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$383,000

NAL Estimated Property Value

708 Meandering Trail, Little Elm, TX, 75068

$480,092 ARVInfo
Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,866 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$106.42 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size5,258 sqft

Building Information

Year Built2007
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR294760
Lot Number26
SubdivisionPaloma Creek South Ph 5a Tract 1
Land UseResidential
Legal DescriptionPALOMA CREEK SOUTH PH 5A TRACT 1 BLK 1 LOT 26
Census Tract020137
Assessed Land Value$94,608
Assessed Improvement Value$288,392
Assessment Year2025

About this property

As you walk into this beautiful home you are greeted with a spacious two-story entryway and a private office. You will love the open floorplan that features a massive family room that opens to an eat-in kitchen featuring upgraded cabinets and backsplash, modern light fixtures and stainless appliances. With tons of storage and granite counter top space, this amazing kitchen is the centerpiece of the entire home! The 1st floor master bedroom is secluded and oversized. Upstairs features a game room surrounded by 3 large traditional bedrooms with walk-in closets. The 4th bedroom is much larger and could easily double as a media, 2nd office, or flex space. This floorpan is thoughtfully designed with so much storage.

Investor Tools

Property Icon
$383,000
Estimated Property Value
$0Estimated Mortgage Balance
$383,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$480,091
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,298 /month
Positive
Cash Flow Estimate:
$766 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$815/month
$185/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,868
$383,000
2025
$94,608
$288,392
$383,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,868
$383,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$383,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,750/mo
$185/mo
+$3,565/mo
11.7%

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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708 Meandering Trail | Property Details | No Agent List