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$426,000

NAL Estimated Property Value

701 Teakwood Drive, Flower Mound, TX, 75028

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,824 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.29 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size7,200 sqft

Building Information

Year Built1992
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR153111
Lot Number16
SubdivisionLake Bluff Subd
Land UseResidential
Legal DescriptionLAKE BLUFF SUBD BLK G LOT 16
Census Tract021729
Assessed Land Value$85,120
Assessed Improvement Value$305,901
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED highest & best by Monday 4-15 at 10:00AM. AMAZING single story gem in heart of Flower Mound! Step inside and be prepared to be WOWED! EXCELLENT, well thought-out floorplan! Oversized family room with vaulted ceilings & a cozy floor to ceiling gas brick fireplace. The kitchen is light & bright featuring stainless steel appliances, gas cooktop, island, tons of cabinets & counterspace, even has a built in desk and a window over the sink! Escape to your spacious master suite complete with dual sinks, garden tub, separate shower, skylight & walk-in closet. Secondary bedrooms are split from the master with their own walk-in closets. BONUS: sunroom retreat overlooks the large backyard!

Investor Tools

Property Icon
$426,000
Estimated Property Value
$315,009Estimated Mortgage Balance
$110,991Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,556 /month
Positive
Cash Flow Estimate:
$852 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$770/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,115
$391,021
2025
$85,120
$305,901
$391,021
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,115
$391,021

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Fha
$343,660
Yes
First
Dec 15, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$315,009
$110,991
26%
74%
$2,061/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,950/mo
$2,061/mo
+$889/mo
8.3%

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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701 Teakwood Drive | Property Details | No Agent List