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$420,000

805 Lake Cypress Ln, Little Elm, TX, 75068

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,709 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.04 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size9,535 sqft

Building Information

Year Built2017
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR695061
Lot Number17
SubdivisionPaloma Creek Lakeview Phase 2-D1
Land UseResidential
Legal DescriptionPALOMA CREEK LAKEVIEW PHASE 2-D1 BLK O LOT 17
Census Tract020136
Assessed Land Value$104,940
Assessed Improvement Value$376,398
Assessment Year2024

About this property

Discover the best lot in the neighborhood—just steps from the lake and scenic walking trails! Say goodbye to cookie-cutter living and hello to a home filled with thoughtful upgrades and stylish touches. Tucked away in the most charming cul-de-sac, this oversized lot gives you space to spread out and truly enjoy life. Inside, sunlight pours through the windows, highlighting the beautiful light fixtures and the airy, open layout. The spacious kitchen and dining area are perfect for hosting friends and family, complete with a stainless gas cooktop for all your culinary adventures. Unwind in the generous primary suite, your own personal retreat featuring a separate shower and relaxing garden tub. Head upstairs to find a large game room with newer carpet—ideal for movie nights, hobbies, or playtime. With three additional bedrooms and two full bathrooms, everyone gets the comfort and privacy they need. This home has everything you’ve been looking for—come see it for yourself!

Investor Tools

$0Estimated Mortgage Balance
$472,623Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,836 /month
Positive
Cash Flow Estimate:
$945 /month

Interested in this property?

Elizabeth Hardwick

RE/MAX Four Corners

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$855/month
$185/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,899
$472,623
2024
$104,940
$376,398
$481,338
No

Tax History

Year
Tax Paid
Assessed Value
2023
$7,899
$472,623

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$472,623
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,750/mo
$185/mo
+$3,565/mo
9.5%

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.

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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805 Lake Cypress Ln | Property Details | No Agent List