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$490,000

NAL Estimated Property Value

1709 Meyerwood Lane S, Flower Mound, TX, 75028

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,311 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$209.87 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Double Oven
FlooringCeramic Tile, Laminate, Wood

Exterior

Private PoolPrivate Pool
Lot Size5,750 sqft

Building Information

Year Built1994
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR147068
Lot Number19
SubdivisionTimber Creek Park Addn Ph 6
Land UseResidential
Legal DescriptionTIMBER CREEK PARK ADDN PH 6 BLK 3 LOT 19
Census Tract021722
Assessed Land Value$96,313
Assessed Improvement Value$388,887
Assessment Year2025

About this property

Beautifully updated two-story home with a sparkling pool, ideally located in the heart of Flower Mound with no HOA. This move-in-ready property offers a flexible and spacious floor plan featuring two living areas and two dining spaces, providing plenty of room for both everyday living and entertaining. The remodeled kitchen is a true centerpiece, showcasing granite countertops, a large island, gas range, double ovens, tile backsplash, and abundant cabinetry. The private primary suite is generously sized and includes a walk-in closet and a renovated bathroom with dual vanities and a newer walk-in shower. Both bathrooms have been thoughtfully updated with modern finishes, and the home features hard-surface flooring throughout with no carpet. Privacy screens on all windows enhance comfort and efficiency, while motion sensors on the front porch and coach lights add extra security and convenience. The utility room offers direct access to the backyard, making it ideal for pool days and helping keep wet traffic off interior floors. Major improvements provide peace of mind, including an upstairs HVAC system replaced in 2025 with added drainage improvements and a roof that is approximately seven years old. The home is also located on the hospital power grid, offering enhanced electrical reliability. Outside, the backyard serves as a private retreat with a pool and ample space to relax or entertain. Situated in a well-established neighborhood with nearby creeks, trails, parks, and highly regarded schools, this home combines comfort, updates, and an exceptional location in one of Flower Mound’s most desirable areas.

Investor Tools

Property Icon
$490,000
Estimated Property Value
$390,869Estimated Mortgage Balance
$99,131Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,940 /month
Positive
Cash Flow Estimate:
$980 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$755/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,615
$485,200
2025
$96,313
$388,887
$485,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,615
$485,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pilgrim Mortgage Llc
Unknown
$392,000
No
First
Mar 31, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$390,869
$99,131
20%
80%
$2,351/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,850/mo
$2,351/mo
+$1,499/mo
9.4%

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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1709 Meyerwood Lane S | Property Details | No Agent List