The Town of Flower Mound Real Estate is continuously evolving. Residents enjoy a low tax rate, safe neighborhoods and an outstanding school system. The town is home to a young, affluent, well educated population with an average household income over $100,000. Shopping opportunities abound, as do golf courses, beautifully maintained parks, extensive trail systems, and outstanding lake access for fishing, boating and family outings. More than 870 building permits were issued in 2001 for houses, priced from $175,000 to $500,000. The average price for pre-owned homes is $205,263 and the average value of all new construction homes is in excess of $250,000.