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$392,759

NAL Estimated Property Value

355 Little Elm Creek Rd, Gunter, TX, 75058

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,327 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$300.68 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
AppliancesElectric Cooktop, Electric Oven, Electric Range

Exterior

Lot Size1.40 acres

Building Information

Year Built2024
Garage Spaces1

Land Information

APN294 021700612
SubdivisionCornell J A-G0217
Land UseResidential
Legal DescriptionG-0217 CORNELL J A-G0217, ACRES 1.403
Census Tract001901
Assessed Land Value$241,232
Assessed Improvement Value$151,527
Assessment Year2025

About this property

Welcome to peaceful country living just minutes from downtown Gunter! This nearly new 3-bedroom, 2-bath home sits on approximately 1.4 acres outside the Gunter city limits, offering the perfect blend of modern comfort and wide-open space with no city taxes, no HOA, and no PID. The thoughtfully designed floor plan features an open-concept living, dining, and kitchen area filled with natural light, creating an inviting space for everyday living. The kitchen offers modern finishes and generous counter space, while the private primary suite provides a relaxing retreat with an ensuite bath and spacious walk-in closet. Two additional bedrooms offer flexibility for guests, family, or a home office. Step outside and enjoy the freedom of acreage living with plenty of room to build a shop, park your RV or boat, garden, or simply enjoy the peaceful surroundings. A covered storage area provides the perfect place to keep your riding lawn mower, outdoor equipment, and recreational toys. Located in one of North Texas' fastest-growing communities, this property offers the increasingly rare opportunity to own approximately 1.4 acres in Gunter. Just west of the growing Taylor Ranch community, this property is positioned in an area experiencing continued residential growth while still offering the privacy and flexibility that acreage living provides. With room to expand, personalize, and enjoy the lifestyle you've been looking for, this property also offers strong long-term appeal in a market where small-acreage properties are becoming harder to find. Conveniently located near Gunter ISD schools, shopping, and dining with easy access to Celina, Prosper, and the Dallas North Tollway, this move-in-ready home offers the perfect balance of peaceful country living and everyday convenience. Don't miss your chance to own acreage with no city taxes, no HOA, no PID, and endless possibilities in one of North Texas' most desirable and rapidly growing communities.

Investor Tools

Property Icon
$392,759
Estimated Property Value
$274,822Estimated Mortgage Balance
$117,937Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$466/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,632
$392,759
2025
$241,232
$151,527
$392,759
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,632
$392,759

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank
Fha
$282,356
Yes
First
Jan 23, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$274,822
$195,178
41%
70%
$1,693/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: Gunter

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355 Little Elm Creek Rd | Property Details | No Agent List