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$395,491

NAL Estimated Property Value

953 Lake Forest Trl, Little Elm, TX, 75068

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,090 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$113.27 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size7,562 sqft

Building Information

Year Built2008
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR282581
Lot Number1
SubdivisionPaloma Creek Lakeview Ph 1
Land UseResidential
Legal DescriptionPALOMA CREEK LAKEVIEW PH 1 BLK F LOT 1
Census Tract020136
Assessed Land Value$97,538
Assessed Improvement Value$297,953
Assessment Year2025

About this property

Welcome to 953 Lake Forest Trail, a stunning residence located in the vibrant community of Little Elm, TX. This beautiful home is part of the sought-after Paloma Creek South neighborhood, known for its family-friendly atmosphere and excellent amenities. As you enter this exquisite property, you'll be captivated by its spacious and open floor plan, designed to accommodate modern living. The living area is bathed in natural light, creating a warm and inviting ambiance that's perfect for both relaxation and entertaining. High ceilings and elegant finishes add a touch of sophistication to the space. The gourmet kitchen is a highlight of the home, featuring sleek countertops, stainless steel appliances, and ample cabinetry. It's a chef's delight, ready to inspire culinary creations and family gatherings. Adjacent to the kitchen is a cozy dining area, ideal for enjoying meals with loved ones. The home offers multiple bedrooms, each providing a peaceful retreat with plush carpeting and generous closet space. The master suite is a true sanctuary, complete with a luxurious en-suite bathroom featuring dual vanities, a soaking tub, and a separate shower. Step outside to discover a beautifully landscaped backyard, perfect for outdoor activities and relaxation. Whether you're hosting a barbecue or simply enjoying a quiet evening under the stars, this outdoor space is sure to impress. Residents of Paloma Creek South enjoy access to fantastic community amenities, including pools, parks, and walking trails. The location is also convenient to local schools, shopping, and dining options, with nearby businesses such as Kroger Marketplace and the popular Hula Hut restaurant. Experience the perfect blend of comfort, style, and community at 953 Lake Forest Trail. This home is ready to welcome you to a life of luxury and convenience. Investors welcomed. Home needs TLC. foundation issues.

Investor Tools

Property Icon
$395,491
Estimated Property Value
$0Estimated Mortgage Balance
$395,491Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,373 /month
Positive
Cash Flow Estimate:
$791 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$786/month
$168/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,451
$395,491
2025
$97,538
$297,953
$395,491
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,451
$395,491

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$395,491
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,750/mo
$168/mo
+$3,582/mo
11.4%

Learn About the Market: Opportunity in Texas

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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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953 Lake Forest Trl | Property Details | No Agent List