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$498,036

NAL Estimated Property Value

709 Patio Street, Little Elm, TX, 76227

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,424 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$175.33 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator, Tankless Water Heater, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size10,241 sqft

Building Information

Year Built2016
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR669767
Lot Number13
SubdivisionUnion Park Phase I-B
Land UseResidential
Legal DescriptionUNION PARK PHASE I-B BLK S LOT 13
Census Tract020125
Assessed Land Value$157,395
Assessed Improvement Value$340,641
Assessment Year2025

About this property

**Multiple offer deadline 12-19, 12pm**Meticulously maintained home on .23 acre lot in the heart of beautiful Union Park. Loads of builder upgrades and custom features throughout with wood like ceramic tiled floors, plantation shutters and custom lighting. Kitchen has custom cabinets, granite c-tops, stainless appliances, large island, double ovens, 5 burner gas cooktop, and tons of storage space! Spacious, open floor plan features elegant dining area, private office, and split bedrooms. Private master retreat with spa-like bath. Huge pool-sized backyard with covered patio and pergola. Union Park's community features; pools, parks, playgrounds, trails, dog park, fitness areas, front yard maintenance!

Investor Tools

Property Icon
$498,036
Estimated Property Value
$344,466Estimated Mortgage Balance
$153,570Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,988 /month
Positive
Cash Flow Estimate:
$996 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,126/month
$104/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,017
$498,036
2025
$157,395
$340,641
$498,036
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,017
$498,036

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Home Mortgage Llc
Conventional
$374,400
No
First
Feb 14, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$344,466
$153,570
30%
69%
$2,245/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,820/mo
$2,349/mo
+$471/mo
6.8%

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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709 Patio Street | Property Details | No Agent List