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$680,000

NAL Estimated Property Value

345 Cowling Dr, Little Elm, TX, 75068

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,892 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.92 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Double Oven, Refrigerator, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size8,973 sqft

Building Information

Year Built2022
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR749023
Lot Number12
SubdivisionPrairie Oaks Phase 1a
Land UseResidential
Legal DescriptionPRAIRIE OAKS PHASE 1A BLK H LOT 12
Census Tract020130
Assessed Land Value$102,509
Assessed Improvement Value$550,865
Assessment Year2025

About this property

Situated on a desirable 60' CORNER lot and featuring an open-concept layout, this BRAND NEW home comes with all the space your family needs. Beautiful curved stairs and high vaulted ceilings welcomes you to this 5bed and 4bath home. Primary and a guest suite downstairs with 2 full bath ideal for visiting guests or in-law suite.The 2nd bedroom downstairs can be used a study as well.The floor to ceiling Shiplap fireplace is the show stopper. Designer finishes includes natural wood-look laminate flooring including the stairs, upgraded lighting.Entertain in the well-appointed kitchen with a huge island, stainless appliances with double oven, designer backsplash and huge walk-in pantry. Upstairs is the spacious game room with floating wet bar and a huge media room prewired for Atmos home theatre surround. Amenities include 3 tiered pools, club house, parks, trails, and more! Easy access to major thoroughfares means you're only minutes from Lake Lewisville, Little Elm, Denton, and Frisco.

Investor Tools

Property Icon
$680,000
Estimated Property Value
$490,446Estimated Mortgage Balance
$189,554Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,080 /month
Positive
Cash Flow Estimate:
$1,360 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,455/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,056
$653,374
2025
$102,509
$550,865
$653,374
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,056
$653,374

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Armstrong Bank
Commercial
$500,000
No
First
Apr 25, 2025
Apr 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$490,446
$189,554
27%
72%
$2,998/mo

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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345 Cowling Dr | Property Details | No Agent List