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A+
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$912,000

6504 Cardinal Dr, Flower Mound, TX, 75022

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,429 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$208.52 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Purifier, Dishwasher, Disposal, Electric Range, Microwave, Vented Exhaust Fan, Warming Drawer
FlooringCarpet, Ceramic Tile, Concrete

Exterior

Exterior FeaturesRain Gutters, Lighting, Garden
Lot Size1.36 acres

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR12797
Lot Number1
SubdivisionCardinal Estats
Land UseResidential
Legal DescriptionCARDINAL ESTATS BLK A LOT 1
Census Tract020305
Assessed Land Value$273,005
Assessed Improvement Value$396,209
Assessment Year2025

About this property

Seize this unique chance to acquire this property. With country charm and city conveniences. Prime location blocks from Lake Grapevine with over an acre; lot size is 1.35 in a tranquil cul-de-sac. This home is priced to sell AS-IS! The house needs a complete remodel; get to work and design it to your preference. The custom 1-story home was built in 1977 with one owner and maintained well. The interior presents multiple living areas, 2 offices, 4 bedrooms, and vaulted ceilings. An oversized 2-car detached garage with floored spacious attic above with a covered walkway and storage shed. Spacious patio with several large trees, including the largest certified BoisD'Arc tree in Flower Mound. Opportunity to have an animal on the property, as deed restrictions allow if desired. Newer HVAC & ground-mounted Solar Panels to convey with the property, currently saving hundreds of dollars monthly. Half-acre lots are being sold nearby for $350k.Bring your dreams to reality!

Investor Tools

Property Icon
$912,000
Estimated Property Value
$552,000Estimated Mortgage Balance
$388,582Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,472 /month
Positive
Cash Flow Estimate:
$1,824 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$667/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,443
$669,214
2025
$273,005
$396,209
$669,214
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,443
$669,214

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$552,000
No
First
Jul 10, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$523,418
$388,582
42%
57%
$3,310/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,850/mo
$3,310/mo
+$540/mo
5.1%

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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6504 Cardinal Dr | Property Details | No Agent List