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$449,738

NAL Estimated Property Value

3204 Discovery Dr, Little Elm, TX, 75068

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,095 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$221.96 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-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 Oven, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size6,229 sqft

Building Information

Year Built2018
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR724184
Lot Number7
SubdivisionWildridge Phase 3b
Land UseResidential
Legal DescriptionWILDRIDGE PHASE 3B BLK J LOT 7
Census Tract020130
Assessed Land Value$109,009
Assessed Improvement Value$340,729
Assessment Year2025

About this property

Welcome to 3204 Discovery Dr, Little Elm, TX 75068 – a beautifully updated home just minutes from the sparkling shores of Lewisville Lake. This stunning 3-bedroom, 2-bath residence with a dedicated study offers the perfect blend of comfort, functionality, and style. Inside, you’ll find an inviting living room centered around a stately fireplace, ideal for cozy evenings or entertaining guests. Engineered hardwood floors, soaring ceilings, and brand-new plantation shutters create a warm and elegant atmosphere throughout. The modern eat-in kitchen is a true showstopper, featuring an island with seating, crisp white cabinetry, designer lighting, and ample storage space – perfect for both daily living and hosting gatherings. The serene primary bedroom is a peaceful retreat, complete with an ensuite bath that includes separate vanities, a large soaking tub, a walk-in shower, and a generous walk-in closet. Two additional bedrooms and a versatile study offer plenty of space for work, guests, or play. The home also boasts a brand-new roof and gutters for peace of mind, and a garage equipped with custom-built tool cabinets – ideal for any hobbyist or DIY enthusiast. Located in a desirable neighborhood and just minutes from lakefront recreation, parks, and schools, this move-in-ready gem is the perfect place to call home. Come experience the charm and quality of 3204 Discovery Dr! 3D Tour available online

Investor Tools

Property Icon
$449,738
Estimated Property Value
$0Estimated Mortgage Balance
$449,738Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,790 /month
Positive
Cash Flow Estimate:
$930 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$842/month
$325/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,853
$449,738
2025
$109,009
$340,729
$449,738
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,853
$449,738

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$449,738
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$325/mo
+$2,545/mo
7.7%

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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3204 Discovery Dr | Property Details | No Agent List