This specific address denotes a single-family residential property located within the town of Flower Mound, Texas. It utilizes a standard U.S. address format, incorporating a house number, street name, municipality, and state abbreviation. Such precise location identifiers are crucial for postal services, navigation systems, and emergency responders.
Accurate and standardized addresses are fundamental to a functioning society. They facilitate commerce, enable efficient delivery of goods and services, and ensure prompt emergency response. In the context of real estate, a specific address pinpoints a property’s unique location within a community, contributing to its market value and overall significance. The incorporation of a town and state further clarifies the property’s geographical context, especially important in a nation as large as the United States.
Understanding the components and significance of a precise address lays the groundwork for discussions related to property ownership, valuation, community development, and the broader implications of location intelligence. It also provides a framework for exploring topics like property taxes, zoning regulations, and neighborhood characteristics related to this particular location in Flower Mound, Texas.
1. Location
Location significantly impacts a property’s value and desirability. For a property like 1407 Ivywood Drive, Flower Mound, TX, understanding its location means examining various geographical factors that influence its characteristics and potential.
-
Geographic Coordinates
Precise latitude and longitude coordinates pinpoint the property’s exact position on Earth. These coordinates are essential for mapping, navigation, and understanding the property’s relationship to surrounding areas. Geographic coordinates provide an objective and unchanging reference point, unlike street addresses that can be altered.
-
Proximity to Amenities
The distance to essential services and desirable amenities, such as schools, hospitals, shopping centers, and parks, dramatically affects a property’s appeal. Easy access to these amenities enhances convenience and quality of life, often reflected in property values. Analyzing proximity involves considering travel time, transportation options, and the quality of the amenities themselves.
-
Neighborhood Context
A property’s location within a specific neighborhood contributes significantly to its character. Factors such as the neighborhood’s demographics, crime rates, school districts, and overall ambiance influence the property’s perceived value. Understanding the neighborhood context provides insights into the social and economic environment surrounding 1407 Ivywood Drive.
-
Accessibility and Transportation
Accessibility considers the ease of reaching the property via various transportation modes. Proximity to major roads, highways, and public transportation options impacts commuting times and overall convenience. Evaluating accessibility also involves considering traffic patterns, road conditions, and future infrastructure developments. This is particularly relevant in growing areas like Flower Mound.
By considering these interconnected facets of location, a comprehensive understanding of a property like 1407 Ivywood Drive in Flower Mound, TX, emerges. This understanding allows for a more informed assessment of the property’s present value and future potential.
2. Property Value
Property value, a crucial aspect of any real estate discussion, represents the monetary worth of a specific property at a particular point in time. For a property like 1407 Ivywood Drive, Flower Mound, TX, its value is a dynamic figure influenced by a multitude of interconnected factors. These factors range from local market conditions and economic trends to the property’s unique characteristics and the surrounding neighborhood’s desirability.
Several key elements contribute to the property value of a single-family residence like 1407 Ivywood Drive. Internal factors include the size of the house, its age, construction quality, the number of bedrooms and bathrooms, and any recent renovations or upgrades. External influences encompass the local school district’s quality, crime rates, property taxes, access to amenities like parks and shopping centers, and overall economic health of the Flower Mound area. For example, a strong local economy with increasing job growth can drive up demand for housing, thus increasing property values. Conversely, a downturn in the market or an increase in interest rates can exert downward pressure on valuations.
Understanding property value is critical for various stakeholders. For homeowners, it represents a significant portion of their net worth and influences financial decisions. For potential buyers, it’s essential for making informed offers and securing financing. Furthermore, property values contribute to the overall tax base of a municipality, impacting public services and infrastructure development. Accurate and timely property valuations are essential for a healthy real estate market and overall economic stability. While not specifically tied to 1407 Ivywood Drive, consider a scenario where a nearby comparable property recently sold for a significantly higher price than anticipated. This sale could influence the perceived value of 1407 Ivywood Drive, potentially leading to a reassessment or increased asking price if the property were listed for sale. Accurately assessing and understanding these market dynamics is vital for all parties involved in real estate transactions.
3. Neighborhood Characteristics
Neighborhood characteristics significantly influence the desirability and value of any property. For a property like 1407 Ivywood Drive, Flower Mound, TX, understanding these characteristics provides valuable context. Analyzing these elements offers insights into the quality of life, safety, and potential for future appreciation.
-
Safety and Security
Crime rates, police presence, and community safety initiatives directly impact residents’ quality of life. Lower crime rates contribute to a sense of security and peace of mind, making a neighborhood more attractive to potential buyers. Access to neighborhood watch programs, security patrols, and well-lit streets can further enhance safety. Information on crime statistics for the area surrounding 1407 Ivywood Drive can provide valuable insight into this aspect of neighborhood characteristics.
-
Amenities and Services
Proximity to essential services and desirable amenities influences property values. Access to grocery stores, restaurants, parks, recreational facilities, and healthcare providers enhances convenience and quality of life. The presence of well-maintained parks and green spaces provides opportunities for outdoor activities and contributes to the neighborhood’s aesthetic appeal. Evaluating the availability and quality of these amenities within the vicinity of 1407 Ivywood Drive provides a clearer picture of its neighborhood context.
-
School District Quality
The reputation and performance of local schools often play a crucial role in home buying decisions. Highly-rated schools can significantly impact property values and attract families with school-aged children. Information on school rankings, test scores, and extracurricular activities within the school district serving 1407 Ivywood Drive offers valuable insights for prospective residents. Proximity to good schools is often considered a premium feature.
-
Community Demographics and Social Environment
Understanding the demographics and social environment of a neighborhood provides a deeper understanding of its character. Factors such as age distribution, income levels, and community involvement contribute to the overall atmosphere. A strong sense of community, active neighborhood associations, and regular social events can foster a welcoming and engaging environment. Researching community demographics and social dynamics in the area surrounding 1407 Ivywood Drive can offer valuable insights into the neighborhood’s social fabric.
These interconnected neighborhood characteristics contribute significantly to the overall desirability and value of a property like 1407 Ivywood Drive in Flower Mound, TX. By carefully considering these factors, potential buyers and residents can gain a comprehensive understanding of the community and its potential impact on their lives.
4. Municipal Services
Municipal services play a crucial role in defining the livability and value of any property. For a property like 1407 Ivywood Drive, Flower Mound, TX, the provision of essential services by the town of Flower Mound directly impacts residents’ quality of life and the property’s long-term value. These services represent a key component of the overall infrastructure that supports the community and ensures its smooth functioning. Understanding the scope and quality of these services is essential for both current residents and prospective buyers.
Several key municipal services directly impact a property like 1407 Ivywood Drive. Water and sewer services ensure access to clean and safe drinking water and efficient wastewater disposal. The reliability and capacity of these systems are critical for daily living and maintaining sanitary conditions. Trash and recycling collection contributes to environmental sustainability and neighborhood cleanliness. Regular and efficient waste management services are essential for maintaining a healthy and pleasant living environment. Road maintenance and snow removal impact accessibility and safety. Well-maintained roads and prompt snow removal ensure safe and efficient transportation throughout the year. Public safety services, including police and fire departments, provide essential protection and emergency response capabilities. The effectiveness and response times of these services are critical for community safety and security. Consider, for instance, the impact of a well-maintained road network on property values. Efficient transportation routes contribute to shorter commutes and easier access to amenities, making properties more desirable and potentially increasing their market value.
The quality and reliability of municipal services are important factors influencing property values and resident satisfaction. Consistent and efficient service delivery contributes to a higher quality of life, making a community more attractive to potential residents. Conversely, deficiencies in municipal services can negatively impact property values and lead to resident dissatisfaction. Understanding the level of service provision in Flower Mound, and how those services are funded and managed, provides critical insights into the long-term viability and desirability of properties like 1407 Ivywood Drive. Evaluating these factors allows for a more comprehensive assessment of the property’s overall value proposition within its municipal context. This understanding empowers residents and prospective buyers to make informed decisions about their investment and community involvement.
5. Market Trends
Market trends in the Flower Mound, TX real estate market exert a significant influence on properties like 1407 Ivywood Drive. These trends, reflecting the broader economic climate and local housing market dynamics, impact property values, buyer behavior, and the overall desirability of specific locations. Analyzing these trends provides valuable insights for both current homeowners and prospective buyers, enabling informed decision-making and a clearer understanding of the property’s potential within the market.
Several key market trends can impact a property like 1407 Ivywood Drive. Fluctuations in median home prices within Flower Mound directly affect the perceived value of individual properties. A rising market can lead to increased property values, while a declining market can exert downward pressure. Inventory levels, reflecting the number of homes available for sale, influence buyer competition and pricing strategies. A high inventory market can favor buyers, offering more choices and potentially lower prices, while a low inventory market can lead to bidding wars and increased prices. Interest rates play a crucial role in affordability and buyer demand. Lower interest rates typically stimulate buyer activity, increasing demand and potentially driving up prices. Conversely, higher interest rates can dampen demand and slow market activity. For example, a sudden increase in interest rates could make financing a home purchase more expensive, potentially reducing the pool of qualified buyers for properties like 1407 Ivywood Drive and impacting its market value.
Understanding these market dynamics provides a crucial context for evaluating properties within Flower Mound. Analyzing historical trends, current market conditions, and projected future growth can help predict potential appreciation or depreciation. This understanding enables homeowners to make informed decisions about selling or refinancing, while prospective buyers can better assess the long-term investment potential. By considering market trends in conjunction with property-specific features and neighborhood characteristics, a comprehensive understanding of the property’s position within the market emerges. This knowledge empowers both buyers and sellers to navigate the market effectively and make sound financial decisions. Market trend analysis is not a guarantee of future performance, but it provides a valuable framework for evaluating opportunities and risks associated with real estate investments in areas like Flower Mound, TX.
6. Accessibility
Accessibility, concerning a specific property like 1407 Ivywood Drive, Flower Mound, TX, encompasses more than just its physical location. It involves evaluating the ease and convenience with which the property can be reached and the surrounding area navigated. This includes considering various transportation modes, proximity to major roadways, and the availability of public transportation options. Accessibility directly impacts the property’s desirability and overall value. A property easily accessible via major highways and close to public transportation hubs is generally more attractive to potential buyers or renters, potentially increasing market value. Conversely, a property located in a remote area with limited access can experience reduced demand and value. Consider, for example, a property located near a major employment center. Its accessibility for commuters significantly enhances its appeal compared to a similar property located further away, requiring a longer and potentially more difficult commute. This difference in accessibility directly translates to differences in perceived value and market demand.
Beyond commuting considerations, accessibility also encompasses access to essential services and amenities. Proximity to grocery stores, healthcare facilities, schools, and recreational areas enhances the quality of life for residents. Easy access to these amenities contributes to a property’s desirability and can positively influence its market value. Imagine a property situated within walking distance of a vibrant town center with shops, restaurants, and cultural attractions. This convenient access significantly enhances its appeal compared to a property requiring a car trip for every errand or leisure activity. Furthermore, accessibility considerations extend to individuals with disabilities. Properties featuring accessible design elements, like ramps and wider doorways, cater to a broader range of residents and comply with accessibility regulations, increasing their overall desirability and marketability.
In summary, accessibility, in the context of 1407 Ivywood Drive, Flower Mound, TX, represents a crucial factor impacting its value and desirability. Analyzing transportation options, proximity to amenities, and accessibility features provides valuable insights for potential buyers or renters. Understanding accessibility’s role in property valuation and its impact on quality of life allows for informed decision-making and a more comprehensive understanding of the property’s position within the market. This practical understanding empowers individuals to evaluate a property’s true potential and make sound investment decisions.
Frequently Asked Questions
This section addresses common inquiries regarding properties within Flower Mound, TX, using a specific address as a representative example. While the information provided offers general insights relevant to the area, it does not constitute specific advice for individual properties.
Question 1: How are property taxes assessed in Flower Mound, TX?
Property taxes are assessed based on the appraised value of the property, determined by the Denton County Appraisal District. Rates are set by various taxing entities, including the town of Flower Mound, Denton County, and local school districts. Specific tax amounts vary based on individual property valuations and applicable tax rates.
Question 2: What is the typical commute time from Flower Mound to major employment centers in the Dallas-Fort Worth metroplex?
Commute times vary depending on the specific location within Flower Mound and the destination. Proximity to major highways like 35W and 121 provides relatively easy access to Dallas and Fort Worth. However, traffic congestion can influence travel times, especially during peak hours. Potential residents should research specific routes and transportation options to estimate commute times accurately.
Question 3: What are the primary school districts serving Flower Mound?
Flower Mound is primarily served by the Lewisville Independent School District (LISD) and the Argyle Independent School District (AISD). Specific school assignments depend on the precise location of the property within Flower Mound. Prospective residents should verify school assignments with the relevant district to confirm accurate information.
Question 4: What is the availability of public transportation in Flower Mound?
Public transportation options in Flower Mound primarily consist of bus services provided by the Denton County Transportation Authority (DCTA). The DCTA A-train commuter rail line connects Denton County to Dallas Area Rapid Transit (DART) light rail system, offering access to the broader Dallas-Fort Worth metroplex. However, car ownership remains prevalent in Flower Mound due to its suburban character.
Question 5: What are the prominent shopping and dining options in Flower Mound?
Flower Mound offers a variety of shopping centers and restaurants, catering to diverse tastes and preferences. These include large retail centers, local boutiques, and a range of dining establishments, from casual eateries to upscale restaurants. The town’s ongoing development continues to expand these options, providing residents with convenient access to goods and services.
Question 6: What is the overall cost of living in Flower Mound compared to other areas in the Dallas-Fort Worth region?
Flower Mound’s cost of living is generally considered higher than the national average and comparable to other affluent suburbs in the Dallas-Fort Worth area. Housing costs contribute significantly to this higher cost of living. Potential residents should research specific cost of living data to understand the financial implications of living in Flower Mound.
Understanding these key aspects provides a foundational framework for evaluating properties and community characteristics within Flower Mound, TX. Further research into specific property details and individual needs remains essential for informed decision-making.
For a more detailed understanding of a property like 1407 Ivywood Drive, Flower Mound, TX, further research tailored to the specific property is highly recommended. Consult local real estate professionals, access online property databases, and explore community resources to gain a comprehensive understanding of the property and its surrounding environment.
Tips for Researching Properties Like 1407 Ivywood Drive, Flower Mound, TX
Thorough research is essential when considering a property investment. The following tips offer guidance for navigating the complexities of real estate research, using 1407 Ivywood Drive, Flower Mound, TX as a representative example. While these tips provide general guidance, they should be adapted to individual circumstances and specific property details.
Tip 1: Utilize Online Property Portals: Comprehensive real estate websites provide valuable property data, including recent sales, tax assessments, and neighborhood demographics. Explore multiple platforms to gather a holistic view.
Tip 2: Consult Local Real Estate Professionals: Experienced real estate agents possess in-depth local market knowledge. Their expertise can provide valuable insights into property valuations, market trends, and neighborhood characteristics.
Tip 3: Analyze Recent Sales Data: Examining recent sales of comparable properties in the area provides a benchmark for evaluating property values. Consider factors such as property size, age, and features when comparing sales data.
Tip 4: Research the School District: School district quality significantly impacts property values and family decisions. Access school district websites and review performance metrics to assess educational opportunities.
Tip 5: Explore Municipal Resources: Town websites offer valuable information on local services, tax rates, zoning regulations, and community development plans. Utilize these resources to understand the municipal context of a property.
Tip 6: Consider Future Development Plans: Investigate planned infrastructure projects, commercial developments, and zoning changes in the surrounding area. Future developments can significantly impact property values and neighborhood characteristics.
Tip 7: Visit the Property and Neighborhood: A physical visit allows firsthand observation of the property, neighborhood, and surrounding area. Assess the condition of the property, observe neighborhood dynamics, and evaluate access to amenities.
By diligently applying these research tips, individuals can make informed decisions based on comprehensive data analysis and a thorough understanding of the property and its surrounding environment. This approach empowers potential buyers and investors to confidently navigate the complexities of the real estate market.
This detailed exploration of property research culminates in a comprehensive understanding of the factors influencing real estate decisions. The following conclusion synthesizes these key findings and offers final recommendations.
Conclusion
Analysis of a specific property, exemplified by 1407 Ivywood Drive, Flower Mound, TX, necessitates a multifaceted approach. Key factors influencing property value and desirability include location within Flower Mound, proximity to amenities, prevailing market trends, and the quality of municipal services. Furthermore, neighborhood characteristics, such as school district quality, safety, and accessibility, play a crucial role in property assessment. Understanding these interconnected elements provides a comprehensive framework for evaluating real estate investments.
Prudent real estate decisions require diligent research and careful consideration of diverse data points. Potential investors and homeowners benefit from utilizing online resources, consulting local experts, and conducting thorough due diligence. Informed decision-making, grounded in comprehensive analysis, positions individuals for success in navigating the dynamic real estate landscape. Ultimately, a holistic approach, encompassing both quantitative and qualitative factors, yields a more accurate and nuanced understanding of a property’s true potential within its specific market context.
