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Flower Mound Real Estate
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Some reasons that looking at homes for sale in Flower Mound may make a lot of sense for you and your family ...
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The town of Flower Mound is located almost entirely in south Denton County along the north shore of Grapevine Lake, a 7,300-acre lake that is a favorite of area sailing and windsurfing enthusiasts. Flower Mound is well known for its hiking, cycling and equestrian trails that run both along the lake and through the town itself. These kinds of amenities, along with great schools, homes and neighborhoods, are some of the many reasons Flower Mound is one of the best places to buy a home in Dallas / Fort Worth.
After experiencing extraordinarily fast population growth in the 1990's, Flower Mound adopted in 2001 a growth management plan that continues to promote economic growth, but slowed residential real estate development to a more manageable pace and reduced residential building density in order to preserve the town's beautiful natural setting and small-town lifestyle.
Flower Mound got its somewhat unusual name when settlers moving into the area during the 1840's discovered an unusual 12.5-acre, 50-foot high mound that was covered with native wildflowers and grasses. This mound, still covered with native wildflowers and grasses, lies near what is now the town center.
What makes Flower Mound the ideal place for business and commercial development, and the ideal place to raise a family?
"Business Week" magazine selected Flower Mound as one of the top 25 suburbs in the United States to live in. A first-rate school system, a wide variety of quality housing options, and a safe family environment that continues to attract hundreds of new families each year. Recreational options are plentiful and include award-winning bike and nature trails, beautiful Lake Grapevine, and two world-class golf courses that attract visitors from across the country and one of only five theatres in the DFW area producing professional shows. Within minutes are Dallas/Fort Worth International Airport, Alliance Airport, Texas Motor Speedway, and the dining, shopping recreation and cultural activities of both Dallas and Fort Worth.
For example, in Flower Mound, between December 1, 2008 and January 7, 2009, 55 homes were sold in all price ranges from $103,500 to $1.3 mil. Thirty-one of those homes (56%) were under $300,000 . The average time on market was 79 days and almost 30% were sold in three weeks or less
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Number of Homes for Sale in Flower Mound
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Flower Mound Homes for Sale: Distribution by List Price
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Source: North Texas Real Estate Information Systems Inc.
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About 320 previously occupied MLS-listed homes now being offered for sale in Flower Mound ... 6 percent more houses currently listed for sale in Flower Mound than a year ago
Buyers looking in lower to middle and upper price ranges finding best selection of homes for sale in Flower Mound ... homes priced at $500,000 and up account for 30 percent of previously occupied, single family homes listed, up from 21 percent of all such listings a year ago ... houses listed for $400,000 to $499,999 account for only about 6 percent of total listings, down from 10 percent a year ago ... about 46 percent of Flower Mound previously occupied houses currently listed for sale priced at less than $300,000
The few new homes now being built in Flower Mound are custom luxury homes offered for sale at prices that range from about $600,000 to more than $2 million
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Compared to previous year sales, the average price of Flower Mound previously occupied, single-family homes sold during the three months October 2008 through December 2008 increased .3 percent
Average sales price of recently sold previously occupied, MLS-listed Flower Mound homes $288,200 ... prices ranged from $70,600 to $1,092,000 ... average house size 2,760 square feet, average price per square foot $104.50 and average house age 14.0 years ... houses sold averaged 64 days on market ...
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Looking for the best places to live in Flower Mound? One of the biggest reasons Flower Mound real estate is so desirable is its terrific neighborhoods. Click on this Flower Mound neighborhoods link for profiles of some of Flower Mound's best and most popular neighborhoods.
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Flower Mound public schools are among the best in the DFW metroplex ... most of these schools are part of the Lewisville Independent School District ... Denton Independent School District serves four subdivisions and Argyle Independent School District serves two subdivisions, all located in northwest Flower Mound ... two subdivisions on the west end of Flower Mound are served by the Northwest Independent School District
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Flower Mound 2007 estimated population 62,350 ... population density 1,410 residents per square mile ... annual turnover in home ownership 7.7 percent ... Flower Mound 2000 annual median household income $95,400 ... 93 percent of residential real estate units owner occupied
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Flower Mound real estate property tax rates for 2008 ranged from 2.07 percent to 2.15 percent of tax appraisal value.
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Approximately 13 miles and 21 minutes drive time from central Flower Mound to DFW International Airport passenger terminals ... 18 miles and 25 minutes to the Las Colinas business center ... 29 miles and 37 minutes to downtown Dallas
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