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$530,000

724 Patio St, Little Elm, TX, 76227

$581,784 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths3,346 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$158.4 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Granite, Hardwood, Laminate

Exterior

Lot Size8,019 sqft

Building Information

Year Built2017
Stories2
Roof Type105
Garage Spaces3

Land Information

APNR669760
Lot Number9
SubdivisionUnion Park Phase I-B
Land UseResidential
Legal DescriptionUNION PARK PHASE I-B BLK P LOT 9
Census Tract020125
Assessed Land Value$146,305
Assessed Improvement Value$444,979
Assessment Year2025

About this property

Welcome to this beautifully designed home featuring exceptional curb appeal with a three car front-facing garage. As you step inside, you're welcomed by a private home office and an elegant formal dining room, creating the perfect balance of functionality. The entry opens to a spacious living area and a chef's kitchen featuring a gas cooktop, a large center island with plenty of countertop space, abundant cabinetry, and a bright breakfast area. The thoughtfully designed first floor offers two bedrooms and two full bathrooms, including the luxurious primary suite and a secondary bedroom with a nearby full bath, making it ideal for guests. Upstairs, you'll find a second living area, two additional spacious bedrooms, a full bathroom with separate vanities for added convenience, and an expansive media room that's perfect for movie nights or game days. Step outside to enjoy the covered patio and generously sized backyard, offering plenty of space to relax, entertain, or play. Best of all, this home is just a short walk from the community pool, making it easy to enjoy the neighborhood amenities.

Investor Tools

Property Icon
$591,284
Estimated Property Value
$367,716Estimated Mortgage Balance
$235,624Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$581,784
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,548 /month
Positive
Cash Flow Estimate:
$1,183 /month

Interested in this property?

Samah Sayfo

DHS Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,466/month
$752/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,640
$591,284
2025
$146,305
$444,979
$591,284
No

Tax History

Year
Tax Paid
Assessed Value
2025
$14,640
$591,284

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Neighborhood Mtg Acceptance Co
Fha
$367,716
Yes
First
Aug 14, 2017
Sep 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$355,660
$235,624
39%
60%
$2,554/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,680/mo
$3,306/mo
+$374/mo
7.5%

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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724 Patio St | Property Details | No Agent List