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$514,000

NAL Estimated Property Value

1313 Spring Ridge Ln, Flower Mound, TX, 75028

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,384 Sq Ft
price_per_sqft$222.27 / sqft
Year BuiltBuilt in 2001

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
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave

Exterior

Exterior FeaturesStorage
Lot Size9,422 sqft

Building Information

Year Built2001
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR197659
Lot Number4
SubdivisionStone Hill Farms Ph 1,2 Sec I
Land UseResidential
Legal DescriptionSTONE HILL FARMS PH 1,2 SEC I BLK H LOT 4
Census Tract021720
Assessed Land Value$120,156
Assessed Improvement Value$388,305
Assessment Year2025

About this property

Welcome to your new oasis! This inviting 4-bedroom, 2-bath home offers an abundance of space for both relaxation and entertainment. The open-concept design seamlessly connects two generous living areas and two dining spaces, making it perfect for gatherings with family and friends. The heart of the home is the spacious kitchen, which flows effortlessly into the large living room, creating a warm and welcoming atmosphere. The beautiful master suite is a true retreat, featuring a luxurious garden tub, double vanities, and ample closet space. Step outside to enjoy the great-sized backyard, complete with a covered patio—ideal for outdoor entertaining or simply enjoying the fresh air. Plus, the convenient storage shed provides additional space for all your tools and equipment. Located in the highly sought-after Flower Mound area, this home is just moments away from top-rated schools, shopping, and an array of restaurants. Don’t miss the opportunity to make this lovely property your own!

Investor Tools

Property Icon
$514,000
Estimated Property Value
$491,250Estimated Mortgage Balance
$22,750Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,179 /month
Positive
Cash Flow Estimate:
$1,060 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$914/month
$693/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,401
$508,461
2025
$120,156
$388,305
$508,461
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,401
$508,461

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Genway Home Mortgage Inc
Conventional
$503,927
No
First
Dec 27, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$491,250
$22,750
4%
96%
$3,022/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,850/mo
$3,715/mo
+$135/mo
9.0%

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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1313 Spring Ridge Ln | Property Details | No Agent List