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$740,000

7241 Switchgrass Street, Little Elm, TX, 76227

On MarketInfo
Beds5 Beds
Baths5 Bath
Baths3,446 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$214.74 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4.5Bathrooms Full 4.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal

Exterior

Lot Size11,543 sqft

Building Information

Year Built2024
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR1046965
Lot Number51
SubdivisionUnion Park Phase 8
Land UseImproved Use Not Specified
Legal DescriptionUNION PARK PHASE 8 BLK A LOT 51
Census Tract020123
Assessed Land Value$131,134
Assessed Improvement Value$55,395
Assessment Year2025

About this property

Welcome to 7241 Switchgrass St — a stunning 2024-built home designed for modern living, comfort, and connection. This spacious 5-bedroom, 4.5-bath residence offers an exceptional open-concept floor plan with tall ceilings and abundant natural light, creating a bright and inviting atmosphere throughout. The heart of the home seamlessly blends the kitchen, dining, and living areas — perfect for entertaining guests or enjoying everyday life. The private owner’s suite and well-appointed secondary bedrooms provide flexibility for families of all sizes. Upstairs is thoughtfully designed for spending quality time, featuring a spacious gameroom and dedicated media room — ideal for movie nights, game days, and creating lasting memories. Step outside to a covered patio overlooking a peaceful greenbelt, offering added privacy and scenic views with no rear neighbors. Whether you’re enjoying morning coffee or hosting a weekend barbecue, this backyard setting is a true retreat. Additional highlights include: HomeSmart® features for modern convenience, 3-bay garage with ample storage space, Built in 2024 with contemporary finishes and design. Located in a vibrant community, residents enjoy access to modern playgrounds, a kids’ splash pad, open green spaces, and a resort-style swimming pool — providing recreation and relaxation just steps from home. This home blends luxury, technology, and community living in one exceptional package. Don’t miss your opportunity to make it yours.

Investor Tools

Property Icon
$578,000
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,440 /month
Positive
Cash Flow Estimate:
$1,480 /month

Interested in this property?

Darren Gobin

EXP REALTY

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$241/month
$1,505/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$186,529
2025
$131,134
$55,395
$186,529
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$186,529

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Tri Pointe Connect Llc
Conventional
$704,742
No
First
May 28, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,384,664
N/A
0%
240%
$8,452/mo

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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