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$659,000

NAL Estimated Property Value

6209 Leatherstem Rd, Flower Mound, TX, 76226

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths3,088 Sq Ft
price_per_sqft$226.68 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesSome Gas Appliances, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Microwave, Plumbed For Gas, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size6,499 sqft

Building Information

Year Built2018
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR684779
Lot Number15
SubdivisionCanyon Falls Village 6b
Land UseResidential
Legal DescriptionCANYON FALLS VILLAGE 6B BLK F LOT 15
Census Tract020317
Assessed Land Value$120,250
Assessed Improvement Value$522,984
Assessment Year2025

About this property

Straight to PENDING - No Contingencies - Over List Price!! Set in the highly sought-after Canyon Falls Community, this exceptional ARGYLE ISD home offers Modern Sophistication, wood floors, and relaxed open living spaces. Designer features draw you into this light filled living space framed with large windows overlooking the large backyard. Enjoy preparing meals in the well equipped kitchen finished with mercury glass pendant lighting, quartz counters, under cabinet lighting, SS appliances including fridge, gas cooktop, & Shaker style white cabinets! Find serenity in your elegant primary retreat featuring a spa-inspired ensuite with split vanities, an oversized shower with seamless glass enclosure & a very spacious walk-in closet. Two bedrooms down, with a family room and three bedrooms up. Walking distance to the elementary school, high school and the Canyon Falls Club Community Center! HOA includes front yard maintenance, as well as FIOS Internet and basic cable services.

Investor Tools

Property Icon
$659,000
Estimated Property Value
$545,830Estimated Mortgage Balance
$113,170Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,200 /month
Positive
Cash Flow Estimate:
$1,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,066/month
$625/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,495
$643,234
2025
$120,250
$522,984
$643,234
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,495
$643,234

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Churchill Mortgage Corp
Conventional
$590,000
No
First
May 23, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$545,830
$113,170
17%
83%
$3,538/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$4,163/mo
$-303/mo
7.0%

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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6209 Leatherstem Rd | Property Details | No Agent List