








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 2860 Evening Mist Dr, Little Elm, TX, 75068 earns from $2,893/mo rent with a $2,056/mo payment. Total monthly income totals $2,893/mo. ROI tracks 18.62% on current figures, and rental yield reads 8.27% at a $420,000 purchase. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,038 over five years. Five-year ROI reaches 97.33% and total cumulative return in cash sums $135,511. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,893/mo property income instead of your personal income.
Single Family
Built in 2006
6,621 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 |
|---|---|---|
| 2025-04-14 | Listed for sale | $420,000 |
| 2021-04-19 | Sold | N/A |
| 2021-04-19 | Pending sale | $315,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-15 | $2157.73 | N/A | $359,222 | 10.00% |
| 2023-04-15 | $2157.73 | N/A | $326,565 | 10.00% |
| 2022-04-15 | $2157.73 | -8.39% | $296,877 | 10.00% |



Listed by: Patsy Hodges • Keller Williams Realty
Mls Name: NTREIS
Mls ID: #20902512
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.