For SaleRisky Deal83 days on market
1904 Sumac Dr
1904 Sumac Dr, Flower Mound, TX 75028, Flower Mound, TX 75028
$590,000
Estimate®:$582,300
Listing Price
1904 Sumac Dr, Flower Mound, TX 75028
Loc: Flower Mound, TX
Days Listed
83
Tax Assessed
$523k
Estimate®
$582k
Market Rate
Lot Size
6,882 sqft
Rent Estimate
$3,380/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.
10
Bluebonnet Elementary School
PK-5
0.1 mi away
10
Shadow Ridge Middle School
6-8
0.2 mi away
9
Flower Mound High School
9-12
2.8 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
open floor planmodern ranchvaulted ceilingshardwood floorsgourmet kitchenkitchen islandcozytransitionalspaciousneutral palettenatural lightbright and airycontemporaryintegrated living space
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.10%
Total ROI
26.2%
Cash Flow
$-1,539/mo
DSCR
0.50
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,539/mo net cash flow with a 3.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Flower Mound, TX
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-18 | Price change | $590,000 | $270 |
| 2026-09-03 | Price change | $600,000 | $275 |
| 2026-08-20 | Price change | $615,000 | $281 |
| 2026-08-08 | Price change | $625,000 | $286 |
| 2026-07-22 | Price change | $635,000 | $291 |
| 2026-07-02 | Listed for sale | $645,900 | $296 |
| 2018-12-04 | Sold | $0 | – |
| 2018-11-10 | Price change | $340,000 | $156 |
| 2018-09-22 | Price change | $349,900 | $160 |
| 2018-08-29 | Price change | $350,000 | $160 |
| 2018-08-18 | Price change | $355,000 | $162 |
| 2018-07-31 | Listed for sale | $365,000 | $167 |
| 2016-04-29 | Sold | $0 | – |
| 2016-04-03 | Pending sale | $298,400 | $137 |
| 2016-03-29 | Listed for sale | $298,400 | $137 |
| 2011-03-08 | Listing removed | $250,000 | $114 |
| 2011-02-24 | Listed for sale | $250,000 | $114 |
| 2010-10-25 | Sold | $0 | – |
| 2010-09-04 | Listed for sale | $250,000 | $114 |
| 2010-07-24 | Listing removed | $250,000 | $114 |
| 2010-07-11 | Listed for sale | $250,000 | $114 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $6,867.92 | $523,226 |
| 2024 | $6,774.58 | $481,193 |
| 2023 | $6,080.85 | $437,448 |
| 2022 | $6,707.31 | $397,680 |
| 2021 | $6,626.12 | $361,527 |
| 2020 | $6,679.5 | $351,753 |
| 2019 | $6,426.08 | $340,000 |
| 2018 | $6,631 | $320,000 |
| 2017 | $5,981.01 | $310,000 |
| 2016 | $5,981.01 | $300,654 |
| 2015 | $5,364.33 | $280,244 |
| 2014 | $5,364.33 | $255,273 |
| 2013 | $5,364.33 | $255,605 |
| 2012 | $0 | $235,714 |
| 2011 | $0 | $244,187 |
| 2010 | $0 | $243,848 |
| 2009 | $0 | $244,032 |
| 2007 | $4,603.18 | $208,871 |
| 2006 | $4,677.19 | $200,419 |
| 2005 | $4,859.86 | $207,127 |
| 2004 | $0 | $204,670 |
| 2003 | $0 | $204,958 |
| 2002 | $0 | $178,872 |
| 2001 | $0 | $177,541 |
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