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$1,018,000

NAL Estimated Property Value

640 Loma Alta Dr, Flower Mound, TX, 75022

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,893 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$244.03 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Refrigerator, Tankless Water Heater, Wine Cooler
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesFire Pit, Gas Grill, Outdoor Grill
Lot Size8,115 sqft

Building Information

Year Built2014
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR581132
Lot Number32
SubdivisionLakeside Phase One
Land UseResidential
Legal DescriptionLAKESIDE PHASE ONE BLK E LOT 32
Census Tract021756
Assessed Land Value$235,229
Assessed Improvement Value$785,907
Assessment Year2025

About this property

Living in Lakeside is about the best of all worlds with direct access to restaurants, entertainment, Lake Grapevine, low tax rate and only 2 turns and less than 5 minutes from garage to DFW Airport. Starting with the home itself, the amazing great room highlighted by the 24 ft floor to ceiling Natural Stone fireplace, just one of the many unique features the floor plan provides. Primary bedroom is downstairs and perfectly sized with access to the amazing patio. A kitchen for those who want to use it. Ensuite bath has dual vanities connected by oversized soaking tub and closet with room to spare. Bonus room with murphy bed and fold out tables perfect for those who want to create, while still having a space for guest when needed. Upstairs with media, game room and additional bedrooms. Great outdoor space. Lakeside is only getting better with even more to come, visit lakesidedfw.com for more info on the developments, making for one of the most unique single family neighborhoods in DFW.

Investor Tools

Property Icon
$1,018,000
Estimated Property Value
$692,982Estimated Mortgage Balance
$325,018Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,108 /month
Positive
Cash Flow Estimate:
$2,036 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,575/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,808
$1,005,400
2025
$235,229
$785,907
$1,021,136
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,808
$1,005,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Conventional
$696,000
No
First
Feb 2, 2026
Mar 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$692,982
$325,018
31%
68%
$4,173/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$4,773/mo
$-1,813/mo
3.5%

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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640 Loma Alta Dr | Property Details | No Agent List