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5931-5933 Robinwood Lane

Little Elm, TX 75068

$315,000

2 units · 2003

Units2
Building area1,700 sq ft
Year built2003
Gross income$28,614/yr
Cap rate6.16% as listed
Parking2 spaces
Lot size0.138 acres
TypeDuplex

What it costs to own

TaxesNot provided by the listing
HOANone listed
Operating expenses$6,420 per year — as listed
Insurance$2,781 per year — as listed
Net operating income$19,413 per year — as listed

About this home

Investment opportunity in Little Elm! This tenant-occupied duplex at 5931-5933 Robinwood offers two 2-bedroom, 1-bath units with established rental history, creating an attractive opportunity for investors seeking an income-producing property in Denton County. Each residence features a functional floor plan with dedicated living and dining spaces, a kitchen and separate full-size utility room with storage shelving. Unit 5931 offers wood-look laminate flooring through the entry, living area, kitchen, dining area and bedroom hallway, carpet in both bedrooms and ceramic tile in the bathroom and utility room. The kitchen features stained cabinetry, laminate countertops and an electric range. An extended patio and fenced yard shaded by mature trees add valuable outdoor living space. Unit 5933 features wood-look laminate flooring in the entry, kitchen and dining area, carpet in the living room and bedrooms, white painted kitchen cabinetry, laminate countertops and an electric range. Neutral finishes throughout both units offer broad appeal. Additional investor-friendly features include no HOA, roof replaced in March 2025, new HVAC March 2022, siding exterior and designated onsite parking for two vehicles. Conveniently located near Little Elm shopping, dining, major roadways and Lake Lewisville. Looking to add more doors? The sellers also own the adjacent duplex at 5959-5961 Robinwood, creating an opportunity to acquire two neighboring duplexes and four rental units. Properties may be purchased individually or considered together as a portfolio offering.

The details

HeatingCentral, Electric
CoolingCeiling Fan(s), Central Air, Electric
FlooringCarpet, Laminate, Tile
AppliancesElectric Range
Interior featuresBuilt-in Features, Cable TV Available, High Speed Internet Available, Open Floorplan, Pantry

Construction materialsSiding
RoofComposition
FoundationSlab

Lot featuresInterior Lot
FencingWood
SewerSeptic

SubdivisionHILLTOWN 1

ElementaryLakewood Village
Middle schoolJerry Walker
High schoolLittle Elm
DistrictLittle Elm ISD

Gross income$28,614 per year
Operating expenses$6,420 per year
Operating includesProfessional Management
Insurance$2,781 per year
Cap rate6.16% — as listed
Net operating income$19,413 per year

MLS #21389816
Source
On the market9 days
CountyDenton

Around this home

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

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21389816. 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.

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