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$249,900

NAL Estimated Property Value

TBD Selma Drive, Little Elm, TX, 75068

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Come find home on the large acre lot in Little Elm, Tx not too far from the lake! The lot is over 1acre, just ask for the survey. The lot is currently not zoned for residential or commercial (so no zoning). Denton County Development services office confirmed. (940)-349-2990. They said to have buyer call the denton county fire marshall to do due diligence. (940)-349-2840. Fence is partially over the neighbors property line (see survey to verify). Come drive by and check it out.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,499 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

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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TBD Selma Drive | Property Details | No Agent List