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$340,000

3047 Lakefield Drive, Little Elm, TX, 75068

$376,929 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,358 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$101.25 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size7,131 sqft

Building Information

Year Built2006
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR270181
Lot Number8
SubdivisionSunset Pointe Ph Six
Land UseResidential
Legal DescriptionSUNSET POINTE PH SIX BLK 25 LOT 8
Census Tract020133
Assessed Land Value$114,080
Assessed Improvement Value$385,186
Assessment Year2025

About this property

CURB APPEAL WOW! STUNNING 4 BR 2.5 Bath well maintained & thoughtfully designed home adjacent to on site acclaimed elem school nestled in quiet neighborhood. Original owner took pride in upkeeping the home & it shows. Game room for family's enjoyment, media room & study. Community pool! First floor features high ceiling living area with fireplace, master suite with spacious master's bath, walk in closet. Kitchen has gorgeous original wood cabinets with impressive details, SS appliances & island. Dramatic winding staircase to the game room, media room and 3 great size secondary bedrooms. Great location! Close to restaurants, schools & easy access to DNT & Hwy 380. MUST SEE! HURRY!

Investor Tools

Property Icon
$499,266
Estimated Property Value
$0Estimated Mortgage Balance
$231,896Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$376,929
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,996 /month
Positive
Cash Flow Estimate:
$999 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$675/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,604
$499,266
2025
$114,080
$385,186
$499,266
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,604
$499,266

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$306,000
No
First
Dec 10, 2019
Jan 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$267,370
$231,896
46%
54%
$1,835/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,750/mo
$1,985/mo
+$1,765/mo
9.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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