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$378,268

NAL Estimated Property Value

2909 Brazos Dr, Little Elm, TX, 75068

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,689 Sq Ft
price_per_sqft$236.77 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Plumbed For Ice Maker
FlooringCarpet, Luxury Vinyl Plank, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size6,251 sqft

Building Information

Year Built2018
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR310921
Lot Number6
SubdivisionShahan Lakeview Addn Ph 1
Land UseResidential
Legal DescriptionSHAHAN LAKEVIEW ADDN PH 1 BLK A LOT 6
Census Tract020130
Assessed Land Value$109,375
Assessed Improvement Value$268,893
Assessment Year2025

About this property

BACK ON MARKET - NOTHING WRONG WITH HOME!!! Buyer was planning to use as rental and then decided to go another route! Come see this beautiful 1 story home in Little Elm! The home was built in 2018 and has a desirable open concept floorplan with spacious living areas, luxury vinyl plank flooring, 3 bedrooms, 2 baths, a beautiful kitchen with granite countertops, stainless steel appliances, gas range, and a large private backyard with covered patio. Enjoy sitting under the front covered porch or working in the garage complete with epoxy flooring. The home is located in desirable Shahan Lakeview community which features a community pool, walking trails, park and playground, and is very close to the Lake!! This home is a MUST SEE!!!

Investor Tools

Property Icon
$378,268
Estimated Property Value
$365,331Estimated Mortgage Balance
$12,937Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,399 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$848/month
$270/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,282
$378,268
2025
$109,375
$268,893
$378,268
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,282
$378,268

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Fha
$392,755
Yes
First
Aug 15, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$365,331
$12,937
3%
97%
$2,355/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$2,625/mo
+$245/mo
9.1%

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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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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