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$500,000

5201 Alexander Dr, Flower Mound, TX, 75028

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,056 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$243.19 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDouble Oven, Dishwasher, Gas Cooktop, Disposal, Ice Maker, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size10,158 sqft

Building Information

Year Built1988
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR77163
Lot Number5
SubdivisionRoyal Oaks
Land UseResidential
Legal DescriptionROYAL OAKS BLK 3 LOT 5
Census Tract021721
Assessed Land Value$101,600
Assessed Improvement Value$343,424
Assessment Year2025

About this property

Welcome to this beautiful single-family home located in Flower Mound, Texas. Perfectly designed for both comfortable everyday living and effortless entertaining, this residence offers an exceptional layout in one of the Metroplex’s most desirable communities. The Home & Garage: Features three spacious bedrooms and two full bathrooms, this home provides ample space & privacy. The versatile floor plan boasts two distinct living areas, giving you the flexibility for a formal sitting room, a cozy family den, a dedicated media space. Hosting gatherings is a breeze with two dining areas, including a casual breakfast nook & a formal dining room. A major highlight of this property is the rare & highly desirable 3-car garage, providing massive space for vehicles, a home workshop, or extra storage. Your Backyard Oasis: Step outside into your private retreat, highlighted by a sparkling swimming pool. Whether you are cooling off on a hot Texas summer day, lounging poolside with a book, or hosting weekend barbecues, this outdoor space is destined to be your favorite escape. Located in a highly sought-after neighborhood, this home offers access to the prestigious Lewisville Independent School District (LISD). Families will appreciate the proximity to Flower Mound’s top-rated, award-winning schools, known for excellence in both academics and extracurricular programs. Airport Proximity: An ideal location for airline professionals, frequent travelers, or anyone working at DFW International Airport, offering a remarkably short and stress-free commute. Enjoy Flower Mound's famous outdoor lifestyle with quick access to scenic local parks, walking trails, and nearby Grapevine Lake. Minutes away from a vibrant selection of close restaurants, casual eateries, and premium retail centers. Conveniently positioned near major highways, ensuring quick connectivity to Dallas, Fort Worth, and the rest of the DFW Metroplex. Don't miss the chance to make this exceptional property your next home!

Investor Tools

$39,810Estimated Mortgage Balance
$405,214Estimated Equity
91% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

Interested in this property?

Ron Hernandez

WILLIAM DAVIS REALTY

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$540/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,253
$445,024
2025
$101,600
$343,424
$445,024
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,253
$445,024

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Coldwell Banker Home Loans
Stand Alone Second / Subordinate Position
$85,000
No
First
Aug 28, 2006
Sep 2021

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$39,810
$405,214
91%
9%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,950/mo
N/A
+$2,950/mo
8.0%

City: Flower Mound

5201 Alexander Dr | Property Details | No Agent List