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$356,157

NAL Estimated Property Value

908 Lake Sierra Way, Little Elm, TX, 75068

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,686 Sq Ft
price_per_sqft$192.17 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Ice Maker, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Lot Size5,937 sqft

Building Information

Year Built2017
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR695045
Lot Number35
SubdivisionPaloma Creek Lakeview Phase 2-D1
Land UseResidential
Legal DescriptionPALOMA CREEK LAKEVIEW PHASE 2-D1 BLK U LOT 35
Census Tract020136
Assessed Land Value$89,070
Assessed Improvement Value$267,087
Assessment Year2025

About this property

Welcome to this lovely 3 bedroom, 2 bath home in the highly sought-after neighborhood of Paloma Creek! Step into a spacious kitchen and living area that invite you to host family and friends with lots of natural light, creating an inviting atmosphere, accentuated by a cozy fireplace. Each room is generously sized. The ensuite bathroom is a true retreat, featuring a garden tub and a separate shower, an ideal combination for unwinding after a long day. The oversized backyard offers endless possibilities to create your own personal space, whether it's a garden, play area, or outdoor entertainment. Located just 14 minutes from the PGA and 20 minutes from the Coming Soon, Universal Studios. This home is in a prime location that combines convenience with community charm, featuring four pools, two fitness centers & walking trails to the lake. Roof replaced 2024. Don't miss your chance to make this charming property your own. Schedule a tour today!

Investor Tools

Property Icon
$356,157
Estimated Property Value
$0Estimated Mortgage Balance
$356,157Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,137 /month
Positive
Cash Flow Estimate:
$712 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$813/month
$243/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,973
$356,157
2025
$89,070
$267,087
$356,157
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,973
$356,157

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$356,157
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,870/mo
$243/mo
+$2,627/mo
9.7%

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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