








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Flower Mound at 713 Sierra Ln, Flower Mound, TX, 75028 listed at $480,000 pairs $5,246/mo rent with a $2,349/mo payment to leave $1,801/mo cash flow. Total monthly income runs $5,246/mo, and annual cash flow reaches $21,612/yr on $159,120 cash to close. Return on cash invested measures 33.49% in year one, and rental yield registers 13.11% at a $480,000 basis. Equity gained on principal adds $3,097/yr, and annual property appreciation at 5% supports $132,615 by year five. Five-year ROI tracks 177% and total cumulative return in cash totals $281,645. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,246/mo property income relative to a $2,349/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1994
8,537 sqft lot
$N/A/sqft
$139 semi-annually HOA
Neighborhood data shown for ZIP Code: 75028, Flower Mound, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,090 (100%) |
| Owner Occupied HU | 13,744 (76.0%) |
| Renter Occupied HU | 3,868 (21.4%) |
| Vacant Housing Units | 478 ( 2.6%) |
| Median Home Value | $534,344 |
| Average Home Value | $587,676 |
Residential
18,143
Single Family
15,492
Multi-Family
2,651
Businesses
1,107
Date | Event | Price |
|---|---|---|
| 2024-08-19 | Listed for sale | $480,000 |
| 2021-04-23 | Sold | N/A |
| 2021-04-03 | Pending sale | $349,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-26 | $8073.56 | 19.01% | $473,000 | 29.64% |
| 2022-08-26 | $6783.95 | 18.93% | $364,858 | 16.32% |
| 2021-08-26 | $5704.11 | -3.19% | $313,669 | 0.43% |



Listed by: Marcy Barkemeyer • Keller Williams Realty
Mls Name: NTREIS
Mls ID: #20703702
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