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$993,639

NAL Estimated Property Value

11138 Parliament Ln, Frisco, TX, 75035

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,580 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$265.36 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Double Oven, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Hardwood, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesGas Grill, Rain Gutters, Outdoor Grill, Private Yard

Building Information

Year Built2012
Stories1
Garage Spaces3

Land Information

APNR-9592-00K-0050-1
Lot Number5
SubdivisionVillages Of Stonelake Estates Phase Ib (
Land UseResidential
Legal DescriptionVILLAGES OF STONELAKE ESTATES PHASE IB (CFR), BLK K, LOT 5
Census Tract030518
Assessed Land Value$255,000
Assessed Improvement Value$738,639
Assessment Year2025

About this property

This rare one-story Dree 's-built home in Villages of Stonelake Estates features 4 bedrooms, 4 bathrooms, and numerous updates. Located near the greenbelt, enjoy easy access to parks and schools. The home boasts hand-scraped wood floors, built-in shelves in the study, updated lighting, a game room, and a media room. The 4th bedroom, located off the game room makes this layout perfect for generational living. A 3-car garage provides ample space, while the backyard offers a covered patio with a built-in gas grill and space for an outdoor fridge. The pool and spa combo includes a removable child-proof fence, and low-maintenance turf completes the outdoor oasis. Zoned for top-rated Frisco ISD schools: Ashley, Nelson, and Independence. This home is well-maintained and comes with an owner manual!

Investor Tools

Property Icon
$993,639
Estimated Property Value
$0Estimated Mortgage Balance
$993,639Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,962 /month
Positive
Cash Flow Estimate:
$1,987 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,437/month
$610/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,279
$993,639
2025
$255,000
$738,639
$993,639
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,279
$993,639

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$993,639
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$610/mo
+$3,250/mo
4.7%

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Frisco

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11138 Parliament Ln | Property Details | No Agent List