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$547,000

NAL Estimated Property Value

1312 Crepe Myrtle Drive, Flower Mound, TX, 75028

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,444 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$153.44 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Electric Cooktop, Electric Oven, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size6,943 sqft

Building Information

Year Built1993
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR131935
Lot Number42
SubdivisionStone Creek Addn Ph 2
Land UseResidential
Legal DescriptionSTONE CREEK ADDN PH 2 BLK L LOT 42
Census Tract021724
Assessed Land Value$84,704
Assessed Improvement Value$364,296
Assessment Year2025

About this property

MULTIPLE OFFERS. Offer deadline TODAY SUN. DEC 19TH at 8PM. Great Flower Mound location! Charming 3 bdrm home in established neighborhood. Island kitchen is open to the main living area. Stainless steel appliances. Separate formals. Spacious master suite is UP, along with a loft area & 2 secondary bdrms. Great closet space & storage throughout. Mature trees and great back yard. Bring your decorating ideas to transform this vintage 1993! This one owner home has been well-loved and is priced below comps to allow a potential buyer to make improvements. Excellent location close to schools, parks, DFW airport, shopping, dining & all the conveniences!

Investor Tools

Property Icon
$547,000
Estimated Property Value
$0Estimated Mortgage Balance
$547,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,282 /month
Positive
Cash Flow Estimate:
$1,094 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$837/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,314
$449,000
2025
$84,704
$364,296
$449,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,314
$449,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$547,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,950/mo
N/A
+$2,950/mo
6.5%

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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1312 Crepe Myrtle Drive | Property Details | No Agent List