The flood threat is expected to impact areas from the Desert Southwest to the Texas Panhandle early in the week, shifting to the I-35 corridor by midweek. The combination of heavy rainfall and drought-hardened ground increases the risk of flash flooding, which could lead to property damage and hazardous travel conditions. The Storm Prediction Center has also issued a slight risk for severe storms, including damaging winds and hail, on Wednesday. Residents in the affected areas should remain vigilant and monitor updates closely.