Investment Opportunity - Single-family residence in the master-planned Lake Lewisville lakefront community of Little Elm, TX - one of the fastest-growing submarkets in the Dallas–Fort Worth Metroplex. The property transfers with a tenant in place, making this a true turnkey income asset. The Denton County location places the property outside the higher tax burden of Dallas and Collin Counties, while still benefiting from proximity to the Dallas North Tollway, Hwy 380 interchange, Legacy West, and major employment corridors in Frisco and Plano. A two-story home featuring four bedrooms, a dedicated downstairs office, formal dining area, and an upstairs game room - a layout profile that commands premium rents in the DFW single-family rental market. The primary suite includes a spa-style bathroom with custom shower and walk-in closet. The kitchen showcases a quartz island and upgraded cabinetry opening to the family room - a configuration that drives tenant retention and reduces turnover vacancy costs. The family room features an upgraded fireplace and a full wall of windows providing natural light exposure. Covered rear patio with landscaped yard. Located within a lakefront resort-style community on Lake Lewisville — amenities include a pool, playground, and green spaces. These HOA-maintained amenities reduce the owner's direct maintenance burden while supporting rent premiums versus comparable non-amenity neighborhoods. Walking proximity to schools, retail, and dining supports strong tenant demand and favorable days-on-market metrics upon lease renewal or re-lease. Commuter access to the Tollway and Hwy 380 broadens the qualified renter pool significantly.
Based on the average sale price from the Celina, TX office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
3517 Iron Horse Drive Little Elm, TX is a Single Family Home for sale at $449000 with 2813 sqft and a lot size of 0.148 Acres Acre(s). 3517 Iron Horse Drive Little Elm has 4 bedrooms, 2 baths and was built in 2022. The property's zip code is 75068 which is in Little Elm, TX
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
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