3694 Green Meadow Ln · Flower Mound, TX
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 5/10 · Moderate
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 7/10 · Major
- Hot days now (above 109°F)
- 7 days/yr
- Hot days in 30 yrs
- 22 days/yr
Wind risk 4/10 · Minor
- Chance of severe wind over 30 yrs
- 24.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 4 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the F grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- ARV discount +7.4/15.0
- Schools +4.7/10.0
- Livability +3.6/5.0
- Cash flow +3.5/30.0
- Condition / age +2.5/5.0
- Rent growth +2.2/5.0
- 1% rule +0.0/10.0
- DSCR +0.0/10.0
- Appreciation +0.0/10.0
$769,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
CANCELLED OPEN HOUSE FOR SUNDAY MAY 31ST. .. Tucked beneath a canopy of mature trees on nearly 2 private acres in one of Flower Mound’s most coveted settings, this rare corner-lot property delivers the kind of privacy, character, and lifestyle that buyers search for but rarely find. With a winding U-shaped driveway, towering trees, expansive green space, and an 8' deep sparkling pool, 3694 Green Meadow Lane feels like a private retreat just minutes from Grapevine Lake, shopping, dining, parks, and major commuter routes throughout DFW. This spacious one-story home offers over 2,800 square feet with a flexible layout designed to fit a variety of lifestyles. Featuring either 3 bedrooms p
Key facts
- Private acres
- Flexible layout
- Mature landscaping
Tags
Property features AI
Finance
- Other: No municipal utility district
- Financial info: Listing accepts Cash, Conventional, FHA, and VA financing
- HOA & community: No homeowners association
Exterior
- Parking: Attached garage; 3 covered/garage parking spaces; Driveway and circular driveway; Garage faces side
- Security: Smoke detectors installed; Audio and video surveillance present
- Utilities: City water; Electricity connected; Septic system
- Home design: Single-family residence; One story; Residential property
- Construction: Built in 1968 (preowned); Brick, concrete, and wood construction; Slab foundation; Shingle/composition roof
- Exterior features: Covered patio/porch; Fenced pool area; In-ground pool; Back yard fencing (metal, partial, wrought iron); Landscaped grounds with many trees; Corner lot; Cleared and partially wooded vegetation
Interior
- Kitchen: Dishwasher; Disposal; Electric cooktop; Electric oven; Water line to refrigerator
- Bedrooms: 4 bedrooms (all on one level); Primary bedroom on main level
- Flooring: Carpet; Tile
- Bathrooms: 2 full bathrooms
- Heating & cooling: Central heating (electric); Fireplace(s) provide supplemental heat; Central air conditioning; Ceiling fans
- Interior features: Built-in features throughout; Eat-in kitchen with breakfast bar; Kitchen island; Pantry; Tile counters; High-speed internet available; Paneling; Window coverings
- Laundry & utility: Laundry on main level; Full-size washer/dryer area
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/2.0-bath single-family listed at $770k.
Deal economics
- At list price, monthly cash flow is $-2k ($-28k/yr) — negative.
- To cash-flow at today's rent, offer at most $359k (53.4% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $342k (55.5% below list).
- Recommended offer: $342k (55.5% below list) — sets the bar for 1% rule.
Location & tenants
- Location reads 71/100 on livability (#317 in TX) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F, cost of living F.
- Lewisville ISD (suburban): math 49% / reading 54% proficiency, ranked #109 of 826 in TX (top 13%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
- Zoned schools: Liberty El (math 75% / reading 76%, grade A, #73 of 4,322 statewide, top 2%, 593 students, 7% FRL); Mckamy Middle (math 73% / reading 75%, grade A, #41 of 1,662 statewide, top 3%, 805 students, 5% FRL); Flower Mound H S (math 82% / reading 86%, grade A, #19 of 1,632 statewide, top 1%, 3,542 students, 7% FRL) — zoned schools average 6% FRL vs 26% district-wide (19 pts lower); this property's tenant base skews higher-income than the district average.
- Zoned-school proficiency averages 78% at this address vs 52% district-wide (+26 pts) — the actual schools serving this property are materially stronger than the Lewisville ISD average implies; a family-tenant draw the district grade alone would hide.
- Market conditions: Rents soft (-1.2%/yr); 217 active listings in the ZIP; 1 comparable units currently listed for rent nearby; high-income renter base; 10,531 units permitted in Denton County in 2024 (2,713 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $5k of loan paydown is wiped out by about $23k of value loss. Plan a longer hold.
- Denton County population projected at +66% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- Only 11 days on market — expect competitive offers; lowballing is unlikely to land.
Risks & watch-outs
- Climate carrying-cost: moderate wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- Built in 1968 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 0.44% ✗
- Cap rate
- 2.67%
- Cash-on-cash
- -12.95%
- DSCR
- 0.42
- GRM
- 18.7
CMA / ARV
- ARV (on-the-fly)
- $768,258
- Comps found
- 3
Show comp detail 3 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 3213 Indian Trl | 0.44mi | 3/2.0 (-1) | 2,250 (+2%) | 4mo | $800,000 | $356 | 68 |
| 3412 Shady Oaks Dr | 0.23mi | 3/2.0 (-1) | 1,989 (-10%) | 1mo | $691,000 | $347 | 67 |
| 3625 High Rd | 0.13mi | 4/2.0 | 2,425 (+10%) | 23mo | $545,000 | $225 | 59 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 0.0% rent growth · sell at horizon
- IRR
- -43.4%
- Equity multiple
- -0.31×
- Total profit
- $-283,125
- Equity at exit
- $114,795
- IRR
- -95.0%
- Equity multiple
- -1.21×
- Total profit
- $-476,676
- Equity at exit
- $66,567
Cash invested: $215,572 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 87 Strongly Landlord-Friendly
- State Texas
- 87 Strongly Landlord-Friendly · R+5
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 75022
- Home prices YoY
- -18.4%
- Rents YoY
- -1.2%
- Active inventory
- 217
- Price-to-rent
- 18.7×
Monthly cashflow live
- Estimated rent
- $3,425 medium interval (Pro) →
- Mortgage (P&I)
- −$4,037
- Tax from tax record
- −$674 /mo · $8,092/yr
- Insurance
- −$321
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$719
- Net cashflow
- $-2,327
Break-even live
Sensitivity live
| Price | -10% $-1,891 | -5% $-2,109 | +0% $-2,327 | +5% $-2,545 | +10% $-2,763 |
|---|---|---|---|---|---|
| Rent | -10% $-2,598 | -5% $-2,462 | +0% $-2,327 | +5% $-2,192 | +10% $-2,056 |
| Rate | -1.0pp $-1,939 | -0.5pp $-2,131 | base $-2,327 | +0.5pp $-2,526 | +1.0pp $-2,729 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $192,475
- Closing costs
- $23,097
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 1 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 3901 High Rd Flower Mound, TX | 4.0 | 4.0 | 3000 | $4,100 | $1.37 | 24d | 1 | 0.30mi |
Listing history 5 events
-
2026-06-03status $769,900 Pending 11 DOM
-
2026-06-02days on market $769,900 Active 11 DOM
-
2026-06-01days on market $769,900 Active 10 DOM
-
2026-05-31days on market $769,900 Active 9 DOM
-
2026-05-22$769,900 Active
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast TX · Resets to sale price
- Current annual tax
- $8,092 · $674/mo
- Projected year-2 tax
- $14,089 · $1,174/mo
- Expected delta
- +$5,997/yr (+$500/mo · 74.1%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 5/10 Major
- Heat 7/10 Severe 7 d/yr ≥109°F today · 22 d/yr by 30 yrs out
- Wind 4/10 Moderate 24% chance of damaging wind over 30 yrs
- Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $41,098
- − Mortgage interest
- −$43,126
- − Property taxes
- −$8,092
- − Insurance
- −$3,850
- − Repairs & maintenance
- −$3,288
- − Management
- −$3,288
- − Depreciation
- −$22,397
- Taxable loss
- −$42,943
- Est. tax savings @ 24.0%
- +$10,306
- After-tax cash flow
- $-17,617/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Lewisville ISD
- NCES district ID
- 4827300
- Math proficiency
- 49% ▼ -10.00%
- Reading proficiency
- 54% ▼ -4.00%
- Median HH income
- $82,351
- Composite
- 47.1/100
- National rank
- #2333
- State rank
- #109 of 826 in TX
Livability — Flower Mound
- Score
- 71/100
- State rank
- #317
- US rank
- #7074
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Flower Mound, TX
- County
- Denton County · 901,654 people
- City population
- 75,184
- Metro
- Dallas-Fort Worth-Arlington, TX
- Population (ZIP)
- 26,090
- Household income
- $177,357
- Rent vs Own
- Severe rent burden
- 329.0
Population outlook (Denton County) Hauer SSP2
- Today (2025)
- 1,053,010 people
- By 2030
- 1,192,269 · +13.2%
- By 2040
- 1,472,920 · +39.9%
- By 2050
- 1,746,506 · +65.9%
- By 2075
- 2,358,497 · +124.0%
- By 2100
- 2,779,183 · +163.9%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.55)
- Race & ethnicity
- White 63% Asian 16% Hispanic / Latino 15% Two or more races 6% Black 3%
- Hispanic origin (detail)
- Mexican 12%
- Common ancestry
- Italian 4% Lithuanian 3% Slovak 2%
- Foreign-born
- 18% · Canada, South Korea, China
- Languages at home
- 75% English-only · Spanish 10% Other Indo-European 5% Korean 3%
Political lean MEDSL · Denton
- 2024 margin
- R (+13.2) · D 42.7% · R 55.8% · Other 1.5%
- 2008→2024 swing
- +11.0pp toward D · 2008: -24.2pp · 2024: -13.2pp
- All cycles
- 2024: R+13.2 2020: R+8.1 2016: R+20.2 2012: R+31.7 2008: R+24.2
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -61.94%
- Current HPI
- 275.2094
- Rent YoY
- ▼ -1.24%
- Metro
- Dallas-Fort Worth-Arlington, TX
- State GDP YoY
- ▲ 3.95%
- F500 in state
- 110
Industry mix (Fortune 500 HQ in TX)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Energy | 16 | $1,198B |
|
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| Technology | 5 | $198B |
|
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| Engineering / Construction | 4 | $72B |
|
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| Energy Services | 3 | $60B |
|
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| Utilities | 3 | $41B |
|
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| Healthcare | 2 | $330B |
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Price history
2 events — show timeline
- 2026-06-02 Pending — NTREIS
- 2026-05-22 Listed $769,900 NTREIS
Property tax history
+3.2%/yrLatest (2025): $8,092 · +7.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…