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$379,999

3404 Rio Grande Road, Little Elm, TX, 75068

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,036 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$186.64 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesPrivate Yard
Lot Size6,251 sqft

Building Information

Year Built2018
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR311054
Lot Number10
SubdivisionShahan Lakeview Addn Ph 1
Land UseResidential
Legal DescriptionSHAHAN LAKEVIEW ADDN PH 1 BLK H LOT 10
Census Tract020130
Assessed Land Value$109,375
Assessed Improvement Value$271,625
Assessment Year2025

About this property

Recent upgrades where it counts—new roof and gutters! Just 10 minutes from Lake Lewisville and Little Elm Beach, this 4-bedroom home offers the lake lifestyle without the lakefront price. Welcome to 3404 Rio Grande in Little Elm, a beautifully designed 4-bedroom, 2-bath home with 2,036 sq ft located in the peaceful community of Shahan Lakeview Estates. With quick access to Lake Lewisville’s beaches, shoreline, parks, and boating, this home is perfect for buyers who want to enjoy outdoor recreation and lake days while still living in a quiet suburban neighborhood. Inside, the open-concept layout is designed for entertaining. The spacious kitchen features granite countertops, beautiful cabinetry, stainless steel appliances, a gas stove, and extra countertop space, plus a convenient buffet-bar area perfect for hosting family and friends. Decorative lighting, under-cabinet lighting, and plenty of storage make the kitchen both stylish and functional. The primary suite offers a relaxing retreat with a luxurious walk-in shower and spacious primary closet, while the additional bedrooms provide flexibility for guests, family, or a home office. This architecturally designed home includes premium divided light windows on the front elevation and a professionally engineered post-tension foundation, along with sprinkler system, energy-efficient polysealant anti-draft protection at windows, solar screen windows and front glass storm door. Residents of Shahan Lakeview Estates enjoy a welcoming neighborhood with community amenities including a pool, dog park, and playground, plus close proximity to Little Elm Beach and Lake Lewisville’s 20 miles of shoreline for boating, fishing, trails, and waterfront parks. Conveniently located near Frisco, Denton, and major highways for an easy Dallas commute, this home offers the perfect balance of peaceful suburban living and lake lifestyle convenience.

Investor Tools

Property Icon
$381,000
Estimated Property Value
$0Estimated Mortgage Balance
$191,466Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,286 /month
Positive
Cash Flow Estimate:
$762 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$791/month
$193/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,589
$381,000
2025
$109,375
$271,625
$381,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,589
$381,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Keller Mortgage Llc
Conventional
$213,772
No
First
Aug 7, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$189,534
$191,466
50%
50%
$1,282/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,750/mo
$1,475/mo
+$2,275/mo
11.8%

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.

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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3404 Rio Grande Road | Property Details | No Agent List