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$627,649

NAL Estimated Property Value

3117 Tropica Dr, Little Elm, TX, 75068

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,026 Sq Ft
price_per_sqft$234.63 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

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
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size9,579 sqft

Building Information

Year Built2013
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR525718
Lot Number17
SubdivisionSunset Pointe Ph Seventeen
Land UseResidential
Legal DescriptionSUNSET POINTE PH SEVENTEEN BLK 51 LOT 17
Census Tract020133
Assessed Land Value$136,731
Assessed Improvement Value$490,918
Assessment Year2025

About this property

Discover your dream home in this stunning Landon Homes masterpiece! This single-story, north-east facing residence features a thoughtfully designed open floor plan - with 4 spacious bedrooms and 3 full bathrooms, a versatile extra living space, a dedicated home office, and a formal dining room. The heart of this home is the updated kitchen, showcasing beautiful knotty alder cabinets that offer ample storage, seamlessly flowing into living area. Step outside to your private backyard oasis, complete with a sparkling pool, soothing hot tub, and an inviting screened-in porch—perfect for year-round entertaining. The 3-car tandem garage provides plenty of space for vehicles and storage. The sellers have meticulously maintained this home as the first and only owners since building! Located in the highly sought-after Frisco ISD, this property combines luxury with an unbeatable location. Don’t miss this rare opportunity - schedule your viewing today - prepare to fall in love!

Investor Tools

Property Icon
$627,649
Estimated Property Value
$0Estimated Mortgage Balance
$627,649Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,260 /month
Positive
Cash Flow Estimate:
$1,420 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$592/month
$165/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,970
$627,649
2025
$136,731
$490,918
$627,649
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,970
$627,649

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$627,649
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,750/mo
$165/mo
+$3,585/mo
7.2%

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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3117 Tropica Dr | Property Details | No Agent List