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$474,225

NAL Estimated Property Value

3480 Canyon Lake Drive, Little Elm, TX, 75068

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,417 Sq Ft
price_per_sqft$151.01 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size6,504 sqft

Building Information

Year Built2016
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR529617
Lot Number27
SubdivisionSunset Pointe Ph Sixteen
Land UseResidential
Legal DescriptionSUNSET POINTE PH SIXTEEN BLK 74 LOT 27
Census Tract020133
Assessed Land Value$127,512
Assessed Improvement Value$353,488
Assessment Year2025

About this property

East facing, 2017 build. FRISCO ISD. Energy Star Certified! Move in ready w all the bells and whistles. Situated on oversized lot backing to Corps property. Desirable floor plan w master on main with half bath and large study w huge WIC. Up features scnd lvg w two large bdrms, full bath w dual sinks. White, grey tones enhanced by hand scraped hardwood on main. Stone cut gas fire place, pot and pan drawer, pull out dual trash recycle, under cabinet lighting, uplighting at elevation, gas stub on oversized covered patio. Smart features include Nest, window and door sensors, motion, keypad at front and garage, camera entry all controlled via app. Community offers parks, pools, trails. Few blocks from elementary.

Investor Tools

Property Icon
$474,225
Estimated Property Value
$310,365Estimated Mortgage Balance
$163,860Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,845 /month
Positive
Cash Flow Estimate:
$948 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$465/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,214
$474,225
2025
$127,512
$353,488
$481,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,214
$474,225

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crestmark Mortgage Company Ltd
Conventional
$351,500
No
First
May 29, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$310,365
$163,860
34%
65%
$2,108/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$2,708/mo
+$162/mo
7.3%

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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