NOT LISTED FOR SALE

5501 Lighthouse Dr Flower Mound, TX 75022

The Estates at Tour 18 Neighborhood

Estimated Value: $2,542,000 - $3,042,000

7 Beds
4.5 Baths
6,419 Sq Ft
$429/Sq Ft Est. Value

Last Sold January 31, 2019

Current estimated payment $18,392/month

9 Days on Market

Highlights

  • On Golf Course
  • Tennis Courts
  • RV or Boat Parking
  • Hilltop Elementary School Rated A
  • Cabana
  • Gated Community

About This Home

As of January 2019

This one of a kind exquisite Estate home is nestled in the exclusive, gated community of Tour 18 Estates. This masterpiece is for the person who wants everything! Located in ArgyleISD, and sits on one of the largest lots, is an entertainers dream. You have never seen a backyard like this. Boasting a resort style feel complete with tennis & basketball court, heated & cooled pool, 60x24 cabana, Koi Pond, a river that runs to the pool, garden, kids play area, & more. This home features an open concept w large living, kitchen & dining areas, hardwood floors, custom trim work, burlap plaster, custom paint, wine room, media room, 2 large covered porches, 5 fireplaces, & a study that's unmatched with quality & finish.

Last Agent to Sell the Property

Dave Salisbury

Real Estate Station LLC License #0498568 Listed on: 12/12/2018

Last Buyer's Agent

Susie Fitzgerald

Keller Williams Realty License #0433686

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,847

Year Built

  • Built in 2002

Lot Details

  • 2.14 Acre Lot
  • On Golf Course
  • Wrought Iron Fence
  • Landscaped
  • Sprinkler System
  • Many Trees
  • Private Yard
  • Garden
  • Large Grassy Backyard

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 4 Car Garage
  • 1 Carport Space
  • Workshop in Garage
  • Tandem Parking
  • Epoxy
  • Garage Door Opener
  • Circular Driveway
  • RV or Boat Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Stone Siding

Interior Spaces

  • 6,419 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Dual Staircase
  • Sound System
  • Wired For A Flat Screen TV
  • Dry Bar
  • Wainscoting
  • Vaulted Ceiling
  • Ceiling Fan
  • Decorative Lighting
  • 5 Fireplaces
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Stone Fireplace
  • ENERGY STAR Qualified Windows
  • Plantation Shutters

Kitchen

  • Double Oven
  • Plumbed For Gas In Kitchen
  • Gas Cooktop
  • Microwave
  • Built-In Refrigerator
  • Plumbed For Ice Maker
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Full Size Washer or Dryer
  • Washer
  • Laundry Chute

Home Security

  • Burglar Security System
  • Security Lights
  • Smart Home
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Doors

Pool

  • Cabana
  • Heated Pool and Spa
  • Heated In Ground Pool
  • Gunite Pool
  • Sport pool features two shallow ends and a deeper center
  • Pool Water Feature
  • Pool Sweep
  • Diving Board

Outdoor Features

  • Tennis Courts
  • Sport Court
  • Balcony
  • Covered Deck
  • Covered Patio or Porch
  • Outdoor Living Area
  • Fire Pit
  • Exterior Lighting
  • Rain Gutters
  • Mosquito Control System

Schools

  • Hilltop Elementary School
  • Argyle Middle School
  • Argyle High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Individual Gas Meter
  • Gas Water Heater
  • Aerobic Septic System
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1 / 5
  • Assessor Parcel Number R176105
  • $20,662 per year unexempt tax

Community Details

Overview

  • Association fees include management fees, security
  • Sbb Management HOA, Phone Number (817) 482-1547
  • The Estates At Tour 18 Subdivision
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Golf Course Community

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,847

Year Built

Built in 2002

Lot Details

0

HOA Fees

$250 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structural Style: Single Detached
  • Unit Levels: Two
  • Security: Burglar, Fire Alarm, Security Lights, Security System, Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 241.47063
  • Special Features: None
  • Year Built: 2002

Interior Features

  • Square Footage: 6419.00
  • Windows: Plantation Shutters
  • Fireplace Features: Gas Logs, Gas Starter, Master Bedroom, Stone, Wood Burning
  • Interior Amenities: Built-in Wine Cooler, Cable TV Available, Central Vacuum, Decorative Lighting, Dry Bar, Flat Screen Wiring, High Speed Internet Available, Multiple Staircases, Smart Home System, Sound System Wiring, Vaulted Ceiling(s), Wainscoting, Wet Bar
  • Flooring: Carpet, Ceramic Tile, Wood
  • Appliances: Built-in Refrigerator, Dishwasher, Disposal, Gas Cooktop, Microwave, Double Oven, Plumbed For Gas in Kitchen, Plumbed for Ice Maker, Vented Exhaust Fan, Washer, Gas Water Heater
  • Fireplaces: 5
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 2
  • Other Equipment: Satellite Dish
  • Room Count: 17

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 7

Exterior Features

  • Pool: Yes
  • Foundation: Slab
  • Community Features: Club House, Gated, Golf, Guarded Entrance
  • Fencing: Wrought Iron
  • Roof: Composition
  • Soil Type: Unknown
  • Construction Materials: Brick, Rock/Stone
  • Exterior Features: Balcony, Covered Deck, Covered Patio/Porch, Fire Pit, Garden(s), Rain Gutters, Lighting, Mosquito Mist System, Outdoor Living Center, Private Yard, RV/Boat Parking, Sport Court, Tennis Court(s)
  • Pool Features: Cabana, Diving Board, Gunite, Heated, In Ground, Pool Sweep, Pool/Spa Combo, Sport, Water Feature
  • Waterfront: No
  • Patio And Porch Features: Covered, Deck

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric, Zoned
  • Garage Spaces: 4
  • Carport Spaces: 1
  • Total Covered Spaces: 5
  • Parking Features: Circular Driveway, Covered, Epoxy Flooring, Garage, Garage Door Opener, Oversized, Tandem, Workshop in Garage
  • Attached Garage YN: No
  • GarageYN: Yes

Utilities

  • Heating: Central, Natural Gas, Zoned
  • LaundryFeatures: Electric Dryer Hookup, Laundry Chute, Full Size W/D Area, Washer Hookup
  • Utilities: Aerobic Septic, City Water, Concrete, Individual Gas Meter, Underground Utilities

Condo/Co-op/Association

  • HOA Fee Includes: Management Fees, Security
  • Association Fee: 3000
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: SBB Management
  • HOA Management Company: 817-482-1547

Schools

  • School District: Argyle ISD
  • Elementary School: Hilltop
  • Middle School: Argyle
  • High School: Argyle
  • School District: Argyle ISD
  • Elementary School: Hilltop
  • Intermediate School: Argyle
  • High School: Argyle

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 1 to < 3 Acres
  • Lot Features: Acreage, Landscaped, Lrg. Backyard Grass, Many Trees, On Golf Course, Sprinkler System, Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 2.1400
  • Parcel Number: R176105
  • Lot Size Acres: 2.1400
  • Lot Size Sq Ft: 93218.4000

Green Features

  • Efficiency: Appliances, Doors, HVAC, Windows

Building Info

  • Year Built: 2002

Tax Info

  • Unexempt Taxes: 20662
  • TaxBlock: 5
  • Tax Lot: 1

MLS Schools

  • MiddleOrJuniorSchool: Argyle
  • Middle School Name: Argyle
  • Elementary School Name: Hilltop
  • High School Name: Argyle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2022
Sold by
Boyd Strange Taylor
Bought by
Strange Family Living Trust
Current Estimated Value
$2,750,706

Purchase Details

Listed on
Dec 12, 2018
Closed on
Jan 31, 2019
Sold by
Freeman Otis and Freeman Kimberly
Bought by
Strange Taylor Boyd and Strange Danielle
Seller's Agent
Dave Salisbury
Real Estate Station LLC
Buyer's Agent
Susie Fitzgerald
Keller Williams Realty
List Price
$1,575,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.16%
Original Mortgage
$1,395,000
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 10, 2002
Sold by
Holland Homebuilders Inc
Bought by
Freeman Otis and Freeman Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.09%
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Strange Family Living Trust -- Scheef & Stone Llp
Strange Taylor Boyd -- Integrity Title Company
Freeman Otis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Strange Taylor Boyd $1,395,000
Previous Owner Freeman Otis $872,500
Previous Owner Freeman Otis $1,125,000
Previous Owner Freeman Otis $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2019 01/31/19 Sold -- -- --
12/21/2018 12/21/18 Pending -- -- --
12/12/2018 12/12/18 For Sale $1,575,000 -- $245 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $37,847 $2,375,989 $948,507 $1,501,493
2024 $40,220 $2,159,990 $770,663 $1,389,327
2023 $35,455 $2,114,580 $454,493 $1,855,003
2022 $38,834 $1,922,345 $454,493 $1,521,633
2021 $36,353 $1,747,586 $299,965 $1,447,621
2020 $36,502 $1,682,295 $299,965 $1,382,330
2019 $22,605 $1,004,842 $299,965 $1,410,843
2018 $20,662 $913,493 $299,965 $613,528
2017 $19,866 $880,000 $299,965 $580,035
2016 $19,508 $887,527 $299,965 $587,562
2015 $21,248 $850,000 $299,965 $550,035
2013 -- $856,110 $324,706 $531,404
Source: Public Records

Agents Affiliated with this Home

  • Dave Salisbury

    Seller's Agent in 2019

    Dave Salisbury

    Real Estate Station LLC

    (469) 576-4881

    136 Total Sales

    Dave Salisbury
    Section Image
  • Susie Fitzgerald

    Buyer's Agent in 2019

    Susie Fitzgerald

    Keller Williams Realty

    (817) 203-4919

    106 Total Sales

    Susie Fitzgerald
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 13976258

North Texas Real Estate Information Systems (NTREIS)

APN: R176105

Texas Denton County Flower Mound 75022 The Estates at Tour 18

5501 Lighthouse Dr, Flower Mound, TX

This home is located at 5501 Lighthouse Dr, Flower Mound, TX 75022 since 12 December 2018 and is currently estimated at $2,750,706, approximately $428 per square foot. This property was built in 2002. 5501 Lighthouse Dr is a home located in Denton County with nearby schools including Hilltop Elementary School, Argyle ISD Sixth Grade Center, and Argyle Middle School.

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