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$764,000

NAL Estimated Property Value

6516 Shoreline Drive, Little Elm, TX, 75068

Off MarketInfo
Beds6 Beds
Baths4 Bath
Baths3,049 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$114.76 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Gas Cooktop
FlooringCarpet, Slate, Wood

Exterior

Lot Size1.01 acres

Building Information

Year Built2002
Stories2
Roof Type105
Garage Spaces3

Land Information

APNR182699
Lot Number122
SubdivisionSunrise Bay At Lake Lewisville
Land UseResidential
Legal DescriptionSUNRISE BAY AT LAKE LEWISVILLE BLK 1 LOT 122
Census Tract020115
Assessed Land Value$263,976
Assessed Improvement Value$371,024
Assessment Year2025

About this property

Over 3000sf 6 bedroom 3car garage with tons of potential. Home features slate and hardwood flooring downstairs, Raised ceilings and a rounded staircase with volume ceilings, study and formal dining. Kitchen boasts gas cooktop, lots of cabinets, walk in pantry and island. Breakfast shares double sided fireplace to family room which both overlook treed back yard area. Master suite shows style with jetted soaking tub, tru walk in shower, his and hers vanities, and a huge walk in closet w secret room. Upstairs are 5 more bedrooms 2 of which lead to an oversized covered balcony. This home will need a makeover but all the potential is there and priced to reflect. Home sold as is.

Investor Tools

Property Icon
$764,000
Estimated Property Value
$249,430Estimated Mortgage Balance
$514,570Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,584 /month
Positive
Cash Flow Estimate:
$1,528 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,154/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,029
$628,099
2025
$263,976
$371,024
$635,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,029
$628,099

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Mortgage Advisers Inc
Conventional
$291,125
No
First
Mar 22, 2019
Apr 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$249,430
$514,570
67%
33%
$1,746/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,750/mo
$1,996/mo
+$1,754/mo
5.9%

City: Little Elm

6516 Shoreline Drive | Property Details | No Agent List