3517 IRON HORSE DRIVE, LITTLE ELM, TX 75068
Homes for sale in Little Elm.
Homes for sale in 75068.
List Price$445,000
3517 Iron Horse Drive
Little Elm, TX 75068
Listing #21166924
About This Property
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.
Property Features
Location Information
County
Denton
Subdivision
Prairie Oaks Ph 1b
Interior Features
Rooms
Second Floor Bedroom, Second Floor Bedroom, Second Floor Bedroom, First Floor Dining Room, Second Floor Game Room, First Floor Kitchen, First Floor Living Room, First Floor Office, First Floor Primary Bedroom, First Floor Utility Room
Has Fireplace
Yes
Interior
Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Cable TV, Walk-In Closet(s)
Number of Fireplaces
1
Master Bedroom Description
18 x 13
Heating
Central
Full Baths
2
Cooling
Central Air, Ceiling Fan(s)
1/2 Baths
1
Floors
Carpet, Ceramic Tile
Dining Room Description
15 x 14
Laundry
Laundry in Utility Room
Living Room Description
18 x 15
Appliances
Dishwasher, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Tankless Water Heater
Kitchen Description
14 x 13
Exterior Features
Style
Contemporary/Modern, Traditional, Detached
Garage Spaces
2
Stories
2
Fencing
Wood
Construction
Brick
Patio / Deck Description
Covered
Foundation
Slab
Has a Pool
Yes
Roof
Shingle
Pool Description
None, Community
Utilities
Sewer Available, Water Available, Cable Available
Lot Size in Acres
0.148
Security System
Carbon Monoxide Detector(s), Fire Alarm
Lot Size in Sq. Ft.
6,446
Parking Description
Garage Faces Front
Is One Story
No
Has Garage
Yes
School
Elementary School District
Denton ISD
Jr. High School
Rodriguez
Elementary School
Providence
High School
Ray Braswell
Additional Information
Property Type
SFR
HOA Fee
$750
Property SubType 2
House
HOA Frequency
Annually
Property SubType
Single Family Residence
HOA Includes
All Facilities, Association Management
Year Built
2022
Tax Annual Amount
10047.0
Status
Active
Community Features
Pool, Sidewalks, Tennis Court(s), Trails/Paths
Has a Home Owners Association
Yes
Similar Listings
Mortgage Calculator
$2,076
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$1,603
Monthly Tax
$370
Monthly Insurance
$103
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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