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$591,800

NAL Estimated Property Value

516 Keel Lane, Little Elm, TX, 75068

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,678 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$116.64 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size7,767 sqft

Building Information

Year Built2015
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR659149
Lot Number16
SubdivisionBrentwood Phase One
Land UseResidential
Legal DescriptionBRENTWOOD PHASE ONE BLK B LOT 16
Census Tract020127
Assessed Land Value$120,213
Assessed Improvement Value$572,244
Assessment Year2025

About this property

Spacious Updated Home Situated in Friscos school Zone with Handscraped hardwood flooring, a Huge back yard for the kids to play in. You will love the vaulted ceilings as you enter into the front of the home, with a large formal dining room for entertaining and a spacious gourmet kitchen with extra cabinets and granite countertops, under cabinet lighting and stainless steel appliances with a gas cooktop. Downstairs you will also find a personal work area to pay your bills or have the kids do their homework and a Large Master suite. Upstairs are 3 more bedrooms, a Game room, and a Media room for everyone to enjoy.large back yard with a cvrd patio, gas stub for a grill and almost a qrtr acre corner lot to enjoy.

Investor Tools

Property Icon
$591,800
Estimated Property Value
$328,049Estimated Mortgage Balance
$263,751Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,551 /month
Positive
Cash Flow Estimate:
$1,184 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$581/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,013
$591,800
2025
$120,213
$572,244
$692,457
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,013
$591,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$370,000
No
First
Jul 22, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$328,049
$263,751
44%
55%
$2,219/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,750/mo
$2,339/mo
+$1,411/mo
7.6%

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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516 Keel Lane | Property Details | No Agent List