Paragon Realtors Real Estate

2201 Lake Coves DriveFlower Mound, TX 75022Price: $565,000

  • Price: $565,000
  • Est. Mortgage of $/month
  • 1 Day on Market
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$/month over payments
Federal 30-year interest rate: 6.49% last updated on Jul 9, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $565,000List Price
  • 2Bedrooms
  • 1Bathrooms
  • 0.69Acreage
  • 1,337Square Feet

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Listed by Omar Escalante of RE/MAX Trinity (817-310-5200)
Rare opportunity to own a beautifully updated property on a premium 0.68 acre corner lot in the highly desirable Twin Cove area of Flower Mound, just minutes from Grapevine Lake and outdoor recreation. This unique property combines the charm of lakeside living with exceptional flexibility and future potential. Since 2023, the home has undergone significant improvements, offering a move-in-ready experience while preserving its character and appeal. Inside, you'll find no carpet throughout the home, creating a clean, modern, and low-maintenance living environment. The spacious floor plan features a dedicated home office, ideal for remote work, a study, or a flex space to fit your lifestyle. The kitchen is equipped with granite countertops, ample cabinetry, and functional workspace, while the living and dining areas provide comfortable gathering spaces enhanced by natural light and attractive finishes. One of the property's most valuable features is the detached 2-car garage conversion, which has been thoughtfully equipped to function as a fully independent guest suite. Complete with its own kitchen, full bathroom, air conditioning system, and washer & dryer connections, this versatile space is ideal for multi-generational living, guest accommodations, a private office, studio or rental opportunity. Outside, the expansive corner lot offers abundant room for entertaining, gardening, RV or boat storage, future expansion since land could be subdivided (buyer will be responsible to obtain approval from the Planning Department of Flower Mound) or simply enjoying the privacy and mature trees that surround the property. The proximity to Grapevine Lake provides convenient access to boating, fishing, hiking trails, camping, and some of Flower Mound's most scenic outdoor amenities. Whether you're looking for a primary residence, an investment opportunity, or a property with guest house potential, this house delivers a rare combination of land, flexibility and location.

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Based on information submitted to North Texas Real Estate Information Services as of July 16, 2026 2:39 PM UTC. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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