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$384,000

724 Teakwood Dr, Flower Mound, TX, 75028

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,508 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.59 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

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, Vented Exhaust Fan
FlooringCarpet, Laminate, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size7,366 sqft

Building Information

Year Built1991
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR153161
Lot Number36
SubdivisionLake Bluff Subd
Land UseResidential
Legal DescriptionLAKE BLUFF SUBD BLK H LOT 36
Census Tract021729
Assessed Land Value$85,596
Assessed Improvement Value$303,459
Assessment Year2025

About this property

Cute move in ready 1 story home available now. NEW PAINT and FLOORING!! This adorable home is nestled in the heart of Flower Mound. Features splits bedrooms, primary on right side of house, secondary rooms on the left. Large island kitchen, granite countertops, stainless steel appliances, gas stove, and pretty views to backyard. Large living open to dining, could be study or computer area. Vaulted ceilings and art niche, Primary bedroom has large closet, and bath with separate shower and tub. Fenced yard.

Investor Tools

Property Icon
$384,000
Estimated Property Value
$122,290Estimated Mortgage Balance
$274,474Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,304 /month
Positive
Cash Flow Estimate:
$768 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$606/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,350
$379,200
2025
$85,596
$303,459
$389,055
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,350
$379,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pilgrim Mortgage Llc
Conventional
$122,290
No
First
Dec 16, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$109,526
$274,474
71%
29%
$734/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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724 Teakwood Dr | Property Details | No Agent List