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Days62Days on Market
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$295,000

$315,000

815 Horizon Ridge Cir, Little Elm, TX, 75068

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,526 Sq Ft
price_per_sqft$193.32 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Convection Oven, Refrigerator, Warming Drawer
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard, Garden
Lot Size5,445 sqft

Building Information

Year Built2008
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR294793
Lot Number2
SubdivisionPaloma Creek South Ph 5a Tract 1
Land UseResidential
Legal DescriptionPALOMA CREEK SOUTH PH 5A TRACT 1 BLK 2 LOT 2
Census Tract020137
Assessed Land Value$98,028
Assessed Improvement Value$219,717
Assessment Year2025

About this property

Welcome to this beautifully maintained, move-in-ready home in the highly sought-after Paloma Creek community! From the moment you arrive, you'll appreciate the fresh exterior paint and new roof (2024), offering both curb appeal and peace of mind. Inside, abundant natural light fills the open-concept floor plan, highlighting wood and luxury vinyl plank flooring, updated lighting, and inviting living spaces designed for everyday comfort and entertaining. The spacious kitchen opens seamlessly to the living and dining areas, creating the ideal space for everyday living and entertaining. Complete with stainless steel appliances, gas cooking, and generous prep space, it's designed to keep everyone connected. The private primary suite offers a relaxing retreat, while the flexible secondary bedrooms provide the perfect space for family, guests, or a home office. Step outside to enjoy the beautifully maintained backyard with a garden and full sprinkler system, making outdoor living easy. Paloma Creek residents enjoy exceptional amenities, including resort-style pools, fitness centers, parks, playgrounds, scenic walking trails, and community clubhouses that make it easy to enjoy an active lifestyle. Conveniently located near shopping, dining, Lake Lewisville, PGA Frisco, Universal Kids Resort, and major commuter routes, this home offers the perfect blend of comfort and convenience. If you've been searching for a home that's been lovingly cared for and is truly move-in ready, this is one you won't want to miss.

Investor Tools

$84,989Estimated Mortgage Balance
$233,046Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,906 /month
Positive
Cash Flow Estimate:
$635 /month

Interested in this property?

Kimberly Reding

MAGNOLIA REALTY

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$512/month
$275/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,555
$317,745
2025
$98,028
$219,717
$317,745
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,555
$317,745

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bank
Conventional
$120,000
No
First
Jul 12, 2013
Aug 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$84,989
$232,756
73%
27%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$275/mo
+$2,595/mo
10.8%

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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815 Horizon Ridge Cir | Property Details | No Agent List