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Flower Mound 75022 Wellington
4009 Appleton Lane
$435,500
● House - Off Market

4009 Appleton Lane

Flower Mound, TX 75022
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,583 Ft²
$636,609
RealtyHop Estimate
44.72%
Since Aug 1, 2020
TX-Dallas
Primary Model

About This Property

Great home on cul de sac street with a beautiful pool for hot Texas summers and all the amenities of Wellington. Parks, playgrounds, Tennis pools. Just 2.8 miles from Lake Gravine Murrel Park. Home boast granite kitchen counters, all new HVAC systems in 2018, and new roof 2019, high-efficiency pool pump, wood look tile flooring. Master bedroom and study downstairs, 3 bedrooms and game room upstairs. Ready for you to enjoy.
Unit Size
2,583 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$170
Property Type
House
Property Taxes
$640
HOA Dues
$33
Year Built
2001

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

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.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (NTREIS #14377764)

Price History

Date / Event Date Event Price
Jul 31, 2020 Sold
Premium
Sold
Jul 1, 2020 Listed by Kevin Lewis Properties $439,900
Listed by Kevin Lewis Properties

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2005
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 452
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 6,008
  • Total Building Area: 3,035
  • Gross Building Area: 3,035
  • Building Area: 2,583
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,583
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WELLINGTON OF FLOWER MOUND PH 9
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: WELLINGTON OF FLOWER MOUND PH 9 BLK 7 LOT 27

Neighborhood

  • School District Name: Lewisville Independent School District
  • Census Tract: 021752

Geography

  • Assessors Map Reference: 626-L
  • Parcel: R225705
  • Block: 7
  • Lot: 27
  • Municipality: TOWN OF FLOWER MOUND
  • Latitude: 33.0353
  • Longitude: -97.0926

    Address

  • Full Address: 4009 Appleton Ln
  • Address - House Number: 4009
  • Address - Street Name: Appleton
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Flower Mound
  • Carrier Code: R082
  • 4-Digit Zip Code: 2937
  • Zip Code: 75022

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $844,918
  • Tax Rate Code Area: S09

    Appraisal Valuation

  • Standard Deviation: 0.1914
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 618,431
  • High Value: 736,853
  • Low Value: 500,009

    Market Valuation

  • Market Total Value: $610,788
  • Market Land Value: $132,176
  • Market Improvement Value: $478,612

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $495,006
  • Assessed Land Value: $132,176
  • Assessed Improvements Value: $478,612

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 31, 2020
  • Current Sale Recording Date: Aug 04, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2020-115307
  • Previous Sale Recording Date: Jun 10, 2013
  • Previous Sale Contract Date: Jun 07, 2013
  • Previous Sale Amount: $321,400
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Wellington

Stats & Trends

Median Asking:

$685,000

Sale Price/ft²

$232

Below Asking

0.02%

Average Days on Market

44

Average Home Size

3061 ft²

Average Home Age

24.9 years

Currently For Sale

17 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 4108 Riverside Drive, Flower Mound, TX, 75028

$3,250 /mo

  • 3 Beds
  • 2 Baths
  • 2,095 ft²
4108 Riverside Drive, Flower Mound, TX, 75028 Listing by Mark Nolan
Unit for rent at 2217 Steppington Avenue, Flower Mound, TX, 75028

$2,950 /mo

  • 4 Beds
  • 2 Baths
  • 2,603 ft²
2217 Steppington Avenue, Flower Mound, TX, 75028 Listing by Chelsea Holguin

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Kevin Lewis, Kevin Lewis Properties
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14377764
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 4009 Appleton Lane built and last sold?
The property at 4009 Appleton Lane was built in 2001 and last sold on Jul 31, 2020 for $507,100.
How much is this home worth?
The estimated value of the home located at 4009 Appleton Lane is $451,355.
What are some comparable homes to 4009 Appleton Lane?
There are currently no comparable homes to 4009 Appleton Lane.
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