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$423,769

NAL Estimated Property Value

11318 Ocean Road, Frisco, TX, 75035

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,786 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$209.97 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Electric Cooktop, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built1996
Stories1
Garage Spaces2

Land Information

APNR-3139-00N-0230-1
Lot Number23
SubdivisionPreston Lakes Addition Phase Iv (Cfr)
Land UseResidential
Legal DescriptionPRESTON LAKES ADDITION PHASE IV (CFR), BLK N, LOT 23
Census Tract030511
Assessed Land Value$120,000
Assessed Improvement Value$303,769
Assessment Year2025

About this property

Location! Charming updated 1 story home in popular Preston Lakes! Open and bright floorplan with separate formal area could be study or formal dining. Updated kitchen has rich granite counters, stainless steel appliances & tons of cabinets. Spacious family room with updated flooring and corner wood burning fireplace. Large master suite and completely updated master bath & shower. 2 large secondary bedrooms. Private backyard has an open patio and board on board privacy fence. This South facing home is close to shopping and dining and is an outstanding value! Investor restrictions. Call HOA for details.

Investor Tools

Property Icon
$423,769
Estimated Property Value
$297,543Estimated Mortgage Balance
$126,226Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,543 /month
Positive
Cash Flow Estimate:
$848 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$658/month
$188/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,779
$423,769
2025
$120,000
$303,769
$423,769
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,779
$423,769

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$324,000
No
First
Jan 31, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$297,543
$126,226
29%
70%
$1,943/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$2,131/mo
+$829/mo
8.4%

City: Frisco

11318 Ocean Road | Property Details | No Agent List