Flower Mound, TX Multifamily Homes & Duplexes for Sale

Grapevine Lake stands as a centerpiece for outdoor recreation in Flower Mound, Texas, providing extensive opportunities for boating, fishing, and watersports. The surrounding parkland includes Murrell Park on the north shore, where residents enjoy camping, picnicking, and access to the popular Northshore Trail for hiking and mountain biking. The town features over 54 public parks spanning more than 1,000 acres, including Heritage Park with its disc golf course and splash pad, plus Twin Coves Park offering lakeside camping and cabin rentals. Local dining highlights include Prime Farm to Table, which sources local ingredients for its daily changing menu, and 1845 Taste Texas, a steakhouse celebrating Texas culture through its cuisine and décor. The real estate landscape in Flower Mound includes diverse options across several established neighborhoods. The median sale price for homes is $600,000, with single family homes in premium areas like River Oaks commanding a median price of $1.4 million. Bridlewood maintains a median price of $1,042,000 for single family homes, while more moderate options exist in Prairie Creek with a median of $410,000. Townhomes show a median price of $525,000, while condos range from a median of $995,000 for one bedroom units to $2,245,000 for two bedrooms. Property taxes in Flower Mound reflect a 1.72% effective rate in Denton County, matching neighboring Lewisville and Highland Village, while nearby Grapevine in Tarrant County shows a slightly higher rate at 1.77%. The town benefits from no state income tax and maintains a combined sales tax rate of 8.20%. Education excellence shows in the highly rated public schools, including Flower Mound High School and Marcus High School, both receiving A+ ratings. Commuters appreciate the location 28 miles northwest of Dallas and 25 miles northeast of Fort Worth, with convenient access to Dallas/Fort Worth International Airport just 10 miles south.