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$403,104

NAL Estimated Property Value

500 Fossil Creek Dr, Little Elm, TX, 75068

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,019 Sq Ft
price_per_sqft$183.26 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size7,353 sqft

Building Information

Year Built2017
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR685006
Lot Number56
SubdivisionPaloma Creek South Phase 9d-2
Land UseResidential
Legal DescriptionPALOMA CREEK SOUTH PHASE 9D-2 BLK 18 LOT 56
Census Tract020135
Assessed Land Value$90,652
Assessed Improvement Value$312,452
Assessment Year2025

About this property

Move in ready with hot tub, shed & loaded with upgrades! Situated on a landscaped corner lot with an upgraded iron front door, this single story home features an open layout with an office, decorative lighting & designer window shades. Prepare meals in the upgraded eat-in kitchen with under cabinet lighting & newly installed canned lights, gas range, butler’s pantry, island & granite counters. Upgraded bathrooms with raised vanities & designer tile in showers. The spacious private master suite has a sitting area, two walk in closets & custom shelving. This sitting area can be converted into a 4th bedroom with its own closet & is framed to add a door to hallway. Wonderful backyard, stay cool under the extended covered patio & relax in the hot tub! The highly sought-after Paloma Creek neighborhood is conveniently located close to schools & easy highway access. With resort-style pools, fitness centers, parks, playgrounds & miles of trails, this master-planned community has everything!

Investor Tools

Property Icon
$403,104
Estimated Property Value
$244,504Estimated Mortgage Balance
$158,600Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,419 /month
Positive
Cash Flow Estimate:
$806 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$692/month
$485/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,292
$403,104
2025
$90,652
$312,452
$403,104
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,292
$403,104

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Loan Store Inc
Conventional
$252,000
No
First
Sep 4, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$244,504
$158,600
39%
61%
$1,511/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$1,996/mo
+$874/mo
8.5%

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.

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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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500 Fossil Creek Dr | Property Details | No Agent List