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$323,000

NAL Estimated Property Value

505 Port Arthur Dr, Little Elm, TX, 75068

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,729 Sq Ft
price_per_sqft$132.97 / sqft
Year BuiltBuilt in 2001

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, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCeramic Tile

Exterior

Lot Size5,981 sqft

Building Information

Year Built2001
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR234066
Lot Number45
SubdivisionMariner Pointe Ph Ii
Land UseResidential
Legal DescriptionMARINER POINTE PH II BLK D LOT 45
Census Tract020126
Assessed Land Value$65,802
Assessed Improvement Value$256,285
Assessment Year2025

About this property

Beautifully redone, Open floorplan with raised ceilings, LTV wood plank floors. 3 bedroom w office or could use as 4th bedroom. Kitchen overlooks family room, Stainless dishwasher, granite ctops w lots of storage and smooth top oven. Master split off from additional bedrooms access. Boasts raised ceilings, Granite tops, separate shower and soaking tub and big walk in closet. Modern fresh custom paint colors. Good size secondary bedrooms. Large backyard that's great for get togethers

Investor Tools

Property Icon
$323,000
Estimated Property Value
$207,784Estimated Mortgage Balance
$115,216Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,938 /month
Positive
Cash Flow Estimate:
$646 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$573/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,265
$322,087
2025
$65,802
$256,285
$322,087
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,265
$322,087

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plaza Home Mortgage Inc
Fha
$232,000
Yes
First
Dec 2, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$207,784
$115,216
35%
64%
$1,391/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,750/mo
$1,391/mo
+$2,359/mo
13.9%

City: Little Elm

505 Port Arthur Dr | Property Details | No Agent List