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$639,547

2501 Sherri Lane, Flower Mound, TX, 75028

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,965 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$353.69 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Electric Water Heater
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size1.23 acres

Building Information

Year Built1972
Stories1
Roof Type127
Garage Spaces3

Land Information

APNR18089
SubdivisionJ. White
Land UseResidential
Legal DescriptionA1341A J. WHITE, TR 9, 1.229 ACRES, OLD DCAD TR# 33
Census Tract021727
Assessed Land Value$299,381
Assessed Improvement Value$340,166
Assessment Year2025

About this property

Amazing one owner updated home on 1.229 acres cul de sac lot. Spacious main living room has cozy wood burning brick fireplace, vaulted ceiling, lovely wood paneling and lots of windows. Secondary living has separate outside door to extended covered patio and an amazing cast iron wood burning stove. The formal dining is adjacent the kitchen and features a built in hutch. Beautiful quartz countertops and SS appls. in kitchen. Warm decorative paints and updated flooring enhance this lovingly maintained home. Huge master suite is a great place to relax. Mature pecan trees adorn the beautifully landscaped lot. Private gas wells with small lake view with fountain behind home assure that no one can build behind you.

Investor Tools

Property Icon
$639,547
Estimated Property Value
$0Estimated Mortgage Balance
$140,886Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,170 /month
Positive
Cash Flow Estimate:
$1,390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,109/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,107
$639,547
2025
$299,381
$340,166
$639,547
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,107
$639,547

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Arcus Lending Inc
Conventional
$540,000
No
First
Apr 20, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$498,661
$140,886
22%
78%
$3,238/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,950/mo
$3,238/mo
$-288/mo
5.5%

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.

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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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2501 Sherri Lane | Property Details | No Agent List