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$652,000

NAL Estimated Property Value

2113 Bishop Drive, Flower Mound, TX, 75028

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,998 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.1 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Cooktop, Microwave, Plumbed For Ice Maker, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Terrazzo

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size8,577 sqft

Building Information

Year Built1998
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR168499
Lot Number6
SubdivisionChaucer Estates Ph 1
Land UseResidential
Legal DescriptionCHAUCER ESTATES PH 1 BLK 4 LOT 6
Census Tract021720
Assessed Land Value$127,781
Assessed Improvement Value$502,219
Assessment Year2025

About this property

This is the home you have been waiting for! When you first walk in you are greeted with a formal dining room that is just off the kitchen and a private office. You will love the spacious family room and the open kitchen. The kitchen features granite counter top, custom cabinets a 6 burner gas cooktop and more! The master bedroom is located downstairs and features a spacious master bathroom with dual sinks, a separate shower and garden tub. Upstairs you will find the perfect layout with a huge game room, 3 spacious bedrooms and 2 full bathrooms. The backyard is perfect with a saltwater pool, attached spa and a covered patio. Water heater is tankless and the roof is 3 years old. Do not miss this one!

Investor Tools

Property Icon
$652,000
Estimated Property Value
$379,029Estimated Mortgage Balance
$272,971Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,912 /month
Positive
Cash Flow Estimate:
$1,304 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$940/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,016
$616,253
2025
$127,781
$502,219
$630,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,016
$616,253

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$427,500
No
First
Jul 30, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$379,029
$272,971
41%
58%
$2,564/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,850/mo
$3,214/mo
+$636/mo
7.1%

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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2113 Bishop Drive | Property Details | No Agent List