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.
Listed By
Agency Name: Dallas Luxury Realty
Agency Contact: 214-754-7040
Agent Name: Larisa Dostal
Shown By
Agent Name: Jenny Arnold, Broker Associate
Agent Phone: (254) 722-3523
Agency Title: Kelly, Realtors
Estimated Payment
$ 1,120.17 per month $990.38 Principal & Interest $0.00 Property Tax (data not provided by mls) $129.79 Homeowner's Insurance
3517 Iron Horse Drive | MLS# 21166924
This single family home located at 3517 Iron Horse Drive, Little Elm, TX 75068 is currently listed for sale with an asking price of $445,000. This property was built in 2022 and has 4 bedrooms and 2 full and 1 partial baths with 2813 sq. ft. Iron Horse Drive is located in the Prairie Oaks Ph 1b subdivision within the Denton ISD school district. Search Prairie Oaks Ph 1b real estate on jennyarnold.kellyrealtors.com today.