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Days70Days on Market
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$4,500,000

6401 Red Bud Drive, Flower Mound, TX, 75022

On MarketInfo
Beds5 Beds
Baths7 Bath
Baths5,668 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$793.93 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave, Double Oven, Refrigerator, Wine Cooler
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesStorage
Lot Size24,999 sqft

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR08306
Lot Number99
SubdivisionRed Bud Point
Land UseResidential
Legal DescriptionRED BUD POINT BLK 6 LOT 99
Census Tract020305
Assessed Land Value$496,891
Assessed Improvement Value$388,606
Assessment Year2025

About this property

Set high above the shoreline on a commanding bluff, this rare 1.412-acre lakefront homesite presents a front-row seat to 180-degree, southwest-facing panoramas of Lake Grapevine—where golden-hour light and sunset skies become part of daily life. Positioned across two lots and tucked at the end of a quiet street, the setting offers an exceptional sense of privacy with a view that feels endless. For buyers who want a streamlined path to a truly custom estate, the seller has partnered with Partners in Building and a stunning concept design is available: two stories plus a walkout basement, artfully planned to celebrate the lake from nearly every level and to maximize the dramatic sunset exposure. The plans can be personalized to your lifestyle, allowing you to tailor finishes, layout, and function while preserving the showstopping orientation to the water. Land is offered at $2.5M, with the concept build estimate at $2M (subject to change). Land sale and build agreement are separate, and the land must close prior to construction. Existing structures will be removed per the builder arrangement—clearing the way for a new vision to rise above the lake. This is a listing for the land and the build job. The buyer does not have to build with Partners in Building in order to purchase this lot. See lot listing under MLS 21221718. Buyer to verify if lots can be combined if needed. See survey for details.

Investor Tools

$0Estimated Mortgage Balance
$1,066,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$27,000 /month
Positive
Cash Flow Estimate:
$9,000 /month

Interested in this property?

Kris Wise

Keller Williams Realty-FM

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,574/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,563
$885,497
2025
$496,891
$388,606
$885,497
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,563
$885,497

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,066,000
100%
0%
$0/mo

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.

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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6401 Red Bud Drive | Property Details | No Agent List