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$681,000

2705 Elmridge Drive, Flower Mound, TX, 75022

Off MarketInfo
LeaseInfo
Beds4 Beds
Baths3 Bath
Baths2,991 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.07 / sqft
Year BuiltBuilt in 1998

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Vented Exhaust Fan, Washer
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size8,564 sqft

Building Information

Year Built1998
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR178205
Lot Number17
SubdivisionThe Villages Of Northshore Ph 1a
Land UseResidential
Legal DescriptionTHE VILLAGES OF NORTHSHORE PH 1A BLK F LOT 17
Census Tract021757
Assessed Land Value$128,460
Assessed Improvement Value$510,248
Assessment Year2025

About this property

Amazing rental opportunity in a beautiful home in the desirable Villages of Northshore. This light-filled, open floor plan will wow you from the moment you enter. At the front of the home are a private office with French doors and a gorgeous built-in bookshelf, a formal living area, and a formal dining area. The island kitchen offers lots of counter space for feeding and entertaining a crowd as well as a gas cooktop and upgraded appliances. The primary suite is conveniently located downstairs providing privacy and a spacious bathroom with dual vanities, a jetted tub, and a frameless shower. Upstairs are the remaining bedrooms as well as a third living area which makes a perfect game or play room. Enjoy the beautiful backyard from the expanded patio and pergola covered with Polygal material to provide protection from the elements. This home is zoned for exemplary Lewisville ISD schools and is located just 10 minutes north of DFW Airport. Welcome to your new home!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,145/month
$495/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,340
$638,708
2025
$128,460
$510,248
$638,708
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,340
$638,708

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nortex Mortgage Corporation
Conventional
$284,800
No
First
Sep 29, 2015
Oct 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,426
$461,574
67%
32%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,850/mo
$495/mo
+$3,355/mo
6.8%

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.

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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2705 Elmridge Drive | Property Details | No Agent List