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B+
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$549,900

901 Drake Trl, Flower Mound, TX, 75028

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,183 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$251.9 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Cooktop
FlooringCarpet, Concrete, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit, Private Yard, Garden
Lot Size9,496 sqft

Building Information

Year Built1993
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR166460
Lot Number6
SubdivisionTealwood Oaks Ph 1
Land UseResidential
Legal DescriptionTEALWOOD OAKS PH 1 BLK I LOT 6
Census Tract021729
Assessed Land Value$105,016
Assessed Improvement Value$402,411
Assessment Year2025

About this property

Welcome to a true sanctuary nestled in the heart of Flower Mound. This exquisite single-story residence, gracefully positioned on a verdant corner lot, beckons with elegance and tranquility. Step inside to discover the allure of stained concrete floors that seamlessly guide you through the home’s refined interiors. The gourmet kitchen is a culinary artist’s dream, featuring lustrous granite countertops, a spacious island, and modern stainless steel appliances. Its open design effortlessly flows into the family room, creating an ideal space for intimate gatherings or festive celebrations, highlighted by a see-through fireplace that exudes warmth and charm. Retreat to the oversized primary suite, where a spa-like bathroom awaits, boasting a seamless glass shower, a luxurious soaking tub, and a generous walk-in closet, offering both opulence and functionality. The additional bedrooms are equally spacious, accommodating king-sized beds with ease and providing abundant relaxation space. Venture outdoors to find a private oasis. The heated pool and spa invite you to unwind, while the ample lounging area and outdoor firepit promise countless evenings of stargazing and serenity. For those with adventurous spirits, the property is thoughtfully equipped with a large storage shed and a double gate, perfect for storing boats or additional vehicles. Experience the perfect blend of elegance and comfort at 901 Drake Trail, where every detail has been meticulously crafted to offer an unparalleled living experience.

Investor Tools

Property Icon
$547,000
Estimated Property Value
$509,900Estimated Mortgage Balance
$41,544Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,299 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$480/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,029
$507,427
2025
$105,016
$402,411
$507,427
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,029
$507,427

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Airlines Fcu
Conventional
$509,900
No
First
Nov 19, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$505,456
$41,544
7%
92%
$3,058/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,850/mo
$3,308/mo
+$542/mo
8.4%

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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901 Drake Trl | Property Details | No Agent List