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$745,000

NAL Estimated Property Value

2232 Royal Crescent Drive N, Flower Mound, TX, 75028

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,123 Sq Ft
price_per_sqft$248 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave

Exterior

Exterior FeaturesRain Gutters
Lot Size4,617 sqft

Building Information

Year Built2017
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR653001
Lot Number15
SubdivisionThe River Walk At Central Park Villas
Land UseResidential
Legal DescriptionTHE RIVER WALK AT CENTRAL PARK VILLAS BLK E LOT 15
Census Tract021759
Assessed Land Value$161,608
Assessed Improvement Value$576,990
Assessment Year2025

About this property

Welcome to luxury living in the highly sought-after Riverwalk at Flower Mound! Ideally located just steps from scenic parks, walking trails, lakes, waterfalls, and some of Flower Mound’s best dining and entertainment, this stunning home offers the perfect blend of elegance, comfort, and convenience within an exemplary school district. From the inviting front porch, you can enjoy peace and tranquility. Inside you’ll find open-concept living with hardwood floors throughout, tray ceilings, crown molding and full plantation shutters. The gourmet kitchen features custom cabinets, SS appliances, an oversized island and wine bar, open to the living with soaring 20' ceilings and gas fireplace. The backyard is perfect for entertaining with artificial turf, covered patio and a motorized gate giving more privacy. Formal dining area, beautiful light and bright office with built-ins are at the front of the home. The luxurious owner’s suite boasts a spa-like bath with soaking tub, separate shower, dual sinks, built ins and a huge custom walk in closet. 2 secondary bedrooms, two baths and a second living area upstairs to enjoy entertaining friends, game nights or movies at home. Enjoy morning coffee on your two story private balcony overlooking your yard. A two car garage with custom cabinets and flooring. HOA takes care of the front yard. Located near an abundance of shopping and dining. This is more than a home, it’s a lifestyle.

Investor Tools

Property Icon
$745,000
Estimated Property Value
$912,354Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,647 /month
Positive
Cash Flow Estimate:
$1,549 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,297/month
$1,630/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,834
$735,786
2025
$161,608
$576,990
$738,598
No

Tax History

Year
Tax Paid
Assessed Value
2025
$11,834
$735,786

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Encore Bank Na
Credit Line (Revolving) / Heloc
$577,600
No
First
Jul 13, 2022
Jul 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$912,354
N/A
0%
122%
$5,863/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,950/mo
$7,493/mo
$-4,543/mo
4.8%

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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2232 Royal Crescent Drive N | Property Details | No Agent List