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$374,900

11414 Promenade Rd, Frisco, TX, 75035

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,616 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$231.99 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Laminate, Slate

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built1995
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-3067-00B-0100-1
Lot Number10
SubdivisionPreston Lakes Addition Phase Ii (Cfr)
Land UseResidential
Legal DescriptionPRESTON LAKES ADDITION PHASE II (CFR), BLK B, LOT 10
Census Tract030511
Assessed Land Value$120,000
Assessed Improvement Value$282,844
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED! HIGHEST AND BEST DUE MONDAY AT 10 AM! Welcome home to this charming property nestled in the sought after Preston Lakes community in highly desirable Frisco, Texas, zoned to top rated schools! This lovely home features an open floor plan filled with tons of natural light, creating a warm and inviting atmosphere from the moment you walk in. The large living space is anchored by a cozy wood burning fireplace, perfect for relaxing evenings, and flows seamlessly into a beautifully updated kitchen boasting sleek countertops and stainless steel appliances, ideal for the home chef and effortless entertaining. Retreat to the oversized primary suite, offering a spacious escape at the end of the day, while additional large bedrooms provide comfort and flexibility for family or guests. Step outside to a great sized backyard, perfect for weekend barbecues, playtime, or simply unwinding under the Texas sky. With its unbeatable location, excellent schools, and move in ready charm, this Preston Lakes gem won’t last long. Schedule your showing today!

Investor Tools

$205,725Estimated Mortgage Balance
$198,930Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,417 /month
Positive
Cash Flow Estimate:
$806 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$565/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,761
$402,844
2025
$120,000
$282,844
$402,844
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,761
$402,844

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legacy Texas Bank
Conventional
$238,000
No
First
Jul 30, 2019
Aug 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$205,725
$197,119
48%
51%
$1,427/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$1,677/mo
+$1,283/mo
8.8%

City: Frisco

11414 Promenade Rd | Property Details | No Agent List