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$370,124

NAL Estimated Property Value

653 Alcove Dr, Little Elm, TX, 75068

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,072 Sq Ft
price_per_sqft$166.51 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOther

Exterior

Lot Size6,164 sqft

Building Information

Year Built2002
Stories2
Roof Type105
Garage Spaces1

Land Information

APNR233063
Lot Number15
SubdivisionLakeside Ii Ph 3
Land UseResidential
Legal DescriptionLAKESIDE II PH 3 BLK D LOT 15
Census Tract020126
Assessed Land Value$147,888
Assessed Improvement Value$222,236
Assessment Year2025

About this property

RUNNN don't walk! This property qualifies for a Conventional CRA Loan 0% or 3% Down Payment based on credit! No PMI! Come to closing with nothing! Beautiful Lake View 2 story Home, wood floors, 2 living areas, Formal Dining and large eat-in kitchen with new cabinets. Large backyard with stone patio and 5 acres of non-buildable land behind house right up to Lake Lewisville. Great family neighborhood, walking distance to schools and marina. No HOA.

Investor Tools

Property Icon
$370,124
Estimated Property Value
$299,825Estimated Mortgage Balance
$70,299Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,221 /month
Positive
Cash Flow Estimate:
$740 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$830/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,110
$370,124
2025
$147,888
$222,236
$370,124
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,110
$370,124

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$310,500
No
First
Jun 12, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$299,825
$70,299
18%
81%
$1,862/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,750/mo
$1,862/mo
+$1,888/mo
12.2%

City: Little Elm

653 Alcove Dr | Property Details | No Agent List