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$350,000

3021 Montserrat Creek Dr, Little Elm, TX, 75068

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,960 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.57 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Tile

Exterior

Exterior FeaturesPrivate Yard
Lot Size5,502 sqft

Building Information

Year Built2016
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR674848
Lot Number29
SubdivisionPaloma Creek South Phase 10a
Land UseResidential
Legal DescriptionPALOMA CREEK SOUTH PHASE 10A BLK 6 LOT 29
Census Tract020135
Assessed Land Value$71,500
Assessed Improvement Value$283,500
Assessment Year2025

About this property

MOVE-IN READY and is just waiting for you to make this beauty your new home. The owner's pride is easily recognized from curb to the backyard fence. The separate living area is presently being used as an office, but the uses are limitless (examples: game room or bedroom). The open floor plan is perfect for entertaining as well as a quiet evening snuggled up by the stone fireplace. Entertaining can be extended to the magnificent, covered patio or an evening of listening to the soothing sound of the pond. The split bedrooms provide privacy for the primary bedroom that has an intriguing geometric-patterned accent wall. The luxurious walk-in extended primary bathroom shower has two rain-head showers for your enjoyment as well as a large walk-in closet. Designer accent walls can also be found in both living areas (one being used as an office) and the laundry room. Wood-looking porcelain tile flooring is throughout the house except for bedrooms #2 and #3. A pest-control regiment provided by a commercial pest-control company that uses the exterior system to treat inside the walls of the home has been maintained. There is a French drain in the backyard as well as a drip-line around the foundation. The roof was replaced Oct. 2024.. You don't want to miss the opportunity to make 3021 Montserrat Creek your new home! Buyers and agents are responsible for verifying all information listed including the taxes, schools, room measurements, etc.

Investor Tools

Property Icon
$355,000
Estimated Property Value
$280,000Estimated Mortgage Balance
$81,194Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,130 /month
Positive
Cash Flow Estimate:
$710 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$631/month
$275/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,792
$355,000
2025
$71,500
$283,500
$355,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,792
$355,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Devlin Inc
Conventional
$280,000
No
First
Feb 12, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$273,806
$81,194
22%
77%
$1,679/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$1,954/mo
+$916/mo
9.7%

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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