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$367,269

701 Creekside Drive, Little Elm, TX, 75068

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,326 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$112.64 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size5,249 sqft

Building Information

Year Built2006
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR294877
Lot Number12
SubdivisionPaloma Creek South Ph 5a Tract 2
Land UseResidential
Legal DescriptionPALOMA CREEK SOUTH PH 5A TRACT 2 BLK 9 LOT 12
Census Tract020135
Assessed Land Value$68,250
Assessed Improvement Value$299,019
Assessment Year2025

About this property

JUST REDUCED, MOTIVATED & OFFERING 1K CARPET ALLOWANCE FOR 2-story home, WITH STYLE & CHARM FULL OF UPDATES YOU WILL LOVE!! Open great room down with liv & kit combo spaces. Gleaming hrdwd flrs cover the downstairs & large windows across back bring in the natural light! Kit has been updated with painted cabinetry; granite c-tops, subway tile bcksplsh, white farm sink, & appl. Flexible rm down with French doors can be a 4th bdrm, study or whatever you need! Proceed up to a spacious game rm. Secondary bdrms upstairs are generously sized with WIC. Master nestled back on 2nd floor too! Walkout back & enjoy outdoor living with covered patios, large grassy space; & shed for storage! Home has been pre-inspected!

Investor Tools

Property Icon
$367,269
Estimated Property Value
$0Estimated Mortgage Balance
$123,849Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,204 /month
Positive
Cash Flow Estimate:
$735 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$648/month
$165/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,941
$367,269
2025
$68,250
$299,019
$367,269
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,941
$367,269

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$267,067
No
First
Sep 14, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$243,420
$123,849
33%
66%
$1,602/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,750/mo
$1,767/mo
+$1,983/mo
12.3%

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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701 Creekside Drive | Property Details | No Agent List