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$595,000

NAL Estimated Property Value

1008 Inverness Ct, Flower Mound, TX, 75022

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,332 Sq Ft
price_per_sqft$278.69 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size12,894 sqft

Building Information

Year Built1993
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR165745
Lot Number16
SubdivisionWoodlake Estates
Land UseResidential
Legal DescriptionWOODLAKE ESTATES BLK C LOT 16
Census Tract021756
Assessed Land Value$180,825
Assessed Improvement Value$412,449
Assessment Year2025

About this property

People always tell me how well maintained I am. And it is true, I have been loved well by my current owner for more than 20 years! One of the things that makes me special is that I have 3 large bedrooms plus a home office, with a closet, all on one story! With 2 living spaces plus 2 dining spaces I have a very flexible floor plan that can be furnished to meet my new owners’ needs. I don’t mean to brag, but I also have features you don’t often find in homes my age such as tall ceilings and an open kitchen. I also have custom architectural details such as crown molding, plantation shutters, and a build quality that make me stand out from many of the homes being built today. Situated in a corner on a cul-de-sac I do not have a lot of neighbors, so things are pretty quiet around here. My fenced-in back yard with shade trees also allows me to stay cool in the summer. Speaking of staying cool, I have solar screens on all my windows and ever since the class 4 roof was installed, that is hail and wind resistant, my insurance costs have been lower. When you stop by make sure you check out the double-sided fireplace, the 2 closets in the primary suite, the expansive primary bathroom, and the utility room conveniently located right outside the bedrooms. And don’t forget I am located less than 15 minutes to DFW airport, Presbyterian Hospital, and Baylor Grapevine! Highly rated schools means I have children playing outside. North Shore trail being around the corner provides plenty of outdoor activities for walkers, bikers, hikers, and all that Lake Grapevine has to offer! After more than 20 years with my current family, I’m ready to open my doors to new owners who will love me just as much. Come see me in person - I can’t wait to welcome you home.

Investor Tools

Property Icon
$595,000
Estimated Property Value
$609,528Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,899 /month
Positive
Cash Flow Estimate:
$1,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$753/month
$290/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,067
$540,422
2025
$180,825
$412,449
$593,274
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,067
$540,422

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Credit Line (Revolving) / Heloc
$50,000
No
First
Oct 31, 2017
Oct 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$609,528
N/A
0%
102%
$3,738/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,850/mo
$4,028/mo
$-178/mo
7.8%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Flower Mound

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1008 Inverness Ct | Property Details | No Agent List