agent List