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$749,989

1500 Ash Grove Ct, Flower Mound, TX, 75028

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths3,083 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$243.27 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Private Yard, Storage
Lot Size13,120 sqft

Building Information

Year Built1998
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR193658
Lot Number16
SubdivisionRustic Timbers Ph Ii
Land UseResidential
Legal DescriptionRUSTIC TIMBERS PH II BLK B LOT 16
Census Tract021724
Assessed Land Value$126,833
Assessed Improvement Value$569,744
Assessment Year2025

About this property

Located on a quiet cul de sac in Flower Mound's Rustic Timbers neighborhood, this home enjoys a premium location adjacent to the neighborhood greenbelt, hiking and biking trails, and minutes from Parker Square, shopping, dining, and everyday conveniences. Thoughtful updates and timeless design create a home designed for comfortable living and entertaining. The floor plan includes 4 bedrooms, 3 full baths, multiple living and dining areas, an upstairs game room, and 2 bedrooms on the first floor. Hardwood floors, plantation shutters, and natural light highlight the home's design. The kitchen was remodeled in 2024 with quartz countertops, refinished cabinetry featuring illuminated glass front display cabinets, stainless steel appliances, a center island with breakfast bar seating, and an adjoining breakfast room. The sink, cooktop, oven, and vent hood were replaced in 2024. Roof replaced in 2025. New fence installed in 2026. The primary suite offers direct access to the backyard and pool. The ensuite bath features separate vanities, a garden tub, separate shower, and a walk in closet. A second first floor bedroom accommodates guests, while the upstairs bedrooms and game room provide flexibility for a home office or additional living space. Designed for entertaining, the backyard features a saltwater pool and spa, outdoor kitchen, fireplace, oversized covered patio, pergola, and landscaped grounds. Beyond the pool, the backyard provides room for outdoor games, pets, gardening, and gatherings with family and friends, all adjacent to the neighborhood greenbelt and hiking and biking trails. The 3 car tandem garage and abundant storage provide everyday functionality. Residents enjoy direct access to the neighborhood greenbelt, miles of hiking and biking trails, and convenient access to Parker Square, shopping, dining, and entertainment. A rare opportunity to own a home in one of Flower Mound's most desirable neighborhoods.

Investor Tools

$293,950Estimated Mortgage Balance
$458,050Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,512 /month
Positive
Cash Flow Estimate:
$1,504 /month

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Briggs Freeman Sothebys Intl

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,118/month
$98/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,662
$696,577
2025
$126,833
$569,744
$696,577
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,662
$696,577

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Broker Solutions Inc
Conventional
$335,000
No
First
May 27, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$293,950
$458,050
60%
39%
$2,009/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,950/mo
$2,107/mo
+$843/mo
4.7%

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.

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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1500 Ash Grove Ct | Property Details | No Agent List