On this page you will find popular searches in the beautiful city of Flower Mound, TX. Hello, my name is Sherien Joyner, Realtor, GRI, and live in Carrollton, Texas. I work in the North Dallas area so of course, Flower Mound Texas, whose motto is “The Mound”, is a place I know well and love.
I have put together a list of popular home searches for Flower Mound TX. Just click on the links below and you will be taken to my IDX.
There you can see all the houses that are currently on the market based on each of the search criteria.
Flower Mound has been a popular destination for families for a long time. Here is an article called “Is Flower Mound a good place to live?” to see why.
Feel free to look around and mark any home you may be interested in. Also, if you are looking to search the entire Dallas metroplex or new housing, just click on either of the buttons below.
I have put together a comprehensive home buyer’s guide just for you.
The Flower Mound Community
Flower Mound, Texas is a vibrant community filled with natural beauty and a strong sense of community.
Highlights include its stunning parks and trails, top-rated schools, a thriving local economy, and numerous events that bring residents together, making it an ideal place to live and connect with others.
Flower Mound City Median Listing Home price
| Minimum | Median | Max |
|---|---|---|
| $225k | $740.44K | $8.75m |
Cost of housing in The City of Flower Mound, Texas
In July 2023, the median home price in Flower Mound, Texas increased by 9.1% to $599,999, with a median price per square foot of $230. Compared to the Texas and national averages, the cost of living in Flower Mound is 30% and 20% higher, respectively, with housing expenses being 17% higher than the national average.
While utility prices are 18% higher than the national average, transportation expenses are 1% lower.
Cost of renting in The City of Flower Mound, Texas
The median rent in Flower Mound, Texas is $2,412 and has decreased by 0.9% from last year.
The average rent for a 1-bedroom apartment has gone up by 11% from the previous year and is now $1,564.
The rent for apartments in Flower Mound typically ranges from $1,030 to $2,043 and can vary based on location, size, and quality.
For instance, a 754 sq ft apartment costs $1,658 per month, while a 1,395 sq ft apartment costs $2,630 per month. The average cost of living in Flower Mound is $2,111, which is relatively high when compared to the state average of $1,261.
| Flower Mound Home/Apartment Rental Size | Monthly Cost |
|---|---|
| Studio | $1,228 |
| 1 Bedroom | $1,564 |
| 2 Bedroom | $2,400 |
| 3 Bedroom | $2,800 |
| 4 Bedroom | $3,200 |
As a Realtor, GRI, I am here to help you navigate the complex world of financing options for your dream home. Let’s make sure you have the necessary resources to secure the best financing option tailored to your needs. Together, we’ll make your home buying journey as smooth as possible.
Flower Mound, Texas Property Taxes
Property tax in Texas is locally assessed and administered, with no state property tax.
Residents in Flower Mound pay a rate of $0.4050 per $100 valuation, which covers a range of essential services such as police, fire, streets, utilities, parks, and recreation.
In combination with other municipalities’ rates, including Denton County, Tarrant County, and Lewisville ISD, it forms your overall property tax rate.
Visit the Flower Mound Property Tax Information page to view current tax rates for each municipality.
Flower Mound City Homestead Exemption
Flower Mound Town Council has been committed to increasing homestead exemptions in Texas, which reduces property taxes by removing a portion of a home’s value from taxation.
As of June 2023, the new exemption will allow homeowners to choose between the greater of $5,000 or 12.5% of value. Notably, the town has steadily increased homestead exemptions since 2018. In that year, the council approved the initial exemption, allowing for the greater of $5,000 or 2.5% of value.
Subsequently, in 2021, it doubled to the greater of $5,000 or 5%, then doubling again in 2022 to the greater of $5,000 or 10%. These changes have taken effect annually on homeowners’ property tax bills.
Moreover, the town council also increased the over-65 homestead tax exemption in June 2023, allowing married or unmarried persons aged 65 or older by Jan. 1, of the applicable tax year, to have up to a $150,000 exemption of the appraised value.
| City/County Taxes | Tax Rate |
|---|---|
| Flower Mound/Denton County | 0.405000 |
| Flower Mound/Tarrrant County | 0.406682 |
Flower Mound City has generally lower property tax rates
Flower Mound has a reputation for low property taxes as compared to the average rate in Tarrant County.
In 2023, the average property tax rate in Flower Mound was 0.59%, much lower than the county average of 1.92%.
This clearly indicates that Flower Mound homeowners can expect to pay considerably less in property taxes than in other parts of the county.
However, property tax rates vary across ZIP codes in Flower Mound. The 75028 ZIP code has the highest effective rate of 0.59% due to differences in home values. Generally, higher home values correspond with higher property tax rates.
Nonetheless, Flower Mound maintains some of the lowest property tax rates in the county, hence a great option for homeowners seeking to trim property tax costs.
How do they assess the home value for property taxes in Flower Mound, Texas?
All real and personal property in Texas is subject to ad valorem property taxes and is appraised by central appraisal districts within each county.
In the Town, properties are appraised by the Denton CAD and Tarrant CAD.
Additionally, the Denton County Tax Office is contracted to assess and collect ad valorem taxes in the Town.
Flower Mound, Texas Median Household Income
$145,153
City of Flower Mound Population*
78,486
Number of Parks in Flower Mound*
57
Flower Mound City Parks
Flower Mound, Texas boasts of 57 parks that cater to a wide range of interests from neighborhood parks to RV camps, community recreation centers, and senior centers.
These parks offer various amenities such as playgrounds, picnic shelters, basketball courts, cooking grills, and park benches.
Additionally, some of the parks provide sports facilities, including baseball, softball, football, and soccer fields, and tennis courts for public use.
