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Days49Days on Market
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$395,000

$405,000

7620 Parade Dr, Little Elm, TX, 76227

On MarketInfo
Price DropInfo
Beds2 Beds
Baths2 Bath
Baths1,416 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$278.95 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Cooktop, Gas Range, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size4,704 sqft

Building Information

Year Built2019
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR743376
Lot Number29
SubdivisionDel Webb At Union Park Phase 1
Land UseResidential
Legal DescriptionDEL WEBB AT UNION PARK PHASE 1 BLK C LOT 29
Census Tract020123
Assessed Land Value$79,976
Assessed Improvement Value$265,796
Assessment Year2025

About this property

MOTIVATED SELLER!! Welcome to easy living in this pristine home located in a desirable 55+ community, thoughtfully designed with comfort, efficiency, and style in mind. This beautifully maintained 2-bedroom, 2-bath home offers a spacious split-bedroom floor plan, providing privacy for guests and everyday functionality. The versatile layout includes a charming breakfast nook plus an additional dining space that can easily serve as a home office or flex room. The inviting living spaces flow seamlessly, while the primary suite stands out with a custom-designed master closet far beyond builder-grade finishes. Step outside to enjoy the covered back patio featuring a custom electric shade, creating the perfect space to relax year-round. This home is loaded with valuable upgrades, including owned solar panels keeping the electric bill at approximately $70 per month, a sprinkler system for easy lawn maintenance, and custom cabinetry in the garage for exceptional storage and organization. Located in an active 55+ community, this move-in-ready home offers low-maintenance living with thoughtful upgrades throughout. A rare opportunity to own a truly special home that combines comfort, efficiency, and quality craftsmanship. Community pool, close to shopping and restaurants. *All things deemed in this listing to be verified by buyer and buyers agent.*

Investor Tools

Property Icon
$407,000
Estimated Property Value
$0Estimated Mortgage Balance
$407,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,442 /month
Positive
Cash Flow Estimate:
$814 /month

Interested in this property?

Angie Graham

Coldwell Banker Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$566/month
$360/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,759
$345,772
2025
$79,976
$265,796
$345,772
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,759
$345,772

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$405,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,820/mo
$360/mo
+$2,460/mo
8.3%

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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7620 Parade Dr | Property Details | No Agent List