$695,000
●
House -
Off Market
6612 Lakeside Drive
Flower Mound, TX 75022
4 Beds
0 Bath
2,017 Ft²
$4,196
Est. Monthly
4.38%
Cap Rate
About This Property
Welcome to 6612 Lakeside Drive, your dream home in the heart of
Flower Mound, TX! This Homesteaders dream boasts 4 spacious
bedrooms and 3 beautifully appointed bathrooms, perfect for
families or those who love to entertain. Just two blocks away,
you'll find sandy beach access for the perfect morning walk and
weekend lake activities. The neighborhood is a haven for outdoor
enthusiasts, offering hiking and equestrian trails that weave
through the scenic landscape. Imagine cozy evenings by the stone
wood-burning firepit, creating memories with friends and family.
You will find upgraded finishes throughout the interior of the home
including a fully remodeled bathroom and a 400 sf finished bonus
room above the barn for your art studio or guest quarters. The home
is equipped with a private well and a whole house generator,
ensuring comfort and convenience no matter the season. Whether
you're relaxing in the spacious living areas or exploring the
vibrant community, this home offers a perfect blend of tranquility
and modern living. Don't miss out on this unique opportunity to own
a piece of paradise in Flower Mound!
Unit Size
2,017 Ft²
Days on Market
-
Land Size
0.76 acres
Price per sqft
$352
Property Type
House
Property Taxes
$709
HOA Dues
-
Year Built
1975
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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: 2 years ago (NTREIS #20813195)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 19, 2025 | Sold | ||
| Sold | |||
| Jan 20, 2025 | In contract | - | |
| In contract | |||
| Jan 9, 2025 | Listed by Compass RE Texas, LLC | $710,000 | |
| Listed by Compass RE Texas, LLC | |||
| Oct 16, 2023 | Sold | ||
| Sold | |||
| Aug 23, 2023 | Listed by Fry Realty | $689,900 | |
| Listed by Fry Realty | |||
| | |||
|
Unique property located on a Lake Grapevine accessible peninsula. Situated on a beautifully treed .76 acres that is a 7 min WALK to a sandy beach. 4 years ago the Owners invested over $200k in renovations: Finished out 2nd story of garage with new flooring, fans, air conditioner, windows and storage space. Great gameroom or office! Added a 4th bth and added ensuite Bdr with Bath in main bldg. All bthrms fully updated. New flrs and windows thruout the whole house. Updated appliances in Kit. Newly painted int and ext. Updated door handles, ceiling fans and light fixtures throughout. Removed popcorn ceiling. Spacious Kitchen and Island open to cozy living room with cast iron wood burning stove. 24x37 wrkshp gar, with 3 car covered carport. Protect 6 cars if any hail! Room to park an RV or boat or both. Full House Generac generator for seasonal or storm blackouts! Top Rated Flower Mnd Schools! Enjoy the wild deer, turkeys and many bird species. Quiet & peaceful
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Property Highlights
Garage
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Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Red Bud Point
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Listed by: Jansen Klefeker, Compass RE Texas, LLC
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20813195
Details provided by NTREIS and may not match the public record
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20813195
Details provided by NTREIS and may not match the public record
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