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$260,000

616 Mustang Court, Little Elm, TX, 75068

Off MarketInfo
LeaseInfo
Beds2 Beds
Baths2 Bath
Baths1,040 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.68 / sqft
Year BuiltBuilt in 2000

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Refrigerator

Exterior

Lot Size5,998 sqft

Building Information

Year Built2000
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR216715
Lot Number15
SubdivisionHillside South
Land UseResidential
Legal DescriptionHILLSIDE SOUTH BLK A LOT 15
Census Tract020126
Assessed Land Value$66,000
Assessed Improvement Value$197,996
Assessment Year2025

About this property

AVAILABLE FOR MOVE IN NOW. LEASE PRICE INCLUDE REFRIGERATOR, WASHER AND DRYER. Sunroom with amazing hot tub. Only minutes' drive from Lake Lewisville. Cozy little home with open floor plan. Decorative lighting fixtures. Recent roof and AC system. No carpet. Laminate floor in family room and bedrooms and tiled floor in kitchen and bathrooms. Spacious family and nook overlook the back yard. Master bathroom features garden tub and separate shower. Nice yard with storage shed is great for outdoor entertainment. Flexible credit check with very strong income at least 4 times of the rent.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$363/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,051
$238,923
2025
$66,000
$197,996
$263,996
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,051
$238,923

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$260,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$400/mo
+$2,470/mo
13.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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.

Explore Texas Explore This Area
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 Mustang Court | Property Details | No Agent List