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$445,000

1824 Chatham Dr, Flower Mound, TX, 75028

Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths1,904 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$233.72 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Water Heater, Gas Range, Microwave
FlooringCeramic Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size10,999 sqft

Building Information

Year Built1986
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR115225
Lot Number15
SubdivisionLake Forest Addn Ph 1
Land UseResidential
Legal DescriptionLAKE FOREST ADDN PH 1 BLK 15 LOT 15
Census Tract021726
Assessed Land Value$130,006
Assessed Improvement Value$330,091
Assessment Year2025

About this property

Bring all offers! Welcome home to this beautifully updated Flower Mound gem, perfectly situated on a picturesque corner lot shaded by mature trees. From the inviting front porch to the sparkling backyard pool, this home offers the perfect blend of comfort, functionality, and outdoor living. Step inside to a spacious living area filled with natural light, featuring a cozy fireplace, built-in computer nook, generous storage, and seamless access to the backyard deck—creating an ideal space for both everyday living and entertaining. The heart of the home is the beautiful remodeled kitchen, complete with extensive granite countertops, abundant cabinetry, a large pantry, gas range, built-in microwave, breakfast bar, and convenient planning desk. The versatile dining room offers endless possibilities with double doors that allow it to function beautifully as a formal dining space, private home office, playroom, or even a fourth bedroom. The spacious primary suite is a true retreat, featuring direct access to the pool and backyard oasis, an ensuite bath with dual vanities, separate tub and shower, and two walk-in closets. Secondary bedrooms are generously sized with ample closet space and share an updated hall bath. A full-size utility room and attached two-car garage add everyday convenience. Outside, the backyard is truly the showstopper. Enjoy summer days in the sparkling pool, host gatherings on the expansive deck, tend to your garden among the lush landscaping, or take advantage of the storage building for hobbies and organization. This private outdoor retreat is designed for making memories year-round. Located near the beautiful Rheudasil Park and convenient to shopping, dining, and all that Flower Mound has to offer, this move-in-ready home offers the lifestyle you've been searching for. Seller is offering a $10,000 flooring allowance.

Investor Tools

$0Estimated Mortgage Balance
$460,097Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,761 /month
Positive
Cash Flow Estimate:
$920 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$840/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,780
$460,097
2025
$130,006
$330,091
$460,097
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,780
$460,097

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$460,097
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,950/mo
N/A
+$2,950/mo
7.7%

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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1824 Chatham Dr | Property Details | No Agent List