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$475,000

2421 Warwick Ave, Flower Mound, TX, 75028

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,207 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$215.22 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Electric Oven, Microwave
FlooringCarpet, Hardwood, Simulated Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size6,874 sqft

Building Information

Year Built1986
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR115214
Lot Number2
SubdivisionLake Forest Addn Ph 2
Land UseResidential
Legal DescriptionLAKE FOREST ADDN PH 2 BLK 6 LOT 2
Census Tract021726
Assessed Land Value$104,844
Assessed Improvement Value$337,137
Assessment Year2025

About this property

ASK ME ABOUT SPECIAL FINANCING OPPORTUNITY FOR THIS HOME! Backs to greenbelt at The Flower Mound • No HOA • Whole-home generator • Enclosed patio 2022 • New windows and flooring 2022 • Five-burner gas cooktop • Private backyard This single-family home in the Lake Forest neighborhood of Flower Mound offers 4 bedrooms, 2.5 baths, and a rare setting with no rear neighbors. 2421 Warwick Ave backs directly to The Flower Mound natural area (The Flower Mound), providing protected green space views and added privacy that is difficult to find in town. Multiple updates completed in 2022 enhance both style and function, including high-end replacement windows, updated flooring, interior paint, and a remodeled fireplace with gas logs. The kitchen features a five-burner gas cooktop. Radiant attic insulation and LeafFilter gutter protection improve efficiency and maintenance, while a whole-home standby generator provides backup power and peace of mind. The enclosed patio with windows creates a flexible year-round living space suited for relaxing, entertaining, or working from home. The private backyard includes updated fencing completed in 2022 and 2024 along with a storage shed for additional storage. Exterior paint on the rear of the home and shed has also been refreshed. Located near the 2499 corridor, the property offers convenient access to shopping, dining, parks, and daily amenities while remaining in a quiet residential setting. Zoned to Lewisville ISD and is easy walking distance from the STEM elementary school just a couple of blocks away. Positioned in a well-established Flower Mound neighborhood, this move-in ready home combines updated features, natural surroundings, and practical improvements without HOA restrictions.

Investor Tools

Property Icon
$470,000
Estimated Property Value
$0Estimated Mortgage Balance
$470,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$376/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,158
$441,981
2025
$104,844
$337,137
$441,981
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,158
$441,981

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$465,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,950/mo
N/A
+$2,950/mo
7.5%

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.

Explore Texas Explore This Area
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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2421 Warwick Ave | Property Details | No Agent List