Set on two scenic acres in Flower Mound and zoned to highly
regarded Argyle ISD, this distinctive 4-bedroom, 4.5-bath home
offers privacy, flexibility, and resort-style living. A thoughtful
layout includes two primary suites, an ADA-accessible bath, a
dedicated wine room, and a theater with surround sound and stadium
seating. Custom finishes carry throughout the interior, including
hand-scraped wood floors, coffered ceilings, abundant windows,
fresh paint, and two wood-burning fireplaces. The kitchen is
designed for serious cooking and entertaining with double ovens and
a gas cooktop.
Outdoor living is the centerpiece. Relax beside the recently
refinished 9-foot-deep pool and deck area, gather around the
firepit, or entertain beneath the covered pool patio and covered
deck with outdoor kitchen. The backyard overlooks a pond and also
features a treehouse and storage shed, with additional room for a
workshop or storage building. Residents also enjoy a community pond
and access to North Shore Park right behind the property.
Practical features are equally impressive, including all-new
windows installed in 2022, two tankless water heaters, a GM home
battery, EV charger, intercom system, two-car garage with
garage-door screen, mechanic-friendly finishes and climate
controlled gym space, plus an additional four-car carport. A circle
driveway provides generous parking and an inviting approach. This
is a rare opportunity to enjoy acreage, custom amenities, flexible
living spaces, and Argyle schools in a sought-after Flower Mound
setting.
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Interior Features: Built-in Features, Cathedral Ceiling(s), Chandelier, Double Vanity, Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Natural Woodwork, Open Floorplan, Pantry, Smart Home, Sound System, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Built-in Wine Cooler, Cable TV Available, Decorative Lighting, Flat Screen Wiring, Paneling, Wainscoting, Second Primary Bedroom
Appliances: Dishwasher, Disposal, Gas Cooktop, Microwave, Convection Oven, Double Oven, Tankless Water Heater, Vented Exhaust Fan, Plumbed For Gas in Kitchen
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