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$465,286

NAL Estimated Property Value

7401 Willow Thorne Dr, Little Elm, TX, 76227

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,333 Sq Ft
price_per_sqft$203.56 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size8,059 sqft

Building Information

Year Built2020
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR745380
Lot Number10
SubdivisionUnion Park Phase 3a-2
Land UseResidential
Legal DescriptionUNION PARK PHASE 3A-2 BLK C LOT 10
Census Tract020124
Assessed Land Value$146,493
Assessed Improvement Value$318,793
Assessment Year2025

About this property

Located in the coveted community of Union Park this Beautiful Corner lot home is located within walking distance of the community pool, Park, fitness center and Elementary School. A large foyer with a wall of windows and an office with wood look ceramic tile flooring greet you as you enter the home. The kitchen and breakfast rooms are open to the living area. The kitchen features granite countertops, designer backsplash, Stainless steel appliances, eat-in kitchen and an island. A spacious living room with a stone fireplace overlooks the covered back patio and large backyard. The primary bedroom and bathroom are located at the back of the house providing privacy for the owners. The downstairs is completed with two bedrooms, a full bathroom and a laundry room. Upstairs you will find a built in work station, a game room, a bedroom and another full bathroom. The game room overlooks the downstairs. Relax with morning coffee or enjoy the sunsets from the covered front porch. The back patio is perfect for grilling out or just enjoying the outdoors. The HOA benefits include front yard maintenance, burglar alarm system, a food truck Park, a dog Park, a Clubhouse, pools, a splashpad and a catch and release fishing pond! This home is waiting for you!!! Come see us today!

Investor Tools

Property Icon
$465,286
Estimated Property Value
$329,378Estimated Mortgage Balance
$135,908Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,849 /month
Positive
Cash Flow Estimate:
$950 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,046/month
$118/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,220
$465,286
2025
$146,493
$318,793
$465,286
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,220
$465,286

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$358,000
No
First
Feb 23, 2022
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$329,378
$135,908
29%
71%
$2,147/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,680/mo
$2,265/mo
+$1,415/mo
9.5%

Learn About the Market: Opportunity in Texas

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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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7401 Willow Thorne Dr | Property Details | No Agent List