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$601,000

NAL Estimated Property Value

2820 Lakehollow Lane, Flower Mound, TX, 75028

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,882 Sq Ft
FarmFarm
price_per_sqft$124.88 / sqft
Year BuiltBuilt in 1994

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Purifier, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Water Softener
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size9,148 sqft

Building Information

Year Built1994
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR165326
Lot Number1
SubdivisionCreekside At Cross Timbers Ii
Land UseResidential
Legal DescriptionCREEKSIDE AT CROSS TIMBERS II BLK A LOT 1
Census Tract021725
Assessed Land Value$115,395
Assessed Improvement Value$381,652
Assessment Year2025

About this property

Great Family Home! Huge Backyard, Lots of Windows for Light, 3 Bedrooms with a Study off the Master Bedroom, 2 & a half Baths, 3 Living Areas and 2 Dining Areas. Kitchen has been recently updated with granite counter tops, new back splash and ceramic tile floor. Granite counter tops were also installed in the bathrooms. New carpet has just been installed as well as a new hot water heater. In addition, the owner had a new sprinkler system installed, a water purifier-softener and a new roof.

Investor Tools

Property Icon
$601,000
Estimated Property Value
$249,073Estimated Mortgage Balance
$351,927Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,606 /month
Positive
Cash Flow Estimate:
$1,202 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$773/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,277
$497,047
2025
$115,395
$381,652
$497,047
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,277
$497,047

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Conventional
$277,000
No
First
Feb 18, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$249,073
$351,927
58%
41%
$1,661/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,950/mo
$1,661/mo
+$1,289/mo
5.9%

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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2820 Lakehollow Lane | Property Details | No Agent List