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$649,900

1508 Cedar Bluff Ln, Flower Mound, TX, 75028

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,008 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$216.06 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Simulated Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size9,679 sqft

Building Information

Year Built1997
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR193669
Lot Number22
SubdivisionRustic Timbers Ph Ii
Land UseResidential
Legal DescriptionRUSTIC TIMBERS PH II BLK C LOT 22
Census Tract021724
Assessed Land Value$106,447
Assessed Improvement Value$531,160
Assessment Year2025

About this property

This spectacular 2 story 4 bedroom 2.5 bath home boasts an ample corner front yard with two large established trees. As you enter you are greeted with vaulted ceilings and wood floors throughout the first level. A wrought iron staircase leads to the second floor retreat, that opens to a second living area and three bedrooms, and a second full bath. The upstairs bathroom features a granite countertop, separate toilet and recently updated tub, tiled shower walls and flooring. Kitchen features include granite countertops, large island and stainless steel appliances. Kitchen overlooks main living area, and an updated stone fireplace and mantle. Spacious master suite accompanies the large bathroom that is complete with a garden tub, separate shower, granite countertops and walk in closet. Stepping outside onto the covered patio you are drawn into a secluded zen oasis with a salt water pool, tanning ledge, rock waterfall and garden-style landscaping. This home is great for entertaining.

Investor Tools

Property Icon
$646,000
Estimated Property Value
$512,000Estimated Mortgage Balance
$150,810Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,899 /month
Positive
Cash Flow Estimate:
$1,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$988/month
$98/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,626
$637,607
2025
$106,447
$531,160
$637,607
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,626
$637,607

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Deephaven Mortgage Llc
Conventional
$512,000
No
First
Jul 26, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$495,190
$150,810
23%
77%
$3,070/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,850/mo
$3,168/mo
+$682/mo
7.2%

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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1508 Cedar Bluff Ln | Property Details | No Agent List