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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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3517 Iron Horse Dr , Little Elm, TX 75068
$449,000
Est. Payment: $2,521.92/mo
4 Bed
2.5 Bath
2813 Sqft
0.15 Acres
Status: active | Days on site: 18
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DLUL01 - 0641193
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House Description

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.

Highlights

Listed by Larisa Dostal , Dallas Luxury Realty , North Texas Real Estate Information Systems

Property Type

Residential

Lot/Acreage
0.15

HOA Fee

750 Annually

Year Built

2022

County

Denton

Neighborhood

Prairie Oaks Ph 1b

School District

Denton ISD

Listing ID

21394026

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:2.5
  • ▪ Full Bathrooms:2
  • ▪ 1/2 Bathrooms:1
Appliances:Dishwasher, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Tankless Water Heater
Air Cond:Ceiling Fan(s),Central Air
Fireplaces:Gas Starter,Living Room
Floor:Carpet,Ceramic Tile
Other:
  • ▪ Additional:Cable TV Available, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Master on Main

Exterior Features

Lot:Less Than .5 Acre (not Zero)
Roof:Shingle
Parking Features:Garage Faces Front
Principal Interest
$2,522
Taxes
$837
HOA
$750

Home Price

$449,000

Loan Details

30 yrs
7.542%

Down Payment

20%
$89,800
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Monthly Price:
$2,521.92

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $2,521.92 $837.25 $750.00 $4,109.17
Yearly $30,263.00 $10,047.00 $9,000.00 $49,310.00
Total $907,890.13 $301,410.00 $270,000.00 $1,479,300.13

Today's Rates

30 Year

7.54%

20 Year

7.2%

15 Year

6.73%

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Market insight data is pulled from the same city as the listing being viewed (Little Elm, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-11T16:08:32.810Z

© 2026 North Texas Real Estate Information Systems