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$650,000

5124 Alexander Dr, Flower Mound, TX, 75028

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,998 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$213.48 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Double Oven
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Private Yard
Lot Size11,866 sqft

Building Information

Year Built1989
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR77193
Lot Number17
SubdivisionRoyal Oaks
Land UseResidential
Legal DescriptionROYAL OAKS BLK 4 LOT 17
Census Tract021721
Assessed Land Value$118,680
Assessed Improvement Value$531,320
Assessment Year2025

About this property

Welcome home to this beautiful property with huge backyard, swimming pool & views of popular Hilltop Park! The single-story, 4 bed plus an office boasts open floor plan with luxury vinyl plank in main traffic areas and an abundance of natural light. Relax and enjoy family time by the granite surround gas fireplace in the main living area with gorgeous outdoor views. The kitchen features granite countertops, stainless-steel appliances including double convection oven, gas range & 2 pantries. Spacious primary bedroom features bay window with lovely pool views, spa like bathroom with frameless walk in shower, freestanding tub & walk in closet. Generous secondary bedrooms with updated full bath. Unwind in the secluded backyard with cedar patio cover overlooking pool, beautiful landscaping, grilling pad & storage shed. Don't miss this opportunity to own your dream home in prime Flower Mound location within walking distance to top rated schools, sports fields & trails. Schedule a tour today!

Investor Tools

Property Icon
$650,000
Estimated Property Value
$222,000Estimated Mortgage Balance
$435,632Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$900/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,554
$650,000
2025
$118,680
$531,320
$650,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,554
$650,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nuwave Lending Llc
Conventional
$222,000
No
First
Jun 5, 2024
Jul 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$214,368
$435,632
67%
33%
$1,332/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,850/mo
$1,332/mo
+$2,518/mo
7.1%

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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5124 Alexander Dr | Property Details | No Agent List