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    268 Castleridge Dr Little Elm, TX 75068

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    For Sale
    $575,000

    Two-story duplex featuring modern living, ideal for investors.

    Lot size:
    0.15 Acres

    Property Features for 268 Castleridge Dr

    General Information

    Lot size
    0.15 Acres

    Building Details

    Year built
    2019

    Source: Coldwell Banker Realty Frisco Agent Tonya Peek

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Two-Story Duplex with Income Potential

    This two-story duplex presents a unique opportunity for investors or buyers looking for income potential combined with modern living. Each unit features an open-concept floorplan, creating a bright and inviting living space that seamlessly connects to the kitchen. The kitchens are equipped with granite countertops, white cabinetry, subway tile backsplash, stainless steel appliances, and a pantry. A half bath is conveniently located downstairs. Upstairs, each unit includes three spacious bedrooms and two full bathrooms. Private backyards offer space for relaxation under mature trees. This property provides flexibility for rental income, multi-generational living, or the option to live in one unit while leasing the other. Each side has an average monthly lease rate of $2,100, presenting a strong cash-flowing investment in a rapidly developing area.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Little Elm
    County
    Denton
    State
    Texas
    Longitude
    -96.917532
    Latitude
    33.172238

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    FAQs

    What type of property is this?
    Duplex - Two-story duplex featuring modern living, ideal for investors.
    Where is this duplex located?
    The property is located at 268 Castleridge Dr Little Elm, TX.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: - Income-producing duplex with potential for $4,200 monthly rental income.; - Modern construction (built in 2019) with desirable features.; - Two complete units offer flexibility for rental income, multi-generational living, or owner occupancy.
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    268 Castleridge Dr Little Elm, TX 75068
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    268 Castleridge Dr Little Elm, TX 75068
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