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$279,000

620 Cypress Hill Dr, Little Elm, TX, 75068

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,851 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.73 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Lot Size5,663 sqft

Building Information

Year Built2013
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR564443
Lot Number44
SubdivisionFrisco Hills Phase 4a
Land UseResidential
Legal DescriptionFRISCO HILLS PHASE 4A BLK 19 LOT 44
Census Tract020134
Assessed Land Value$135,907
Assessed Improvement Value$309,093
Assessment Year2025

About this property

WOW! Priced BELOW MARKET! What a Deal! Walk to Miller Elementary a Frisco ISD school! Fabulous Frisco Hills Subdivision. Perfect Home for First Time Buyers, Downsizing or Individual! Bright and Open Layout, One Owner home, Loads of Extras, Newer Carpet, Granite Counter Tops, decorative lighting, neutral colors. Front Living room can be dining room or office. Exceptional Quality of Life in Little Elm, walking, hiking and biking trails, access to Lake Lewisville, Hydrous Wake Board Park, Lakefront Developments! Just around the corner from first class shopping, entertainment! Perfect for Sports Active Families enjoying the Entertainment lifestyle and close to the PGA golf course coming soon!

Investor Tools

Property Icon
$445,000
Estimated Property Value
$198,000Estimated Mortgage Balance
$273,105Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,670 /month
Positive
Cash Flow Estimate:
$890 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$445/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,120
$445,000
2025
$135,907
$309,093
$445,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,120
$445,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$198,000
No
First
Sep 13, 2019
Oct 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$171,895
$273,105
61%
39%
$1,188/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$1,638/mo
+$1,232/mo
7.7%

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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620 Cypress Hill Dr | Property Details | No Agent List