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$399,000

$409,900

11317 Canoe Rd, Frisco, TX, 75035

On MarketInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths1,832 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$217.79 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard

Building Information

Year Built1994
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-3067-00N-0060-1
Lot Number6
SubdivisionPreston Lakes Addition Phase Ii (Cfr)
Land UseResidential
Legal DescriptionPRESTON LAKES ADDITION PHASE II (CFR), BLK N, LOT 6
Census Tract030511
Assessed Land Value$120,000
Assessed Improvement Value$272,329
Assessment Year2025

About this property

Located in the highly sought after community of Preston Lakes of Frisco, this well maintained property enjoys close proximity to Hwy 121, Preston Road, Coit Rd, restaurants, hospitals, shopping and all the fun that the City of Frisco offers! Zoned for highly rated Frisco ISD, including the community school of Gunstream Elementary. Walk to the community pool and gathering area as well as a lake with fountain and walking trails just down the street; so close! The nicely landscaped larger lot leads into a light & bright interior which showcases wood flooring in the living room, a wood burning fireplace (gas line available) and is open to a totally updated Kitchen! Solid wood cabinetry, granite counters, stone backsplash, and SS appliances (including a refrigerator that conveys) will make you want to cook! Also features a dining room for those holiday meals with views of the pretty backyard. Utility room is just off of the kitchen and has tons of storage. Convenient half bath down. Architecturally interesting staircase leads upstairs where you'll find a private, roomy and relaxing primary suite with space for a sitting area or office. Separate tub and shower, dual sinks and an amazing primary closet; so much storage in this home! The hallway leads to 3 more large bedrooms and another full bathroom. The backyard is so very private with a new 8 ft fence and a patio; perfect for entertaining and even room to add a pool! Newer carpet, freshly painted interior, new lighting fixtures & fans (including new can lights in kitchen), Roof 2022, Water Heater 2020. You won't find many homes like this in the popular zip code of 75035. SUPER LOW HOA DUES: $250 PER YEAR! ASK LISTING AGENT ABOUT LENDER PARTNERSHIP WITH PRIME LENDING, ALLEN, WHO IS OFFERING A 1% RATE BUYDOWN ON THIS PROPERTY! ALSO SELLERS WOULD BE WILLING TO HELP A BUYER BUY DOWN THEIR INTERESAT RATE AS WELL.

Investor Tools

Property Icon
$421,000
Estimated Property Value
$0Estimated Mortgage Balance
$421,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,526 /month
Positive
Cash Flow Estimate:
$842 /month

Interested in this property?

Amy Martin

RE/MAX Four Corners

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$601/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,110
$392,329
2025
$120,000
$272,329
$392,329
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,110
$392,329

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$421,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$250/mo
+$3,610/mo
11.0%

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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11317 Canoe Rd | Property Details | No Agent List