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$276,000

502 Sheriff Ave, Little Elm, TX, 75068

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,440 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$156.18 / sqft
Year BuiltBuilt in 2019

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal
FlooringVinyl

Exterior

Exterior FeaturesAwning(s)

Building Information

Year Built2019
Stories1

Land Information

APNR775447
Lot Number60
SubdivisionRocky Point
Land UseResidential
Legal DescriptionROCKY POINT LOT 60 SN#1 NV021215 HUD# NTA1890561
Census Tract020115
Assessed Improvement Value$81,883
Assessment Year2025

About this property

Welcome to Your Dream Home by Lake Lewisville! A Unique Opportunity to Own a Versatile, Income Producing Property in a Unbeatable Location! The Home is Tucked Away in a Serene Wooded Area Off Eldorado Parkway and Short Walk to Beautiful Lake Lewisville! Bring Your Boat, Jet Skis, Kayaks & Fishing Pole! This Newer Built (2019) 4 Bedroom, 2 Full Bathroom Home Offers a Open Floorplan With Modern Kitchen & Cabinets and Central Heat & Air + Full AC System. Entry Ramp for Easy Front Door Access and Wheelchair Accessible. Water Filtration System. This Property is a True Gem with NO HOA, NO City Taxes & Little to No Restrictions on What You Can do with the Property. Whether You Are Looking for Your Forever Home by the Lake, A Family Compound, or a Strategic Addition to Your Real Estate Portfolio, this Property Checks Every Box! Amazing Lot with with Large Fenced Front Yard & Space to Put Another Manufactured Home for Your Family or Double the Rent and Rent the Homes Out and Produce Income! Store Your RV Next to the House with Lot Big Enough for a XXL RV! Great Money Making Property in Great Location! FIVE Parking Spaces in the Front. 17X9X8H Built in Storage in Front Porch With Space to Store Lots of Essentials. Investors Welcome. NO Wholesalers.

Investor Tools

Property Icon
$276,000
Estimated Property Value
$0Estimated Mortgage Balance
$276,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,656 /month
Positive
Cash Flow Estimate:
$552 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$176/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$729
$49,889
2025
N/A
$81,883
$81,883
No

Tax History

Year
Tax Paid
Assessed Value
2024
$729
$49,889

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$276,000
100%
0%
$0/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: Little Elm

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