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$1,378,000

2824 Creek View Dr, Flower Mound, TX, 75022

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths4,633 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$344.27 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Convection Oven, Double Oven, Vented Exhaust Fan
FlooringCarpet, Hardwood, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting
Lot Size1 acre

Building Information

Year Built1993
Stories2
Roof Type105
Garage Spaces4

Land Information

APNR168994
Lot Number1
SubdivisionWichita Creek Estates Ph 2
Land UseResidential
Legal DescriptionWICHITA CREEK ESTATES PH 2 BLK E LOT 1
Census Tract021750
Assessed Land Value$304,920
Assessed Improvement Value$977,910
Assessment Year2025

About this property

Stunning Luxury Colonial style home in Wichita Creek Estate is located on a heavily treed 1 acre lot. The backyard boasts a beautiful oversized pool, with water features and separate hot tub. The open and flowing floor plan features hard wood floors downstairs and up, with custom ornate wrought iron work for spindles. There are three living areas, two fireplaces, two dining areas, plus, abundant outdoor entertaining space. The Primary bathroom is newly refinished, exudes elegance with double vanities, stand alone garden tub and spacious oversized double shower. Gorgeous custom builtins are tastefully added throughout the house. Chefs kitchen with double convection ovens, microwave and induction stove (plumbed for gas). The distinctive quartz counters and substantial island make this kitchen incredibly functional. Oversized closets and several walk in attic entries.

Investor Tools

Property Icon
$1,378,000
Estimated Property Value
$1,277,858Estimated Mortgage Balance
$120,735Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,570 /month
Positive
Cash Flow Estimate:
$3,190 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,992/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,016
$1,228,030
2025
$304,920
$977,910
$1,282,830
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,016
$1,228,030

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citibank Na
Conventional
$1,277,858
No
First
Jun 23, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,257,265
$120,735
8%
91%
$7,662/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,850/mo
$8,062/mo
$-4,212/mo
3.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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2824 Creek View Dr | Property Details | No Agent List