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B+
NoAgentList RatingHow are grades calculated? Info

$570,000

1308 Elmhurst Ln, Flower Mound, TX, 75028

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,384 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$220.22 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Gas Cooktop, Microwave
FlooringTile, Wood

Exterior

Exterior FeaturesStorage
Lot Size9,230 sqft

Building Information

Year Built1998
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR197638
Lot Number35
SubdivisionStone Hill Farms Ph 1,2 Sec I
Land UseResidential
Legal DescriptionSTONE HILL FARMS PH 1,2 SEC I BLK G LOT 35
Census Tract021720
Assessed Land Value$117,695
Assessed Improvement Value$414,543
Assessment Year2025

About this property

MULTIPLE OFFERS - DEADLINE 10 AM June 13. Extended patio for your outdoor entertainment. Flex room can be a study with French doors for working at home privacy, playroom or extra bedroom. Large kitchen with lots of counter space for the chef, granite counters and gas cooktop. Open to main room so the cook is always included. Split floorplan; main and one bedroom to the left of living, 2 bedrooms to the right. Easy to maintain engineered bamboo hardwood flooring through much of home, fresh paint in today's popular color palate. Living room anchored by attractive cast stone fireplace with gas logs. Spacious owners retreat with garden tub, separate shower and walk-in closet. Secondary bedrooms with walk-in closets. Attractive storage shed in backyard great for yard equipment and bikes. Roof 2017. Community pool, soccer fields and walking paths. Nearby groceries, restaurants, shopping and easy access to I35 & FM407. Less than 10 miles from DFW Airport. An awesome place to call home!

Investor Tools

Property Icon
$570,000
Estimated Property Value
$399,000Estimated Mortgage Balance
$199,528Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,420 /month
Positive
Cash Flow Estimate:
$1,140 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$842/month
$630/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,256
$532,238
2025
$117,695
$414,543
$532,238
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,256
$532,238

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$399,000
No
First
Jul 7, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$370,472
$199,528
35%
65%
$2,393/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,850/mo
$3,023/mo
+$827/mo
8.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1308 Elmhurst Ln | Property Details | No Agent List