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B+
NoAgentList RatingHow are grades calculated? Info

$550,000

5301 Water Oak Drive, Flower Mound, TX, 75028

$689,059 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,511 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.65 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size13,055 sqft

Building Information

Year Built2000
Stories2
Roof Type105
Garage Spaces3

Land Information

APNR214339
Lot Number3
SubdivisionArborwood
Land UseResidential
Legal DescriptionARBORWOOD BLK 4 LOT 3
Census Tract021721
Assessed Land Value$138,168
Assessed Improvement Value$442,590
Assessment Year2025

About this property

Fantastic location in Flower Mound on a LARGE corner lot, with a pool, spa and covered patio! Over 3,500 sq ft home, great open floor plan and TONS of storage and closet space. This home features the master bedroom on the first floor with secondary bedrooms upstairs off of a huge, open game room space that overlooks the downstairs living room. There are multiple living and dining areas that offer flex spaces for other uses. Large windows and skylights throughout the home offer ample natural light. Oversized 3 car garage with built in cabinets. This home has been freshly painted and the pool pump on the salt water, play pool was replaced in 2021. Downstairs furnace replaced 2021. Close to schools.

Investor Tools

Property Icon
$652,000
Estimated Property Value
$0Estimated Mortgage Balance
$183,646Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$689,058
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,912 /month
Positive
Cash Flow Estimate:
$1,304 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,003/month
$528/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,777
$580,758
2025
$138,168
$442,590
$580,758
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,777
$580,758

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Home Loan Expert Llc
Conventional
$510,000
No
First
Jan 19, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$468,354
$183,646
28%
72%
$3,058/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,850/mo
$3,586/mo
+$264/mo
7.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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