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$426,000

905 Lost Mine Trl, Little Elm, TX, 75068

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,040 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$223.03 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size5,009 sqft

Building Information

Year Built2024
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR1044068
Lot Number2
SubdivisionThe Reserve At Spiritas Ranch
Land UseImproved Use Not Specified
Legal DescriptionTHE RESERVE AT SPIRITAS RANCH BLK C LOT 2
Census Tract020130
Assessed Land Value$64,120
Assessed Improvement Value$155,841
Assessment Year2025

About this property

MLS# 20700651 - Built by Pacesetter Homes - Ready Now! ~ North facing and soaring 2 story ceilings with tons of windows and iron railing make this home very spacious. Tons of light gray cabinets and Carrara Morro Quartz in the kitchen, with light wood flooring in the kitchen and family room. The Master bath has a custom oval mosaic tile mud pan and upgraded fixtures. The airy and open living area is perfect for relaxation, while the covered patio just outside offers the perfect space for outdoor gatherings. Upstairs, the three secondary bedrooms offer ample space for rest and relaxation, and the downstairs master suite. The Exterior has light brick and Waterford Lueders Gray stone with a reeded glass mahogany wood door. The home faces north and is conveniently located to the new HEB and Costco!!!

Investor Tools

Property Icon
$426,000
Estimated Property Value
$446,748Estimated Mortgage Balance
$0Estimated Equity
-5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,730 /month
Positive
Cash Flow Estimate:
$910 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$445/month
$900/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$219,961
2025
$64,120
$155,841
$219,961
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$219,961

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Fha
$446,748
Yes
First
Apr 30, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$438,211
N/A
0%
103%
$2,679/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,750/mo
$3,579/mo
+$171/mo
10.6%

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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905 Lost Mine Trl | Property Details | No Agent List