FOR_SALERisky Deal3 days on market

2909 Purple Sage Dr

2909 Purple Sage Dr, Flower Mound, TX 75028, Flower Mound, TX 75028
$630,000
Zestimate®:$684,600$54,600 Under Market

Listing Price

Property image 1
2909 Purple Sage Dr, Flower Mound, TX 75028
Loc: Flower Mound, TX
Days Listed
3
Tax Assessed
$526k
Zestimate®
$685k
8% Under Valued
Lot Size
7,492 sqft
Rent Estimate
$3,608/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

9

Donald Elementary School

PK-5
0.5 mi away
9

Forestwood Middle School

6-8
0.3 mi away
9

Flower Mound High School

9-12
1.5 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
3.19%
Total ROI
28.2%
Cash Flow
$-1,595/mo
DSCR
0.51
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-08-22Price change$630,000$251
2026-05-27Price change$659,000$263
2026-05-13Price change$669,999$267
2026-04-05Price change$689,999$275
2026-03-01Listed for sale$699,999$279
2024-12-19Sold$0
2024-12-10Pending sale$630,000$251
2024-12-03Contingent$630,000$251
2024-11-26Listed for sale$630,000$251
2017-07-12Sold$0
2017-06-12Pending sale$349,000$139
2017-06-09Listed for sale$349,000$139
2015-09-10Sold$0
2015-07-29Pending sale$319,900$128
2015-07-22Price change$319,900$128
2015-07-13Pending sale$314,900$126
2015-06-30Price change$314,900$126
2015-06-19Price change$322,900$129
2015-06-07Listed for sale$329,899$131

Tax History

YearProperty TaxTax Assessment
2025$8,893.72$525,940
2024$7,194.25$507,122
2023$6,467.35$461,020
2022$7,107.26$419,109
2021$7,001.43$381,008
2020$6,653.7$350,461
2019$6,510.58$344,250
2018$6,612$336,099
2017$6,648.88$320,021
2016$6,648.88$315,500
2015$5,639.8$279,969
2014$5,639.8$267,862
2013$5,639.8$249,584
2012$0$251,481
2011$0$251,481
2010$0$248,547
2009$0$254,768
2007$5,144.22$232,175
2006$5,717.94$266,507
2005$5,622.32$220,567
2004$0$216,523
2003$0$217,190
2002$0$210,029
2001$0$207,147
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
3
Sq Ft
2,509
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $630,000Rent Basis: Observed Comp Model ($3,608/mo)State Tax Benchmark: 1.8% (TX)Hazard Reserve: $315/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
3.19%

NOI: $20,091/yr

Cash-on-Cash Yield
-13.2%

On $144,900 invested

DSCR Ratio
0.51x

Negative debt coverage

5-Yr Leveraged ROI
+28.2%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (1.8% of basis)-$789/mo
Homeowner / Hazard Insurance-$315/mo
Vacancy Reserve (5% of rent)-$180/mo
Repairs & Maintenance (10% of rent)-$361/mo
Property Management (8% of rent)-$289/mo
Total Pure Operating Expenses-$1,934/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,608/mo
Less: Operating Expenses-$1,934/mo
Net Operating Income (NOI)+$1,674/mo
Less: Debt Service (30yr @ 6.75%)-$3,269/mo
Net Cash Flow
$-1,595/mo
$-19,136/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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