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$523,000

NAL Estimated Property Value

2408 Cornell Dr, Flower Mound, TX, 75022

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,625 Sq Ft
price_per_sqft$205.71 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size8,738 sqft

Building Information

Year Built1988
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR128831
Lot Number3
SubdivisionLake Forest Ph 2
Land UseResidential
Legal DescriptionLAKE FOREST PH 2 BLK 13 LOT 3
Census Tract021750
Assessed Land Value$126,327
Assessed Improvement Value$312,542
Assessment Year2025

About this property

Welcome to this charming, one-owner home that’s been lovingly maintained in a very desirable neighborhood featuring Flower Mound's award winning schools. Let’s take a tour, room by room, to discover all that this spacious 4-bedroom, 2 living, 2 dining, 2.5-bath home has to offer! As you approach, the cute front porch welcomes you inside. Step inside, and you’ll immediately notice the open, airy layout and warm engineered hardwood flooring that flows throughout the downstairs. To your right, you’ll find the dining room, currently being used as a home office. Straight ahead, the huge Great Room awaits, featuring tall windows that fill the space with natural light and floor to ceiling fireplace creating an inviting atmosphere perfect for both relaxing and entertaining. Next, you’ll pass by the spacious kitchen, complete with a large window overlooking the front yard and an eat-in area big enough for a large table in front of more windows, ideal for casual meals or gatherings. Just beyond the kitchen, you’ll find the second living area, a bright and airy den that’s perfect for cozy nights in or as a playroom, library, or additional office space. Tucked away you’ll discover the Primary Suite, a peaceful retreat that’s generously sized and big enough to accommodate a private sitting area to enjoy coffee together in the morning or reading in the evening. The suite is filled with natural light from large windows, making it feel calm and serene. The en-suite bath offers dual sinks, a separate shower and tub, and separate closets. Upstairs, you’ll find three additional bedrooms, each spacious and with walk-in closets, as well as a well-appointed full bath. The backyard is a tranquil spot to enjoy nature, offering a peaceful view of the greenbelt, perfect for outdoor entertaining or simply relaxing. Neighborhood enjoys a walking path. Minutes from DFW, restaurants and shopping. Recent updates include the roof, carpet, paint and more. Come see it today!

Investor Tools

Property Icon
$523,000
Estimated Property Value
$184,533Estimated Mortgage Balance
$338,467Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,240 /month
Positive
Cash Flow Estimate:
$1,080 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$572/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,247
$438,869
2025
$126,327
$312,542
$438,869
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,247
$438,869

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mega Capital Funding Inc
Conventional
$189,000
No
First
Jan 13, 2025
Feb 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$184,533
$338,467
64%
35%
$1,134/mo

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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2408 Cornell Dr | Property Details | No Agent List