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$373,081

NAL Estimated Property Value

7004 Paddock Ln, Little Elm, TX, 76227

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,584 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$220.96 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size4,661 sqft

Building Information

Year Built2021
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR962406
Lot Number32
SubdivisionUnion Park Phase 4b
Land UseResidential
Legal DescriptionUNION PARK PHASE 4B BLK H LOT 32
Census Tract020124
Assessed Land Value$93,218
Assessed Improvement Value$279,863
Assessment Year2025

About this property

Welcome to 7004 Paddock Lane, a beautifully maintained residence nestled in the vibrant community of Little Elm. This inviting home features an open floor plan, perfect for both entertaining and everyday living. As you step inside, you’re greeted by a spacious living area filled with natural light, showcasing stylish finishes and modern fixtures. The kitchen boasts ample cabinetry, a large island, and modern appliances, making it a chef’s delight. The cozy master suite is a true retreat, complete with an ensuite bathroom featuring dual vanities, a soaking tub, and a separate shower. Additional bedrooms offer plenty of space for family or guests. Step outside to your private backyard oasis, ideal for summer barbecues or relaxing evenings under the stars. The home is conveniently located near local parks, schools, and shopping, with easy access to major highways. Don’t miss your chance to own this charming home in a thriving neighborhood!

Investor Tools

Property Icon
$373,081
Estimated Property Value
$262,879Estimated Mortgage Balance
$110,202Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,238 /month
Positive
Cash Flow Estimate:
$746 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$791/month
$710/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,629
$373,081
2025
$93,218
$279,863
$373,081
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,629
$373,081

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$268,000
No
First
Apr 21, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$262,879
$110,202
29%
70%
$1,607/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,820/mo
$2,317/mo
+$503/mo
9.1%

City: Little Elm

7004 Paddock Ln | Property Details | No Agent List