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$460,000

1609 Flatwood Dr Fl Atwood, Flower Mound, TX, 75028

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,622 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$283.6 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Washer
FlooringCeramic Tile

Exterior

Lot Size6,604 sqft

Building Information

Year Built1996
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR176964
Lot Number8
SubdivisionShadowridge South Ph 1
Land UseResidential
Legal DescriptionSHADOWRIDGE SOUTH PH 1 BLK M LOT 8
Census Tract021727
Assessed Land Value$118,836
Assessed Improvement Value$313,089
Assessment Year2025

About this property

One story 3bedroom 2bathroom home with split bedrooms floor plan. Kitchen in front of house with bay window and eat-in-kitchen island. Walking distance to Bluebonnet Elementary, to Shadow Ridge Middle Schools, to the CAC - Flower Mound Community Activity Center. And also very close to grocery stores, home depot, churches, restaurants, movie theater, coffee shop, DFW Airport….centrally located!! Seller will leave Dryer, Washer, Refrigerator, Dinning Table with 6 Chairs, Island with 4 Chairs, 2 TVS, Couches, Dishes...... with a full price offer. Seller moving to another country. NO REPAIRS, BUY AS IS!!! All information is deemed reliable but not guaranteed. Buyer and Buyer's agent to verify all information herein including but not limited to square footage and schools.

Investor Tools

Property Icon
$446,000
Estimated Property Value
$413,250Estimated Mortgage Balance
$43,776Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,760 /month
Positive
Cash Flow Estimate:
$920 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$532/month
$271/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,153
$431,925
2025
$118,836
$313,089
$431,925
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,153
$431,925

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$413,250
No
First
Nov 12, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$402,224
$43,776
9%
90%
$2,478/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,950/mo
$2,749/mo
+$201/mo
7.9%

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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1609 Flatwood Dr Fl Atwood | Property Details | No Agent List