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$409,000

NAL Estimated Property Value

2117 Newport Dr, Flower Mound, TX, 75028

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,547 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$265.03 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListAbsentee OwnerMove-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 Cooktop, Electric Oven, Gas Water Heater
FlooringCarpet, Tile

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size5,301 sqft

Building Information

Year Built1995
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR165669
Lot Number14
SubdivisionThe Village At Lake Bluff
Land UseResidential
Legal DescriptionTHE VILLAGE AT LAKE BLUFF BLK B LOT 14
Census Tract021729
Assessed Land Value$97,500
Assessed Improvement Value$270,483
Assessment Year2025

About this property

Do not miss this great opportunity to move into a well-established neighborhood in Flower Mound, TX. This Home is move-in ready. The interior features 3 bedrooms, 2 full updated bathrooms, a big living area that opens to the kitchen, new flooring and new paint. Only a short commute to anywhere in the metroplex and just minutes from restaurants, retail and DFW airport. Come, make this home yours. All information is deemed reliable, but not guaranteed. Buyers and buyers’ agent verify all information.

Investor Tools

Property Icon
$409,000
Estimated Property Value
$304,773Estimated Mortgage Balance
$104,227Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,460 /month
Positive
Cash Flow Estimate:
$820 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$483/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,751
$367,983
2025
$97,500
$270,483
$367,983
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,751
$367,983

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The American National Bank Of Texas
Commercial
$312,638
No
First
Dec 6, 2024
Dec 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$304,773
$104,227
25%
75%
$1,875/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,950/mo
$1,875/mo
+$1,075/mo
8.7%

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.

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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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2117 Newport Dr | Property Details | No Agent List