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$445,000

NAL Estimated Property Value

5204 Alexander Drive, Flower Mound, TX, 75028

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,056 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$242.7 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Vented Exhaust Fan
FlooringConcrete, Other

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Private Entrance, Garden
Lot Size14,614 sqft

Building Information

Year Built1988
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR77190
Lot Number14
SubdivisionRoyal Oaks
Land UseResidential
Legal DescriptionROYAL OAKS BLK 4 LOT 14
Census Tract021721
Assessed Land Value$144,928
Assessed Improvement Value$274,072
Assessment Year2024

About this property

Welcome to a home that truly feels special from the moment you step inside. Tucked away with beautiful mature trees and green space behind the property, the backyard offers an incredible sense of privacy that’s hard to find. Whether you’re entertaining, relaxing by the pool, or watching kids and pets play, the oversized yard has plenty of room for a playset, trampoline, or simply enjoying the outdoors. One of the most unique features is the adorable she shed with electricity, nearby water access, and a ceiling fan — currently used for crafts and gift wrapping, but perfect for a hobby room, workshop, home office, or creative space. Inside, the home feels much larger than its footprint thanks to a thoughtful layout and multiple living spaces. The split-bedroom floor plan offers privacy, while the oversized primary suite feels like a true retreat. The bathrooms have been tastefully updated and offer generous space throughout. The kitchen is both functional and inviting, featuring great storage, a pot filler, and easy access to the cozy family room just off the kitchen — the perfect place to unwind and watch TV. The main living room is absolutely stunning, filled with natural light and beautiful views of the pool and backyard. Large windows throughout the home bring in sunshine while mature trees provide shade, creating a bright yet comfortable feel. Custom built-ins add character and practicality, while the detached garage connected by a breezeway offers excellent storage options. Conveniently located within walking distance to Lamar Middle School and nearby ballfields, this home combines comfort, privacy, and everyday functionality in a location that’s hard to beat.

Investor Tools

Property Icon
$445,000
Estimated Property Value
$0Estimated Mortgage Balance
$445,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$577/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,696
$389,983
2024
$144,928
$274,072
$419,000
No

Tax History

Year
Tax Paid
Assessed Value
2023
$4,696
$389,983

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$445,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,950/mo
N/A
+$2,950/mo
8.0%

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.

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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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5204 Alexander Drive | Property Details | No Agent List