Listing provided courtesy of Dallas Luxury RealtyMLS# 21166924MLS ProviderContact Information: Larisa Dostal - 214-754-7040
  • 146 days on site
  • 1 views

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.

Source: North Texas MLS, MLS#: 21166924

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  • Property Type
    Residential
  • Lot
    0.15 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 3517 Iron Horse Drive


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/4/2026Source: North Texas MLS Status Change
Closed
4/20/2026Source: North Texas MLS Status Change
Pending
3/18/2026Source: North Texas MLS Price Reduction
$445,000 -0.9%
2/18/2026Source: North Texas MLS Added to Database
February 18, 2026
2/3/2026Source: North Texas MLS Added to Database
February 03, 2026
1/30/2025Source: North Texas MLS Added to Database
January 30, 2025