1view

$390,000

7601 Parade Dr, Little Elm, TX, 76227

Off Market

2 Beds

2 Bath

1,478 Sq Ft

Single Family Residence

$263.87 / sqft

Built in 2018

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal

FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size7,100 sqft

Building Information

Year Built2018

Stories1

Roof Type105

Garage Spaces2

Land Information

APNR743286

Lot Number13

SubdivisionDel Webb At Union Park Phase 1

Land UseResidential

Legal DescriptionDEL WEBB AT UNION PARK PHASE 1 BLK D LOT 13

Census Tract020123

Assessed Land Value$102,050

Assessed Improvement Value$270,190

Assessment Year2025

About this property

Back on the market! Amazing Premium Corner Lot with water view & greenbelt! Immaculately-Maintained TAFT floor plan with upgraded front door featuring security screen & extended covered security screened in patio. Gorgeous upgrades include plantation shutters, beautiful wood floors, tray ceilings, & decorative lighting. Spacious open concept gourmet kitchen boasts granite counters, custom white cabinets with soft close & pull out drawers, large island, gas range, large pantry, plenty of storage and counter space. Spacious primary suite features tray ceiling, dual sinks, large shower, & walk-in closet. Guests will enjoy the private guest bedroom & bath. 3rd Bedroom or Study with closet is great for extra space. Epoxy coated floors in garage. Custom screened in patio by Security Screens. BEAUTIFUL curb appeal with water view! Just a short walk to the Del Webb Union Park clubhouse! Del Webb at Union Park is an active lifestyle community for over 55.

Investor Tools

$372,240

Estimated Property Value

$358,121Estimated Mortgage Balance

$34,401Estimated Equity

4% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,340 /month

Positive

Cash Flow Estimate:

$780 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$842/month

$396/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,242

$372,240

2025

$102,050

$270,190

$372,240

Tax History

Year

Tax Paid

Assessed Value

2024

$8,242

$372,240

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Synergy One Lending

$358,121

Yes

First

Apr 28, 2023

May 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$337,839

$34,401

91%

$2,148/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,820/mo

$2,544/mo

+$276/mo

9.1%

Learn About the Market: Opportunity in Texas

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 This Area