The town derives its name from the prominent 12.5-acre mound located in the southern portion of the town which is covered by wild flowers. The most widely accepted explanation for the mound is that it was a sacred ceremonial ground of Wichita Indians in the early 1800s. Though surrounded by commercial and residential development, the mound is privately owned so as to be protected from further development. South of Denton and northwest of Dallas in south central Denton County, Flower Mound is a residential suburban community of 20,000 acres on the shore of Grapevine Lake. It was established soon after Sam Houston settled a tribal dispute in 1844 and Indian raids in the area ceased. Permanent settlers moved in, attracted by the quality of the soil, which was suitable for raising cotton, corn, and wheat. The Peters colony named the town for a fifty-foot-high mound covered with Indian paintbrush; the mound was once used by Indians as a holy place. Unlike many pioneer settlements in Denton County that were bypassed by the railroads in the late nineteenth century or unable to survive the Great Depression, Flower Mound maintained a steady population throughout the first four decades of the twentieth century and became a substantial farming and cattle-raising community. In the 1940's the territory north of Lake Grapevine which is now the town of Flower Mound, was being set up as a prime target for invasion by Mafia bosses from New York and Chicago. In the mid-1950s the town began to grow. The increase in the number of residents was a result of the construction by the United States Corps of Engineers of Grapevine Lake, which was completed on July 2, 1953. The lake stimulated the economy of the community and attracted workers who preferred to live outside the central Dallas area. Flower Mound was incorporated on February 27, 1961. The town had an estimated population of 275 in 1966 and 664 in 1968. In 1980 the town's population was 4,402. In 1990 Flower Mound reported a population of 15,527 but has grown now to over 60,000. More history here.
Tax Rate for the Town of Flower Mound is .4497 per $100 value, Denton county rate is .23589 per $100 value and Lewisville isd is 1.37 per $100 Total Tax Rate is 2.05559 per $100 value
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