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$925,000

3536 Bay Ridge Drive, Little Elm, TX, 75068

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,539 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$261.37 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Outdoor Grill
Lot Size1 acre

Building Information

Year Built2001
Stories2
Roof Type105
Garage Spaces3

Land Information

APNR199686
Lot Number15
SubdivisionBay Ridge Estates Ph Two
Land UseResidential
Legal DescriptionBAY RIDGE ESTATES PH TWO BLK A LOT 15
Census Tract020115
Assessed Land Value$261,366
Assessed Improvement Value$440,702
Assessment Year2025

About this property

Welcome to 3536 Bay Ridge Drive — a beautifully updated tri-level luxury home on a rare one-acre lot in sought-after Bay Ridge Estates. Tucked into a quiet, tight-knit lakeside community with no through traffic, this home offers privacy and peace you can't find elsewhere. Step into your private resort-style backyard, the true showpiece. A sparkling pool with custom blue crystal plaster finish anchors the space, paired with a spa and cascading waterfall, built-in grill, and covered entertainment area wired for surround sound and ready entertaining. Lush landscaping and acreage wrap the retreat in seclusion — outdoor living for both grand entertaining and quiet evenings. Inside, rich wood flooring flows through the main living areas, while the remodeled chef's kitchen features granite counters, a stunning herringbone marble backsplash, center island, breakfast bar, and abundant cabinetry. A whole-home water filtration system delivers clean, filtered drinking water from every faucet. The formal living room is anchored by a fireplace with views of the backyard oasis, while an elevated office and media room offer flexible space. The luxurious primary suite is downstairs with a private sitting area overlooking the pool, marble flooring, and a spa-inspired marble-and-glass dual walk-in shower. A second primary suite upstairs offers its own ensuite - ideal for guests or multigenerational living. All baths feature Kohler fixtures, new upstairs carpet, and custom blinds throughout. Recent upgrades include all-new Low-E, nitrogen-filled windows, a Class 4 impact-resistant roof installed last year, and whole-home surround sound wiring. An exceptional bonus: an assumable 2.6% mortgage for qualified buyers. Minutes from PGA Frisco, the National Soccer Hall of Fame, Lake Lewisville, The Star, DFW Airport, and North Dallas, this one-of-a-kind estate offers luxury living on acreage in one of the area's most desirable lakeside communities.

Investor Tools

$343,156Estimated Mortgage Balance
$544,844Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,550 /month
Positive
Cash Flow Estimate:
$1,850 /month

Interested in this property?

Shane Yarbrough

Keller Williams Realty DPR

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,299/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,147
$702,068
2025
$261,366
$440,702
$702,068
No

Tax History

Year
Tax Paid
Assessed Value
2025
$11,147
$702,068

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aspire Bank
Conventional
$386,250
No
First
Oct 8, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$343,156
$544,844
61%
39%
$2,316/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,750/mo
$2,516/mo
+$1,234/mo
5.1%

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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3536 Bay Ridge Drive | Property Details | No Agent List