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$333,752

616 Fossil Creek Dr, Little Elm, TX, 75068

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,693 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$208.51 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesGas Grill, Rain Gutters
Lot Size5,284 sqft

Building Information

Year Built2017
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR684996
Lot Number46
SubdivisionPaloma Creek South Phase 9d-2
Land UseResidential
Legal DescriptionPALOMA CREEK SOUTH PHASE 9D-2 BLK 18 LOT 46
Census Tract020135
Assessed Land Value$68,666
Assessed Improvement Value$282,830
Assessment Year2025

About this property

Welcome to this pristine and beautifully maintained upgraded 3 bedroom home with 2 bathrooms. Home has a new class 3 roof and gutters . Step inside and discover a gorgeous open kitchen with an open floorplan that offers a spacious living room that serves as the heart of the home, cozy fireplace ideal for chilly evenings. Each bedroom provides ample space and privacy with this thoughtfully designed layout. Featuring an abundant of natural light, this home has a perfect blend of comfort and modern elegance . This home has a warm and inviting atmosphere wheather it be hosting family dinners in the dining room or relaxing outside in your enclosed patio with screens so no bugs. After a long day enjoy your large hot tub , the whole back yard has synthetic grass and landscaped with plants so no mowing. LOW MAINTENANCE Outside, enjoy the privacy of a fully fenced in back yard ideal for the children and family pets. Plan on having family gathering on the extended patio creating a perfect outdoor retreat for making memories. This darling home is a fantastic opportunity to invest in a thriving community that is just outside Dallas. Community offers 4 pools to choose from clubhouse with exercise room. Don’t miss your chance to make this gorgeous home yours! ANY QUESTIONS PLEASE CONTACT LISTING AGENT

Investor Tools

Property Icon
$333,752
Estimated Property Value
$250,400Estimated Mortgage Balance
$85,167Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,118 /month
Positive
Cash Flow Estimate:
$706 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$566/month
$260/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,129
$333,752
2025
$68,666
$282,830
$351,496
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,129
$333,752

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Paramount Residential Mortgage Group
Conventional
$250,400
No
First
Dec 3, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$248,585
$85,167
25%
74%
$1,502/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$1,762/mo
+$1,108/mo
10.3%

Learn About the Market: Opportunity in Texas

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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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616 Fossil Creek Dr | Property Details | No Agent List