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$678,000

NAL Estimated Property Value

2905 Woodway Drive, Flower Mound, TX, 75028

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,041 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$225.25 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Convection Oven, Double Oven
FlooringCarpet, Ceramic Tile, Hardwood, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size7,475 sqft

Building Information

Year Built1998
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR178757
Lot Number9
SubdivisionVillages Of Cross Timbers No 1 Ph 2
Land UseResidential
Legal DescriptionVILLAGES OF CROSS TIMBERS NO 1 PH 2 BLK 6 LOT 9
Census Tract021725
Assessed Land Value$119,600
Assessed Improvement Value$468,191
Assessment Year2025

About this property

Gorgeous red brick estate with timeless curb appeal in Villages of Cross Timbers! This neighborhood is highly sought-after for good reason; wide streets, mature trees, absolute central Flower Mound, and FMHS. It also features a network of trails that connects to other neighborhoods, Forestwood Middle, and the newly renovated Rheudasil Park! The neighbors are friendly and the HOA hosts seasonal events, great for meeting everyone! The home itself is a dream as well. A beautifully appointed formal dining room features classic picture-frame wainscoting. A private study sits behind French doors, offering an ideal work-from-home retreat. The main living area is bathed in natural light, highlighted by expansive windows that frame serene backyard views. Soaring ceilings enhance the sense of space, while a cozy fireplace create a warm yet sophisticated gathering space. Recent lighting upgrades throughout the home. Gourmet kitchen has been extensively remodeled & is designed to impress, featuring granite, premium SS apps include GE double ovens. Primary suite is a true retreat, generously sized to accommodate a sitting area & complemented by a fully renovated spa-inspired bath. Enjoy an oversized walk-in glass shower, updated vanities, designer lighting & refined tile finishes, along with a spacious WIC. Upstairs, a game room provides versatile living & entertainment space, accompanied by 3 well-sized secondary bedrooms. Major system upgrades, including an HVAC system and a recently replaced water heater with transferable warranty, offer peace of mind. Step outside to your private backyard oasis, where a sparkling pool with an attached spa creates a true resort-style experience. The outdoor space has been beautifully enhanced with recent landscaping, a stained privacy fence, and updated pool equipment including a new pump and Polaris, ensuring effortless enjoyment. An expansive open patio completes the setting, ideal for entertaining or relaxing in style.

Investor Tools

Property Icon
$678,000
Estimated Property Value
$224,961Estimated Mortgage Balance
$453,039Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,110 /month
Positive
Cash Flow Estimate:
$1,370 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$885/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,235
$587,791
2025
$119,600
$468,191
$587,791
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,235
$587,791

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Willow Bend Mortgage Co
Conventional
$284,000
No
First
Jul 11, 2016
Aug 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$224,961
$453,039
66%
33%
$1,703/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,850/mo
$2,053/mo
+$1,797/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.

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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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2905 Woodway Drive | Property Details | No Agent List