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$618,000

2501 Misty Glen Dr, Flower Mound, TX, 75028

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,136 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$191.01 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Gas Range, Gas Water Heater, Microwave, Refrigerator, Vented Exhaust Fan, Washer
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesLighting, Private Yard, Other
Lot Size9,060 sqft

Building Information

Year Built1992
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR164258
Lot Number21R
SubdivisionEstates At Creekwood Iii Ph 2
Land UseResidential
Legal DescriptionESTATES AT CREEKWOOD III PH 2 BLK D LOT 21R
Census Tract021725
Assessed Land Value$136,166
Assessed Improvement Value$450,265
Assessment Year2025

About this property

Prime location & lifestyle reside at this thoughtfully planned Flower Mound home. The captivating backyard offers plenty of open space and is nestled into the privacy of a greenbelt, complemented by a creek & extensive walking & bike paths that follow the babbling brook. As you enter the property into the tasteful front entry, you are greeted with a distinguished spiral staircase and stunning hardwood flooring. The open concept layout offers well-appointed spaces that flow effortlessly creating a wonderful setting for everyday living and entertaining. The impressive kitchen with breakfast bar combined with succeeding breakfast nook, dining room, formal living room and inviting family room w fireplace are all enhanced alongside the wall of windows overlooking the backyard oasis. Excellent Flower Mound Schools. Close to DFW Airport, Shopping, Restaurants, Flower Mound Community Activity Center, Turtle Cove, Newly Updated Rheudasil Park and 59 miles of beautiful trails. Welcome Home.

Investor Tools

Property Icon
$618,000
Estimated Property Value
$516,500Estimated Mortgage Balance
$130,752Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,708 /month
Positive
Cash Flow Estimate:
$1,236 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$965/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,486
$586,431
2025
$136,166
$450,265
$586,431
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,486
$586,431

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nexbank Ssb
Conventional
$516,500
No
First
Apr 28, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$487,248
$130,752
21%
79%
$3,097/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,850/mo
$3,097/mo
+$753/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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