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$894,000

NAL Estimated Property Value

3616 Raintree Dr, Flower Mound, TX, 75022

$1,030,603 ARVInfo
Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths3,748 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$266.54 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-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, Convection Oven, Double Oven
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting, RV Hookup, Storage
Lot Size1.01 acres

Building Information

Year Built1991
Stories1
Roof Type105
Garage Spaces7

Land Information

APNR11816
Lot Number10
SubdivisionLake Hill Estates Sec 1
Land UseResidential
Legal DescriptionLAKE HILL ESTATES SEC 1 BLK D LOT 10
Census Tract020305
Assessed Land Value$220,000
Assessed Improvement Value$468,690
Assessment Year2025

About this property

Escape to your private sanctuary with this completely remodeled masterpiece nestled on a peaceful, meticulously landscaped one-acre lot near Lake Grapevine. The ultimate hobbyist, collector, or entrepreneur dream starts here with an extraordinary 30’ x 30’ climate-controlled workshop. Completely equipped with electricity, a private office, separate storage, room to park two vehicles, and an attached carport, this space is perfectly primed for a home business, car restoration, custom woodwork, or creative studio. Head to the main house boasting luxury plank floors, crown molding, plantation shutters, and a massive family room anchored by a cozy electric fireplace. The beautifully renovated kitchen serves as a culinary haven, boasting quartz counters, white cabinets, an instant hot water dispenser, under cabinet lighting, and recently installed stainless steel appliances including double ovens and a Bosch dishwasher. Natural light pours through abundant windows, including recently replaced downstairs vinyl windows. Unwind in the remodeled primary suite complete with a freestanding tub, onyx maintenance-free shower, quartz dual-sink extended vanity, upgraded tile floors, a skylight, and dual walk-in closets. Upstairs, the spacious game room, loft area, and secondary bedrooms with custom built-ins provide flexible spaces for everyone. The large covered patio offers exceptional outdoor living, with a natural gas outlet for a grill and pre-wiring for a hot tub. An additional attached two-car garage and an RV carport with a 30-amp hookup ensure infinite storage solutions. Other features include a recently replaced roof and AC units. With no HOA, highly sought-after Flower Mound schools, and close proximity to Twin Coves Park and the 22+ miles of Northshore Trails, this property offers a rare combination of freedom, luxury, and location. Take a first-person look at this gorgeous home! Click the Virtual Tour link to see the 3D Tour!

Investor Tools

Property Icon
$894,000
Estimated Property Value
$0Estimated Mortgage Balance
$894,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,030,602
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,994 /month
Positive
Cash Flow Estimate:
$1,998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$638/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,185
$648,690
2025
$220,000
$468,690
$688,690
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,185
$648,690

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$874,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
N/A
+$2,960/mo
4.0%

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.

Explore Texas Explore This Area
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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3616 Raintree Dr | Property Details | No Agent List