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$1,938,000

NAL Estimated Property Value

3516 Chimney Rock Drive, Flower Mound, TX, 75022

Off MarketInfo
Beds5 Beds
Baths6 Bath
Baths6,079 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$222.08 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5.5Bathrooms Full 5.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Ice Maker, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Warming Drawer, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Fire Pit, Rain Gutters, Lighting, Storage
Lot Size1 acre

Building Information

Year Built2007
Stories2
Roof Type105
Garage Spaces5

Land Information

APNR251563
Lot Number25
SubdivisionChimney Rock
Land UseResidential
Legal DescriptionCHIMNEY ROCK BLK A LOT 25
Census Tract020321
Assessed Land Value$500,940
Assessed Improvement Value$1,211,315
Assessment Year2025

About this property

Just what you have been searching for... Finally! A home with true STYLE & CLASS! A modern, clean line architecturally interesting home that is still warm & inviting! 5 spacious bedrooms all with ensuite baths, a pool bath, executive study with fireplace, open floorplan with soaring ceilings in the family room & flooded with natural light from numerous windows. Formal dining with double sided fireplace, beverage bar, downstairs media, gameroom up, oversized laundry, TONS & TONS of CLOSET SPACE! Kitchen is so amazing & features huge pantry, gas 6 burner cooktop, built in fridge. Master bath has coffee bar. Extensive hardwoods throughout. 4 car oversized garage, Saltwater pool & fireplace, Circle Drive, 1 Acre

Investor Tools

Property Icon
$1,938,000
Estimated Property Value
$885,403Estimated Mortgage Balance
$1,052,597Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,628 /month
Positive
Cash Flow Estimate:
$3,876 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,857/month
$1,375/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$24,593
$1,712,255
2025
$500,940
$1,211,315
$1,712,255
No

Tax History

Year
Tax Paid
Assessed Value
2024
$24,593
$1,712,255

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Arm (Adjustable Rate Mortgage)
$1,040,000
No
First
Aug 23, 2019
Sep 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$885,403
$1,052,597
54%
46%
$4,527/mo

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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3516 Chimney Rock Drive | Property Details | No Agent List