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$888,000

NAL Estimated Property Value

3601 Old Mill Drive, Flower Mound, TX, 75028

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,968 Sq Ft
price_per_sqft$154.99 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Electric Oven, Gas Cooktop, Microwave, Refrigerator, Vented Exhaust Fan, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size11,587 sqft

Building Information

Year Built1999
Stories2
Roof Type105
Garage Spaces3

Land Information

APNR188649
Lot Number1
SubdivisionCarriage Glenn At Bridlewood
Land UseResidential
Legal DescriptionCARRIAGE GLENN AT BRIDLEWOOD BLK 13 LOT 1
Census Tract021748
Assessed Land Value$159,335
Assessed Improvement Value$639,776
Assessment Year2025

About this property

Gracious 5 bedroom Bridlewood home on a corner lot with great curb appeal. A beautiful curved staircase with wrought iron spindles & hardwood floors welcome you as you enter the front door. New Energy Star windows throughout house, as well as updated carpeting, dual HVAC systems & tankless water heater. Detailed crown molding throughout as well as plantation shutters. Downstairs 5th bedroom is perfect for a guest room or home office. Backyard perfect for installing a pool

Investor Tools

Property Icon
$888,000
Estimated Property Value
$388,066Estimated Mortgage Balance
$499,934Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,328 /month
Positive
Cash Flow Estimate:
$1,776 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,336/month
$950/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,590
$799,111
2025
$159,335
$639,776
$799,111
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,590
$799,111

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$429,051
No
First
May 13, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$388,066
$499,934
56%
44%
$2,573/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,850/mo
$3,523/mo
+$327/mo
5.2%

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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3601 Old Mill Drive | Property Details | No Agent List