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$396,000

NAL Estimated Property Value

2951 High Meadow Drive, Little Elm, TX, 76208

Off MarketInfo
Baths0 Bath
Baths2,460 Sq Ft

Highlights

Interior

Bathrooms 0Bathrooms 0
Garage AvailableGarage Available
Heating GasHeating Gas

Exterior

Lot Size31,189 sqft

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR1059019
Lot Number21R
SubdivisionKnob Hill Lake Estates
Land UseResidential Single Family
Legal DescriptionKNOB HILL LAKE ESTATES BLK B LOT 21R
Census Tract020130
Assessed Land Value$126,732
Assessed Improvement Value$8,217
Assessment Year2025

About this property

SUPER LOW TAXES at 1.417% with no city taxes! Looking for peace and quiet lake-front community? Check out these lots in a small, secluded community on Lake Lewisville with neighborhood access to the lake for swimming or play. It offers a unique laid-back lifestyle with tons of privacy but has easy access to shopping and restaurants. It is ready for you to build your dream home or a weekend retreat. All parcels included are Tax ID or Parcel ID: R45751, R152205, R45745, R152204

Investor Tools

Property Icon
$396,000
Estimated Property Value
$197,303Estimated Mortgage Balance
$198,697Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,376 /month
Positive
Cash Flow Estimate:
$792 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$165/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$134,949
2025
$126,732
$8,217
$134,949
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$134,949

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The American National Bank Of Texas
Conventional
$204,000
No
First
Jul 17, 2024
Aug 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,303
$198,697
50%
50%
$1,224/mo

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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