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$724,000

NAL Estimated Property Value

724 Canongate Dr, Flower Mound, TX, 75022

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,259 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$227.06 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Convection Oven, Double Oven, Refrigerator, Vented Exhaust Fan, Wine Cooler
FlooringCarpet, Ceramic Tile, Wood, Stone

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen, Outdoor Grill
Lot Size8,050 sqft

Building Information

Year Built1998
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR172467
Lot Number21
SubdivisionWoodlake Estates Ph 2
Land UseResidential
Legal DescriptionWOODLAKE ESTATES PH 2 BLK F LOT 21
Census Tract021756
Assessed Land Value$170,170
Assessed Improvement Value$513,335
Assessment Year2025

About this property

Stunning 4-bedroom, 3.5-bath home located in the highly sought-after Woodlake Estates community of Flower Mound! This beautifully maintained property offers an ideal blend of comfort, space, and modern updates. Step inside to soaring ceilings, abundant natural light, and an open layout perfect for both daily living and entertaining. The spacious kitchen features stainless steel appliances, ample counter space, and a breakfast nook overlooking the backyard. The inviting living room boasts a cozy fireplace and seamless flow into the dining areas. The primary suite is conveniently located on the main floor, offering a spa-like bathroom with dual vanities, soaking tub, and walk-in closet. Kitchen features JennAir appliances, 2 built in wine beverage fridges and a beautiful John Boos butcher block island. Downstairs offers 2 living areas, a formal dining room, a spacious master bed and an office. Low maintenance backyard features a sparking pool, built in grill, a green egg, aluminum pergola and gated drive way that offers privacy and safe area for play. Upstairs includes three additional bedrooms, each generously sized, along with a versatile game room or second living space. Step outside to a private backyard with a covered patio & POOL—perfect for relaxing or hosting gatherings. Located minutes from Flower Mound schools, community amenities, shopping, parks, and trails. Walking distance to Grapevine Lake & Lakeside Center! Move-in ready and truly a must-see!

Investor Tools

Property Icon
$724,000
Estimated Property Value
$472,443Estimated Mortgage Balance
$251,557Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,440 /month
Positive
Cash Flow Estimate:
$1,480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,088/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,440
$683,505
2025
$170,170
$513,335
$683,505
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,440
$683,505

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$474,500
No
First
Feb 27, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$472,443
$251,557
34%
65%
$2,845/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$2,945/mo
+$15/mo
4.9%

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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724 Canongate Dr | Property Details | No Agent List