2721 Lone Ranger Trl, Little Elm, TX 75068
- $685,000
- List Price
- $685,000
- MLS#
- 21381889
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- ResidentialIncome
- Year Built
- 2005
- Construction Status
- Preowned
- Acres
- 0.16
- County
- Denton
- City
- Little Elm
- Subdivision
- Stardust Ranch Ph 2
- Building Name
- Stardust Ranch
Property Description
INVESTOR OPPORTUNITY! Two income-producing properties offered together as a bundle, providing an excellent opportunity to add established rental properties to your portfolio near Lake Lewisville. Both homes feature 3 bedrooms, 2.5 baths, and 2-car garages, offering desirable layouts for long-term tenants. 721 Lone Ranger Trail is currently leased through February 28, 2027, at $1,600 per month, providing immediate rental income with an established tenant in place. 1009 Haystack is currently leased through May 2027 at $2,300 per month, offering additional dependable rental income. Combined current rental income is $3,900 per month, or $46,800 annually. Conveniently located near Lake Lewisville with easy access to shopping, dining, recreation, and major roadways, these properties offer investors an opportunity to acquire two rental homes together with tenants and leases already in place. Offered as a package—ideal for investors seeking cash-flowing properties with existing rental income.
Additional Information
- Unexempt Taxes
- $7,577
- Amenities
- Fireplace
- Lot Size
- 6,882
- Lot Description
- Irregular Lot, Landscaped, Subdivision, Few Trees
- Interior Features
- Decorative Designer Lighting Fixtures, Eat-In Kitchen, High Speed Internet, Kitchen Island, Open Floor Plan, Pantry, Cable TV, Walk-In Closet(s)
- Flooring
- Carpet, Tile
- Foundation
- Slab
- Roof
- Composition
- Stories
- 1
- Pool Features
- None, Community
- Fireplaces
- 1
- Fireplace Type
- Living Room
- Exterior
- Lighting, Private Yard, Rain Gutters
- Garage Spaces
- 2
- Parking Garage
- Driveway, Garage Faces Front, Garage
- School District
- Little Elm Isd
- Elementary School
- Cesar Chavez
- Middle School
- Jerry Walker, Colin Powell, Prestwick K-8 Stem
- High School
- Little Elm
- Possession
- SubjectToTenantRights
- Community Features
- Fishing, Lake, Playground, Park, Pool, Near Trails/Greenway, Curbs, Sidewalks
Mortgage Calculator
Listing courtesy of Christie Cannon from LPT Realty LLC. Contact: 972-215-7747
Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.
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