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$550,000

840 Parkland Dr, Little Elm, TX, 76227

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths3,007 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$182.91 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesSome Gas Appliances, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, Plumbed For Gas
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesPrivate Yard, Rain Gutters
Lot Size10,454 sqft

Building Information

Year Built2018
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR703071
Lot Number82
SubdivisionUnion Park Phase 2a
Land UseResidential
Legal DescriptionUNION PARK PHASE 2A BLK A LOT 82
Census Tract020125
Assessed Land Value$158,472
Assessed Improvement Value$407,157
Assessment Year2025

About this property

Welcome to this beautifully maintained 4-bedroom, 3-bath home situated on an expansive quarter-acre lot in the highly sought-after Union Park community! Offering the perfect combination of space, comfort, and thoughtful upgrades, this home features a dedicated private office, formal dining room, spacious game room, and a 3-car garage! Step inside to discover an inviting open-concept layout with beautiful wood flooring, soaring ceilings, and abundant natural light. The spacious living room features a stunning stone fireplace and flows seamlessly into the kitchen, complete with quartz countertops, stainless steel appliances, a gas cooktop, oversized island with seating, and ample cabinetry. The formal dining room is perfect for entertaining, while the private office provides an ideal work-from-home space. The generously sized primary suite offers a relaxing retreat with a spa-inspired bathroom featuring dual vanities, a soaking tub, separate shower, and spacious closet. Upstairs, the game room provides additional space for entertainment, relaxation, or recreation. Major updates include a NEW ROOF, FRESH INTERIOR PAINT, NEW CARPET, and SOLAR PANELS for added energy efficiency! Step outside to enjoy the oversized backyard, offering plenty of room for a future pool, outdoor entertaining, or simply enjoying the extra space. The covered patio and extended concrete patio make outdoor gatherings a breeze. Located in the award-winning, master-planned Union Park community, residents enjoy an incredible lineup of amenities, including resort-style pools, splash pads, fitness centers, pickleball, basketball and volleyball courts, playgrounds, dog parks, fishing ponds, miles of walking trails, a food truck park, and beautifully maintained green spaces. With a quarter-acre lot, 3-car garage, energy-saving solar panels, and major recent updates, this home truly offers the space, lifestyle, and amenities you've been searching for!

Investor Tools

$279,323Estimated Mortgage Balance
$203,260Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

Interested in this property?

Hannah Wallace

OnDemand Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,140/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,275
$565,629
2025
$158,472
$407,157
$565,629
No

Tax History

Year
Tax Paid
Assessed Value
2025
$11,275
$565,629

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Conventional
$317,000
No
First
Sep 24, 2020
Oct 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$279,323
$286,306
50%
58%
$1,901/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,900/mo
$2,651/mo
+$249/mo
7.2%

City: Little Elm

840 Parkland Dr | Property Details | No Agent List