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$764,000

NAL Estimated Property Value

6506 Burning Tree Dr, Flower Mound, TX, 75022

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,470 Sq Ft
price_per_sqft$257.04 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Tile, Wood

Exterior

Lot Size1.02 acres

Building Information

Year Built1980
Stories1
Roof Type127
Garage Spaces4

Land Information

APNR11798
Lot Number16
SubdivisionLake Hill Estates Sec 1
Land UseResidential
Legal DescriptionLAKE HILL ESTATES SEC 1 BLK C LOT 16
Census Tract020305
Assessed Land Value$221,085
Assessed Improvement Value$429,533
Assessment Year2025

About this property

This incredible one-story home seated on an acre in Lake Hill Estates features estate-style streets and mature trees! This gem lends a flexible floor plan with a third living area featuring a closet and full bath that can be used as a second master bedroom or flex space! Exceptional entertainment space with an open concept in the main living and dining areas. The 4-car carport fits all the cars and toys or makes for a great outdoor entertainment space! The attached garage is perfect for the classics and storage! This home features updated windows, a roof in 2018, and upgraded air conditioning. Make every day your escape as you enjoy the whisper of the trees and the comfort of home!

Investor Tools

Property Icon
$764,000
Estimated Property Value
$662,214Estimated Mortgage Balance
$101,786Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,584 /month
Positive
Cash Flow Estimate:
$1,528 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,072/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,039
$650,618
2025
$221,085
$429,533
$650,618
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,039
$650,618

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Horizon Bank
Conventional
$714,500
No
First
Jun 6, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$662,214
$101,786
13%
87%
$4,284/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,850/mo
$4,284/mo
$-434/mo
6.0%

City: Flower Mound

6506 Burning Tree Dr | Property Details | No Agent List