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503 Billy Ln, Little Elm, TX, 75068

$225,000

Home List Price

$2,672*

Closing Credit

2 Bedrooms
1 Full Bath
912 SqFt
$247/SqFt
House

Location

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503 Billy Ln, Little Elm$225,000

Buyer Closing Credits

$2,672*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOther
Year Built1965
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
MLS #20734859
Lot Size0.12 Acres
StatusActive

About 503 Billy Ln

503 Billy Lane, Little Elm, TX 75068 is a FIXER UPPER 2 bedroom, 1 bathroom, 1-story frame home with a view of Lake Lewisville. This property is available for $225,000 Cash price; or $275,000 possibly Owner Carries First.

Property Details

Property Features

Property Information:

  • Architectural Style: Detached
  • Year Built: 1965
  • Living Area: 912 SqFt

Listing Office:

  • Office Name: 1st Brokerage
  • Office Phone: (210) 201-6250
  • Listing Agent: Zachary Sadeghian

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: Carpet, Other, Wood
  • Interior: Other, Cable TV

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: Other

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

Other

Directions Information:

  • Directions: Utilize GPS Tracker

Price Information

Listing Price Info

Price Summary:

  • List Price: $225,000
  • Price Per SqFt: $247/SqFt

Tax Information:

  • Annual Amount: $516
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Little Elm, TX.

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Little Elm, TX

City

Med. List Price

$449.9K

Med. Price/SqFt

$204

Avg. Days On Market

77

# of Sold Homes

65

503 Billy Ln vs Little Elm

62 DAYS ON ROCKET

-15 Days

$225,000

-$224.9K Less

$247/SqFt

+$43 More

KEY TAKEAWAY

This property is $224.9K less than the Median List Price and $43/SqFt more than other homes in Little Elm, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20734859

Listing Office:

  • Office Name: 1st Brokerage
  • Office Phone: (210) 201-6250
  • Listing Agent: Zachary Sadeghian

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/22/2024, 7:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$516$30,000
2020$515$30,000
2019$1,006$46,000
2018$1,006$53,935
2017$495$27,817

History based on county public records data.

Payment Calculator

$1,190

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-546864
4
/10

  • Lake Dallas Elementary School

  • 190 Falcon Dr

  • 2.32 miles

  • Public District Grades PK-5

school-card-donut-546865
6
/10

  • Shady Shores Elementary School

  • 300 Dobbs Rd

  • 2.73 miles

  • Public District Grades PK-5

school-card-donut-546866
6
/10

  • Founders Classical Academy Corinth

  • 800 Point Vista Rd

  • 3.29 miles

  • Public Charter Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $76,250. Most Little Elm, TX residents have annual incomes between $35k-100k. Typical family type is married, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 503 Billy Ln

What is the listing price of this property?

The listing price of 503 Billy Ln property is $225,000.

What type of property is this?

The property 503 Billy Ln is a house located in Little Elm, Texas, 75068.

Is this property for sale now?

Active Listing: 503 Billy Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $516 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 503 Billy Ln has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 503 Billy Ln is 912 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 503 Billy Ln is 1965.

Rocket Homes›Texas›Denton County›Little Elm›75068›503 Billy Ln

This home is located at 503 Billy Ln in Little Elm, TX and zip code 75068 in the Rocky Point neighborhood. This 912 square foot home, which was built in 1965, sits on a 0.12 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $225,000.

The inventory of homes for sale in Little Elm, TX between September 2024 and October 2024 increased by 9.6%. In October 2024, listings were on the market for 77 days. During the same period, the median list price in this real estate market was $449,947.

From Rocket Homes Real Estate and based on county public records data.

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