








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Little Elm at 1289 Lasso Dr, Little Elm, TX, 75068 offers a 8.42% rental yield on a $385,000 purchase with $2,700/mo rent. 71% in year one. Equity gained on principal adds $2,484/yr while 5% annual appreciation supports $106,368 over five years. Portfolio math shows five-year ROI at 97.94% and total cumulative return in cash at $125,002. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,700/mo property income against a $1,884/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2013
6,011 sqft lot
$N/A/sqft
$165 quarterly HOA
Neighborhood data shown for ZIP Code: 75068, Little Elm, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,344 (100%) |
| Owner Occupied HU | 19,896 (70.2%) |
| Renter Occupied HU | 7,131 (25.2%) |
| Vacant Housing Units | 1,317 ( 4.6%) |
| Median Home Value | $446,062 |
| Average Home Value | $489,072 |
Residential
25,689
Single Family
23,486
Multi-Family
2,203
Businesses
723
Date | Event | Price |
|---|---|---|
| 2025-07-03 | Listed for sale | $385,000 |
| 2021-09-08 | Sold | N/A |
| 2021-08-12 | Pending sale | $370,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-03 | $6810.58 | -5.04% | $407,770 | -2.68% |
| 2023-07-03 | $7172.18 | N/A | $419,015 | 24.82% |
| 2022-07-03 | N/A | N/A | $335,702 | 34.16% |



Listed by: Brandon Carrington • Hometiva
Mls Name: NTREIS
Mls ID: #20984027
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.