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$694,000

NAL Estimated Property Value

2028 Skelton Street, Flower Mound, TX, 75022

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,916 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$147.12 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave
FlooringCarpet, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size11,626 sqft

Building Information

Year Built1995
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR146189
Lot Number1
SubdivisionMckamy Creek
Land UseResidential
Legal DescriptionMCKAMY CREEK BLK B LOT 1
Census Tract021757
Assessed Land Value$174,375
Assessed Improvement Value$470,434
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED! HIGHEST & BEST BY 9PM 6-13-21! Nearly $50K UPGRADES (HARDWOOD FR BERBER CARPET LUXURY KITCHEN & BATHROOM WITH GARDEN TUB) This 4 bed, 3 bath home has a spacious family room that is outfitted with a cozy upgraded fireplace and gorgeous hardwood floors. Newly upgraded open-concept kitchen, which includes granite countertops and ample cabinet and countertop space. Each master and guest bedroom on the main floor features full baths including stylish tile and oil rubbed bronze hardware. Your family and guests will be able to kick back and enjoy high-end perks, such as a convertible Media room! This home is in an excellent location and is within walking distance from two exemplary schools!

Investor Tools

Property Icon
$694,000
Estimated Property Value
$283,768Estimated Mortgage Balance
$410,232Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,164 /month
Positive
Cash Flow Estimate:
$1,388 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,013/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,690
$644,809
2025
$174,375
$470,434
$644,809
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,690
$644,809

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kwik Mortgage Corp
Conventional
$309,000
No
First
Jan 11, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$283,768
$410,232
59%
41%
$1,853/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,850/mo
$1,853/mo
+$1,997/mo
6.7%

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.

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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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2028 Skelton Street | Property Details | No Agent List