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$471,943

NAL Estimated Property Value

641 Lake Cove Dr, Little Elm, TX, 75068

$496,502 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,875 Sq Ft
price_per_sqft$165.22 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Microwave, Other
FlooringCarpet, Hardwood, Tile

Exterior

Lot Size7,200 sqft

Building Information

Year Built2020
Stories2
Garage Spaces2

Land Information

APNR729635
Lot Number9
SubdivisionLakeside Estates At Paloma Creek
Land UseResidential
Legal DescriptionLAKESIDE ESTATES AT PALOMA CREEK BLK B LOT 9
Census Tract020136
Assessed Land Value$93,600
Assessed Improvement Value$378,343
Assessment Year2025

About this property

Welcome to this like-new, west-facing home in Lakeside Estates at Paloma Creek, featuring board-and-batten detailing, 10-foot ceilings, and hardwood-style LVP floors in a bright, open-concept design. The main-level primary suite offers a bay window, spa-inspired ensuite with dual vanities, garden tub, separate shower, and walk-in closet. The family room, with vaulted ceilings and a 20-foot stone gas-log fireplace, connects seamlessly to a gourmet kitchen with an oversized granite island, premium stainless steel appliances, and ample cabinetry. Double-stacked windows flood the space with light, opening to an extended covered patio with ceiling fans, a brick fence, and no rear neighbors for privacy. Upstairs, two oversized bedrooms with walk-in closets share a Jack-and-Jill bath, joined by a laundry room, game room, and media room (or optional fourth bedroom). Additional highlights include an irrigation system, security system with Ring doorbell and keypad entry, fire and carbon monoxide protection, energy-efficient vinyl windows, tankless water heater, and radiant barrier for a cooler attic, making this elegant, efficient home ideal for modern living in a sought-after community.

Investor Tools

Property Icon
$471,943
Estimated Property Value
$294,149Estimated Mortgage Balance
$177,794Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$496,502
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$953/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,071
$471,943
2025
$93,600
$378,343
$471,943
Yes (2019)

Tax History

Year
Tax Paid
Assessed Value
2024
$9,071
$471,943

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pnc Bank Na
Conventional
$295,000
No
First
Mar 20, 2026
Apr 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$294,149
$177,794
37%
62%
$1,769/mo

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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641 Lake Cove Dr | Property Details | No Agent List