← All homes

5959-5961 Robinwood Lane

Little Elm, TX 75068

$315,000

2 units · 2003

Units2
Building area1,700 sq ft
Year built2003
Gross income$28,920/yr
Cap rate6.39% as listed
Parking2 spaces
Lot size0.138 acres
TypeDuplex

What it costs to own

TaxesNot provided by the listing
HOANone listed
Operating expenses$6,012 per year — as listed
Insurance$2,781 per year — as listed
Net operating income$20,127 per year — as listed

About this home

Investment opportunity in Little Elm! This tenant-occupied duplex at 5959–5961 Robinwood includes two 2-bedroom, 1-bath residences with an established rental history. Each unit has separate living and dining areas, a kitchen, and a full-size utility room with storage shelving. Unit 5959 features wood-look laminate flooring, ceramic tile in the bathroom, utility room and rear entry, stained kitchen cabinetry, laminate countertops, and an electric range. Its extended patio opens to a fenced yard shaded by mature trees. Unit 5961 offers wood-look laminate flooring, ceramic tile in the bathroom and laundry room, stained cabinetry, laminate countertops, and an electric range. Neutral finishes give both residences broad appeal. Additional features investors will appreciate include: the property has no HOA, it has designated onsite parking for two vehicles, roof replaced in March 2025, and new HVAC installed in June 2021. The property is conveniently located near Little Elm shopping and dining, Lake Lewisville, major roadways and employment corridors, and is served by Little Elm ISD. Looking to add more doors? The sellers also own the adjacent duplex at 5931–5933 Robinwood. The duplexes may be purchased separately or considered together as a four-unit portfolio.

The details

HeatingCentral, Electric
CoolingCentral Air, Electric
FlooringCarpet, Ceramic Tile, Laminate
AppliancesDishwasher, Electric Range
Interior featuresHigh Speed Internet Available, Open Floorplan, Pantry

Construction materialsSiding
RoofComposition
FoundationSlab

SewerSeptic
ElectricElectricity Connected

SubdivisionHILLTOWN 1

ElementaryLakewood Village
Middle schoolJerry Walker
High schoolLittle Elm
DistrictLittle Elm ISD

Gross income$28,920 per year
Operating expenses$6,012 per year
Insurance$2,781 per year
Cap rate6.39% — as listed
Net operating income$20,127 per year

MLS #21389819
Source
On the market9 days
CountyDenton

Around this home

One moment…

Your places stay on this device. We never sell or share them. Read the full privacy policy

Place directory © OpenStreetMap contributors.

Listing courtesy of Compass RE Texas, LLC — Tracy Cavazos.

Robert LewisStephen LewisRobert & StephenInk Realty Group

Want the full story on this home?

What a listing cannot tell you: the street, the timing, the leverage. That is our work.

Ask about 5959-5961 Robinwood Lane Text Robert & Stephen

Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21389819. Information last updated October 5, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

Scroll to Top