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$574,000

7001 Spring Park Dr, Little Elm, TX, 76227

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,213 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$180.52 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Washer
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size6,970 sqft

Building Information

Year Built2021
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR724791
Lot Number1
SubdivisionUnion Park Phase 2d
Land UseResidential
Legal DescriptionUNION PARK PHASE 2D BLK NN LOT 1
Census Tract020124
Assessed Land Value$139,392
Assessed Improvement Value$426,608
Assessment Year2025

About this property

$10K Buyer's Incentive towards interest rate Buy down or Closing Costs! What a deal! WELCOME to a timeless classic brought elegantly into stunning contemporary standards. This amazing 5BR 4full baths corner lot home popularized by Highland Homes Waverley floorplan delivering a showcase of family friendly living in this coveted & award-winning community of UNION PARK. High ceiling foyer warmly greets you as enter into a bright and open family room w lots of natural light featuring wood style flooring, fireplace w wood mantle. Prepare to indulge in decadent dinners w family and friends in the gourmet kitchen w SS appliances. Entertaining will be wholesome! Primary suite plus additional 2nd BR w full bath on main floor. You'll love & enjoy the huge game room w wrought iron railings overlooking the family room.3 generous sized bedrooms up w full baths upstairs. There's a loft-bonus area adjacent to the game room perfect study or hobby room. Owner's primary suite has ensuite baths featuring separate shower and Hollywood tub, large double vanities and large WIC. Home office w French door perfect for work from home. Barely lived in, vacant, clean and move in ready. Amenities Galore! You'll love living here in this resort style community- one of the most beautiful master planned communities w entertainment activities throughout the year, On-site Elem school. Bike-walk to Middle school. Front yard maintenance, security system included through HOA. Don't miss this jewel!

Investor Tools

Property Icon
$574,000
Estimated Property Value
$0Estimated Mortgage Balance
$574,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,480 /month
Positive
Cash Flow Estimate:
$1,160 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,188/month
$753/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,385
$566,000
2025
$139,392
$426,608
$566,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,385
$566,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$574,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,680/mo
$753/mo
+$2,927/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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