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$375,000

313 Willowlake Dr, Little Elm, TX, 75068

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,545 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$242.72 / sqft
Year BuiltBuilt in 2002

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, Electric Range, Gas Water Heater, Microwave
FlooringCeramic Tile, Hardwood

Exterior

Lot Size6,168 sqft

Building Information

Year Built2002
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR239420
Lot Number15
SubdivisionLakewood Estates Ph 1
Land UseResidential
Legal DescriptionLAKEWOOD ESTATES PH 1 BLK L LOT 15
Census Tract020126
Assessed Land Value$98,720
Assessed Improvement Value$213,231
Assessment Year2025

About this property

Great location close to Little Elm Beach in the heart of Little Elm! Before you even enter the home you can see how well loved and cared for it has been! The landscaping is lovely and will continue to give enjoyment with each season. The kitchen has been updated and has an open floorplan to the living room and formal dining area. Beautiful bamboo flooring throughout along with updated ceramic tile. Upgraded Pella windows with solar screens to keep those energy bills low. The water heater was replaced and the home received a fresh coat of paint in 2019. The back porch is absolutely breathtaking and relaxing with a gorgeous pergola on an extended slab and additional storage with a shed.

Investor Tools

Property Icon
$325,000
Estimated Property Value
$338,751Estimated Mortgage Balance
$0Estimated Equity
-4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$598/month
$165/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,549
$311,951
2025
$98,720
$213,231
$311,951
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,549
$311,951

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Fha
$338,751
Yes
First
May 9, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$346,098
N/A
0%
106%
$2,113/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$2,278/mo
+$592/mo
10.6%

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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313 Willowlake Dr | Property Details | No Agent List