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Owner Contacts

$559,000

NAL Estimated Property Value

11005 Ormond Ln, Frisco, TX, 75035

Off Market

5 Beds

3 Bath

2,601 Sq Ft

Single Family Residence

$192.23 / sqft

Built in 1988

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5

Bathrooms Full 3

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop

FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built1988

Stories2

Roof Type105

Garage Spaces2

Land Information

APNR-2232-00E-0040-1

Lot Number4

SubdivisionPlantation Resort Augusta Farm (Cfr)

Land UseResidential

Legal DescriptionPLANTATION RESORT AUGUSTA FARM (CFR), BLK E, LOT 4

Census Tract030532

Assessed Land Value$140,000

Assessed Improvement Value$404,291

Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED. FINAL OFFERS DUE BY SATURDAY 2ND @ 10 PM. Have you been searching for a home with fabulous Frisco schools and resort style amenities? Welcome to Plantation Resort, where you & yours can enjoy the community pool, tennis, lake, fishing, playground, park & golf (additional fee)! Soaring ceilings in the entry welcome you to this North facing home offering plantation shutters, an open light & bright floor plan, large kitchen area that is perfect for entertaining with additional dining space and 2 living areas. Gas starter fireplace in the family room will warm those Texas winter nights. Retire to the master suite with large jetted tub, updated frameless shower and granite countertops. This home boasts 5 bedrooms or convert easily to an office or playroom for the kids. Entertain family & friends on the patio and spacious backyard. This highly desired golf course community is located close to shopping, restaurants, Sam Rayburn Tollway and the Dallas North Tollway.

Investor Tools

$559,000

Estimated Property Value

$522,844Estimated Mortgage Balance

$36,156Estimated Equity

6% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,354 /month

Positive

Cash Flow Estimate:

$1,118 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$935/month

$195/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,431

$544,291

2025

$140,000

$404,291

$544,291

Tax History

Year

Tax Paid

Assessed Value

2024

$8,431

$544,291

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Wells Fargo Bank Na

Conventional

$566,994

First

May 6, 2022

Jun 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$522,844

$36,156

94%

$2,626/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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