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$357,987

NAL Estimated Property Value

7609 Parade Dr, Little Elm, TX, 76227

$374,953 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,548 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$269.7 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range
FlooringCeramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size4,704 sqft

Building Information

Year Built2018
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR743288
Lot Number15
SubdivisionDel Webb At Union Park Phase 1
Land UseResidential
Legal DescriptionDEL WEBB AT UNION PARK PHASE 1 BLK D LOT 15
Census Tract020123
Assessed Land Value$79,976
Assessed Improvement Value$278,011
Assessment Year2025

About this property

A MUST SEE HIGHLY DESIRED STEEL CREEK PLAN WITH WATER VIEWS AND ALL THE UPGRADES! Not only does this home include structural builder upgrades with the sunroom and screened patio it has additional details like plantation shutters and wood-like tile throughout the home. The kitchen has upgraded countertop, sink, faucet, raised dishwasher, soft close hinges, under cabinet lights and even pull out shelves in all lower cabinets - they thought of everything to make life simpler. Enjoy peaceful water views from living spaces and even in the master bedroom. The master suite has dual vanities plus oversize shower with bench. The second bedroom is perfect for a tv room, office, guest room or all 3 with the perfect arrangement of space-saving built-in shelves with desk. Check out this home and its long upgrade list - don't miss out on having it all. You can also get to enjoy all the outdoor parks, activities and amenities of living in Union Park plus exclusive Del Webb village amenities too.

Investor Tools

Property Icon
$357,987
Estimated Property Value
$498,908Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$374,953
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,505 /month
Positive
Cash Flow Estimate:
$835 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$933/month
$396/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,405
$357,987
2025
$79,976
$278,011
$357,987
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,405
$357,987

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homewood Mortgage Llc
Conventional
$373,506
No
First
Aug 10, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$498,908
N/A
0%
139%
$3,140/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,240/mo
$3,536/mo
$-1,296/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.

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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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7609 Parade Dr | Property Details | No Agent List