📍Little Elm, TX 75068 / Subject To / Entry $26k / MTG $440k / 5.75% INT

Denton County, Little Elm, TX, 75068
Sold
Listed at: August 13th, 2024
Price
$26,000
Sq. Footage
2763
Type
Single-Family
Parking
Attached Garage
Year build
2001
Lot size
6033.00 sqft
Bedrooms
4
Bathrooms
3
Half Bathrooms
0
Summary

Little Elm, TX 75068 📍

Metro Dallas, TX

Subject To the Existing Mortgage 

Entry Fee: (cash at closing) $26,000 + CC + TC

Total Purchase Price: $466,677.61

Minutes from Lewisville Lake, turnkey property with beautiful backyard pool. Just above Dallas Texas.

🏡Property Details: 

  • 4 beds 3 baths 
  • 2,763 sqft 
  • 6,033 sqft lot size 
  • Built in 2001 
  • Has Pool 🏊‍♂️
  • Attached Garage 
  • $33 HOA a month / No rental restrictions 

Mortgage Details:

  • Mortgage Balance: $440,677.61
  • PITI: $4,255.68
  • 5.75% Interest rate / no balloon 
  • Entry Fee: $26,000 + CC + TC 
  • Total Purchase Price: $466,677.61

💰Exit Strategys:

  • LTR (long-term rental) - wont cashflow 
  • MTR (Mid-term rental) $5,000+
  • STR (Short-term rental) $6,000+
  • Co-Living / rent by the room

Best exit strategy would be Co-Living, STR, or MTR.

COE: 08/28/2024

Contact Brandon Wall for more information!

248-212-5417

 

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Brandon Wall

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Disposition manager