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$358,000

5320 Timber Creek Rd, Flower Mound, TX, 75028

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,532 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.5 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Gas Water Heater
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size10,916 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR77285
Lot Number2
SubdivisionTimbercreek Comm #11
Land UseResidential
Legal DescriptionTIMBERCREEK COMM #11 BLK 8 LOT 2
Census Tract021721
Assessed Land Value$87,300
Assessed Improvement Value$248,800
Assessment Year2025

About this property

Move in ready single story house with a huge backyard. No carpet in the property. New HVAC. New vinyl plank. Open floor plan, updated lease property in Flower Mound! This home blends modern comfort with strategic convenience. Situated between three top-rated schools (elementary, middle, and high school), it's a perfect choice for families. The completely updated interior boasts fresh paint, new flooring, and stylish fixtures throughout. The large backyard offers ample space for outdoor activities, gardening, and relaxation. The open floor plan is ideal for gatherings, with granite countertops. The master suite provides a private retreat with an ensuite bathroom and walk-in closet. A two-car garage ensures convenience and security. Flower Mound offers a great quality of life, known for its parks and community.

Investor Tools

Property Icon
$358,000
Estimated Property Value
$38,032Estimated Mortgage Balance
$329,377Estimated Equity
89% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,148 /month
Positive
Cash Flow Estimate:
$716 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$641/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,908
$336,100
2025
$87,300
$248,800
$336,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,908
$336,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Compass Bank
Credit Line (Revolving) / Heloc
$38,032
No
First
Jan 10, 2015
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$28,623
$329,377
92%
8%
$229/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,950/mo
$229/mo
+$2,721/mo
9.9%

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.

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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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5320 Timber Creek Rd | Property Details | No Agent List