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$389,853

NAL Estimated Property Value

1025 Colony Street, Flower Mound, TX, 75028

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,653 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$163.34 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Gas Cooktop, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size6,599 sqft

Building Information

Year Built1986
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR109752
Lot Number21
SubdivisionPrairie Creek Addn Ph 2
Land UseResidential
Legal DescriptionPRAIRIE CREEK ADDN PH 2 BLK 12 LOT 21
Census Tract021721
Assessed Land Value$85,680
Assessed Improvement Value$304,173
Assessment Year2025

About this property

Come see this tastefully updated single story home in the heart of Flower Mound! This home has been remodeled with new flooring and fresh paint through out. The open concept floor plan features an updated kitchen with brilliant white cabinetry, stainless steel appliances and gas cooktop open to the family room and breakfast nook. The master bedroom is oversized and the master bathroom features separate tub and shower with walk in closet. Relax on your patio in your private backyard. Only a few houses down from Colony Park and very close to shopping and entertainment. Excellent schools make this home the perfect fit. There is an existing lease in place until January of 2022.

Investor Tools

Property Icon
$389,853
Estimated Property Value
$184,332Estimated Mortgage Balance
$205,521Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,339 /month
Positive
Cash Flow Estimate:
$780 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$709/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,561
$389,853
2025
$85,680
$304,173
$389,853
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,561
$389,853

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$205,000
No
First
Feb 4, 2021
Mar 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$184,332
$205,521
52%
47%
$1,230/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,950/mo
$1,230/mo
+$1,720/mo
9.1%

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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1025 Colony Street | Property Details | No Agent List