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$528,000

NAL Estimated Property Value

3425 Palm Lake Dr, Little Elm, TX, 75068

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,743 Sq Ft
price_per_sqft$204.89 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesSome Gas Appliances, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Plumbed For Gas
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size6,534 sqft

Building Information

Year Built2015
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR529695
Lot Number12
SubdivisionSunset Pointe Ph Sixteen
Land UseResidential
Legal DescriptionSUNSET POINTE PH SIXTEEN BLK 77 LOT 12
Census Tract020133
Assessed Land Value$127,602
Assessed Improvement Value$400,398
Assessment Year2025

About this property

FRISCO ISD. Welcome to this stunning 4BR, 3.5 bath two-story residence. Distinctive features include a secluded study w dbl glass French door, generously sized kitchen w island, butler's pantry, walk-in pantry, & spacious utility room. Wood floors seamlessly flow through the main areas encompassing the kitchen, nook, & hallways. Family room, graced w stone fireplace is inviting. Primary BR is perfectly situated on main level. 3 BRs up, 1 w its own ensuite, offer versatility. Backyard oasis invites relaxation w a covered patio & extended pavers. Community includes gated pool, park, & scenic jogging paths surrounding the pond. 3Mi from OMNI PGA Resort full of restaurants, dining, + experiences! Close proximity to Lake Lewisville. HEB & Universal Studios coming to the area. Upgrades include New Roof 2023, built Walk-In storage in Attic, EcoBee thermostats (2), HVAC up coil replaced '22, Ring garage cam, Fireplace remote control, Hall Tree, Overhead Garage storage & Laundry drying rack.

Investor Tools

Property Icon
$528,000
Estimated Property Value
$499,687Estimated Mortgage Balance
$28,313Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,372 /month
Positive
Cash Flow Estimate:
$1,124 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$560/month
$165/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,082
$528,000
2025
$127,602
$400,398
$528,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,082
$528,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$520,000
No
First
Mar 28, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$499,687
$28,313
5%
95%
$3,118/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,750/mo
$3,283/mo
+$467/mo
8.5%

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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3425 Palm Lake Dr | Property Details | No Agent List