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$550,000

3604-3606 Kayewood Dr, Little Elm, TX, 75068

$556,545 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,286 Sq Ft
DuplexDuplex
price_per_sqft$240.59 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Other
FlooringOther

Exterior

Lot Size9,879 sqft

Building Information

Year Built2002
Stories1
Roof Type105

Land Information

APNR956036
Lot Number8
SubdivisionHilltown 1
Land UseResidential
Legal DescriptionHILLTOWN 1 BLK K LOT 8
Census Tract020115
Assessed Land Value$108,658
Assessed Improvement Value$270,976
Assessment Year2025

About this property

RARE updated Duplex in Little Elm! Backs to the lake! 3606 side is vacant and ready for an owner occupant buyer or an investor buyer to rent out! Unit 3604 is tenant occupied through 6-30-26 and currently paying 1,725 per month. Spacious living area greets you upon entrance with plenty of natural light and space to entertain or relax! Flows seamlessly into your beautifully updated Kitchen featuring sleek Quarts C-tops, custom tile backsplash, and plenty of storage and C-top space!! You'll love cooking in this space! Both Bedrooms are a good size and share updated full baths. Spacious backyard with no neighbors behind you! Only showing the vacant 3604 side! Do not disturb Unit 3606. ***Vacant lot to the left of the property is available to be purchased for an additional cost*** ***Lot is NOT included in the 550K List Price of the Duplex***

Investor Tools

Property Icon
$421,000
Estimated Property Value
$0Estimated Mortgage Balance
$421,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$556,545
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$794/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,417
$379,634
2025
$108,658
$270,976
$379,634
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,417
$379,634

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$421,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,280/mo
N/A
+$2,280/mo
6.5%

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.

Explore Texas Explore This Area
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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3604-3606 Kayewood Dr | Property Details | No Agent List