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$599,900

5406 Timber Park Dr, Flower Mound, TX, 75028

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,696 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$222.51 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Storage
Lot Size9,095 sqft

Building Information

Year Built1998
Stories2
Roof Type105
Garage Spaces1

Land Information

APNR189412
Lot Number2
SubdivisionTimberview Estates West Ph 1,2
Land UseResidential
Legal DescriptionTIMBERVIEW ESTATES WEST PH 1,2 BLK A LOT 2
Census Tract021758
Assessed Land Value$112,288
Assessed Improvement Value$371,712
Assessment Year2025

About this property

This beautifully maintained home blends comfort, style, and privacy with an inviting, light-filled design. Hand-scraped hardwood floors, tall ceilings, and walls of windows create a bright and airy atmosphere throughout, while plantation shutters add timeless character. The kitchen is both functional and elegant, featuring granite countertops and a seamless flow into the main living areas, making it ideal for everyday living and entertaining alike. A dedicated office offers the perfect work-from-home space, and a versatile gameroom or flex room upstairs to suit your needs. Step outside to your own private retreat, where a covered patio overlooks a spacious backyard complete with a sparkling pool and spa. Backing to a tree-lined greenspace with no rear neighbors, the setting offers exceptional privacy and a peaceful backdrop for relaxing!. Thoughtful updates, including fresh paint and new carpet, enhance the home’s move-in-ready appeal, while a storage shed adds everyday convenience. A rare find offering true privacy, beautiful updates, and resort-style outdoor living all in one exceptional property. *School bus pick up right in front of house!**

Investor Tools

Property Icon
$594,000
Estimated Property Value
$214,171Estimated Mortgage Balance
$397,685Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,599 /month
Positive
Cash Flow Estimate:
$1,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$767/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,235
$484,000
2025
$112,288
$371,712
$484,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,235
$484,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$214,171
No
First
Jan 22, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$196,315
$397,685
66%
33%
$1,285/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,850/mo
$1,585/mo
+$2,265/mo
7.8%

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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5406 Timber Park Dr | Property Details | No Agent List