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$2,395

407 Cherry Laurel Dr, Little Elm, TX, 75068

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths1,818 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.32 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave
FlooringCarpet, Vinyl

Exterior

Lot Size5,314 sqft

Building Information

Year Built2024
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR1050347
Lot Number15
SubdivisionSouth Oak Phase 3
Land UseResidential Single Family
Legal DescriptionSOUTH OAK PHASE 3 BLK G LOT 15
Census Tract020115
Assessed Land Value$100,972
Assessed Improvement Value$317,089
Assessment Year2025

About this property

Gorgeous 2024 built home by Taylor Morrison and still brand new. Great location. Close to Lake Lewisville and not far from bridge connecting Little Elm with I35 going to Denton. The gourmet kitchen has huge island and additional cabinetry which was expanded by owner and overlooks living room and back yard. Stainless steel appliances with gas cook top, oven, microwave, dishwasher. Luxury vinyl flooring throughout the downstairs and carpet in all bedrooms. Large back yard with covered patio. Community has a nice resort style pool, fitness center, scenic ponds, greenbelt and fishing. Master Bedroom is downstairs with walk in closet, additional shelving added by owner and bath has two sinks and large shower. Bathrooms upstairs has two vanities with combo shower and tub. Washer & dryer remain with property. Floor plan attached to listing.

Investor Tools

$354,909Estimated Mortgage Balance
$67,209Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,526 /month
Positive
Cash Flow Estimate:
$842 /month

Interested in this property?

Jency Hills

Jency Hills Realtors, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,061/month
$1,250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,632
$418,061
2025
$100,972
$317,089
$418,061
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,632
$418,061

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kind Lending Llc
Conventional
$364,638
No
First
Jan 14, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$354,909
$63,152
15%
84%
$2,187/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,750/mo
$3,437/mo
+$313/mo
10.7%

City: Little Elm

407 Cherry Laurel Dr | Property Details | No Agent List