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$550,935

716 Pier St, Little Elm, TX, 76227

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,847 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$210.4 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Double Oven
FlooringCeramic Tile, Simulated Wood

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size7,723 sqft

Building Information

Year Built2016
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR669770
Lot Number6
SubdivisionUnion Park Phase I-B
Land UseResidential
Legal DescriptionUNION PARK PHASE I-B BLK S LOT 6
Census Tract020125
Assessed Land Value$144,820
Assessed Improvement Value$406,115
Assessment Year2025

About this property

GORGEOUS, SINGLE STORY, 4BED+3BATH & PRIVATE STUDY WITH GREAT OPEN FLOOR PLAN IN RESORT STYLE COMMUNITY OF UNION PARK! IMPRESSIVE CURB APPEAL WITH BEAUTIFUL IRON DOOR OPENS TO LUXURIOUS WOOD STYLE CERAMIC FLOORING THROUGHOUT. LARGE ENTERTAINER'S KITCHEN WITH OVERSIZED CALIFORNIA ISLAND WITH DESIGNER PENDANT LIGHTING, SS APPLIANCES, 5 BURNER COOKTOP WITH VENT HOOD & POT FILLER AND DOUBLE OVENS. SEPARATE EAT-IN DINING COVE HAS BUILT IN BUTLER'S PANTRY WITH CUSTOM CABINETS & GRANITE COUNTER TOPS. SPACIOUS FAMILY ROOM WITH VAULTED CEILINGS AND BEAUTIFUL STONE FIRE PLACE. PRIVATE STUDY WITH FRENCH DOORS. SPLIT BEDROOMS FEATURE 3 LARGE SECONDARY BEDS WITH 10 FT. CEILINGS, J&J BATH AND FULL GUEST BATH. ENJOY RELAXING EVENINGS ON PRIVATE COVERED PATIO OVERLOOKING LARGE GRASSY BACKYARD. PLAY SET & STORAGE SHED. COMMUNITY OF UNION PARK IS LOADED WITH AMENITIES FEATURING POOLS, SPLASH PAD, FITNESS PARK, PICKLE BALL & SAND VOLLEYBALL, FISHING PIER & MORE!

Investor Tools

Property Icon
$550,935
Estimated Property Value
$370,000Estimated Mortgage Balance
$208,011Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,594 /month
Positive
Cash Flow Estimate:
$1,198 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,215/month
$752/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,825
$550,935
2025
$144,820
$406,115
$550,935
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,825
$550,935

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$370,000
No
First
Jun 21, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$342,924
$208,011
37%
62%
$2,219/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,820/mo
$2,971/mo
$-151/mo
6.1%

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.

Explore Texas Explore This Area
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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716 Pier St | Property Details | No Agent List