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$1,583,000

NAL Estimated Property Value

5117 Heather Ct, Flower Mound, TX, 75022

Off MarketInfo
Beds5 Beds
Baths6 Bath
Baths5,623 Sq Ft
price_per_sqft$266.58 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh EquityMove-In Ready

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, Gas Water Heater, Microwave, Convection Oven, Double Oven, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood, Stone

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size1.27 acres

Building Information

Year Built1994
Stories2
Roof Type105
Garage Spaces4

Land Information

APNR168972
Lot Number14
SubdivisionWichita Creek Estates Ph 2
Land UseResidential
Legal DescriptionWICHITA CREEK ESTATES PH 2 BLK D LOT 14
Census Tract021750
Assessed Land Value$348,775
Assessed Improvement Value$1,195,225
Assessment Year2025

About this property

Nestled on one of the most premiere Wichita Creek Estates' cul-de-sac lots with 430 linear feet of heavily treed creek frontage on two sides offering the ultimate in privacy and serenity. This 1.27 acre French country estate has elegant arched wrought iron double entry front doors welcoming you into soaring ceilings, extensive travertine flooring, ornate crown molding, decorative lighting, and solid core doors. Retreat to the beautifully renovated primary suite with a freestanding tub, oversized frameless shower, separate vanities with a makeup area, and a massive walk-in closet with built-ins. The completely remodeled kitchen is a chef's dream with quartz countertops and backsplash, over and under cabinet lighting, built-in Sub-Zero refrigerator, wine cooler, and a 48 inch Dacor range with a double oven and 6-burner cooktop. Work from home in the executive office overlooking the spectacular backyard with separate lounge area. The versatile floor plan includes an upstairs game room and private guest suite ideal for multigenerational living or a live-in nanny. Convenience abounds with an extra-large utility room complete with extensive built-in cabinets and sink and room for a refrigerator. Outside, your fully fenced, meticulously landscaped backyard oasis awaits, showcasing mature trees, a wrap-around patio, a fire pit, and a PebbleTec pool with waterfall. An oversized 3-car garage offers extensive storage with built-in cabinets, overhead racks, and a large storage area. Located in highly sought-after Flower Mound schools and just steps from the popular Northshore Trails featuring 22+ miles for hiking, biking, and walking. Take a first-person look at this gorgeous home! Click the Virtual Tour link to see the 3D Tour!

Investor Tools

Property Icon
$1,583,000
Estimated Property Value
$830,347Estimated Mortgage Balance
$752,653Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,498 /month
Positive
Cash Flow Estimate:
$3,166 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,367/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20,483
$1,376,254
2025
$348,775
$1,195,225
$1,544,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$20,483
$1,376,254

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$832,750
No
First
May 29, 2026
Jun 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$830,347
$768,653
48%
52%
$4,993/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.

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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5117 Heather Ct | Property Details | No Agent List