Suburb Spotlight: Flower Mound, TX

Posted by on Tuesday, August 26th, 2014 at 2:29pm

In Flower Mound, TX in the DFW area, the population is approximately 67,825 people with an annual median household income of $112,000. With some of the best public schools in the DFW metroplex and beautiful neighborhoods, this is a wonderful place to live. It is located northwest of Dallas and the name comes from a 12.5-acre mound in the southern portion of the town. It is located near DFW Airport and major highways.

Homes in Flower Mound

The average cost of building a new home in Flower Mound will range $300,000 up to over $2 million if customer building a luxury home. Previously owned homes in the area have decreased in sales over the past year, although this year those sales are beginning to pick up again.

For those looking for a luxury home that is previously owned, the average price is $500,000. A study showing the cost of purchasing a previously owned single-family home in the spring of 2014, shows that the average price is $300,000 and average size being 2,920 square feet and average age is 19.2 years old.

Neighborhoods

The beautiful neighborhoods of Flower Mound include many luxury neighborhoods,

  • Bella Lago – over 60 homes starting at $650,000
  • Chimney Rock – 50 homes starting at $700,000
  • Bridlewood -1,250 homes starting at $270,000
  • Emerald Bay- 55 homes starting at $530,000
  • Chaeau Du Lac -30 homes starting at $1.6 million

Schools

The Flower Mound public schools are ranked some of the best in the DFW metroplex and are part of the Lewisville Independent School District. Covering some of the subdivisions are the Denton Independent School District, Argyle Independent School District, and Northwest Independent School District.

Flower Mound’s population density is 1,525 residents per square miles. It has had the title of the Second-Fastest Growing City in Texas since the 1990s and here you will find a low tax rate and excellent school system. Residents here can enjoy water sports, camping, hunting, and sailing since it’s located between Lewisville Lake and Lake Grapevine. Frommer’s 2006 edition named Flower Mound as the fifth Best places to Raise Your Family and Top Affordable Communities in the US.   

Leave A Comment

Format example: yourwebsitename.com

What's My DFW Home Worth? @214.764.4124 OR FIND OUT NOW!

FREE CMA