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$407,000

NAL Estimated Property Value

1012 Sweet Grass Trl, Flower Mound, TX, 75028

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,645 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$227.96 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size5,001 sqft

Building Information

Year Built1996
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR175284
Lot Number15
SubdivisionOakwood Estates (Lewisville)
Land UseResidential
Legal DescriptionOAKWOOD ESTATES (LEWISVILLE) BLK B LOT 15
Census Tract021729
Assessed Land Value$95,000
Assessed Improvement Value$292,849
Assessment Year2025

About this property

Excellent Location! Lovely 3 bedroom, 2 bath home in great family friendly subdivision. Open floorplan, eat-in kitchen with breakfast bar and granite counters. Freshly painted and new carpet. Covered porch and big concrete patio. Walking distance to park, playground and jogging trails. This home is zoned for excellent Flower Mound schools. Come and See!

Investor Tools

Property Icon
$407,000
Estimated Property Value
$270,148Estimated Mortgage Balance
$136,852Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,442 /month
Positive
Cash Flow Estimate:
$814 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$534/month
$133/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,376
$387,849
2025
$95,000
$292,849
$387,849
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,376
$387,849

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Brighton Bank
Conventional
$284,900
No
First
Jul 21, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$270,148
$136,852
33%
66%
$1,709/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,950/mo
$1,842/mo
+$1,108/mo
8.7%

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.

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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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1012 Sweet Grass Trl | Property Details | No Agent List