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$687,237

NAL Estimated Property Value

11422 Teresa Ln, Frisco, TX, 75035

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,523 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$245.74 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Hardwood

Building Information

Year Built2017
Stories1
Garage Spaces2

Land Information

APNR-11008-00I-0220-1
Lot Number22
SubdivisionMiramonte Phase 3 (Cfr)
Land UseResidential
Legal DescriptionMIRAMONTE PHASE 3 (CFR), BLK I, LOT 22
Census Tract030519
Assessed Land Value$207,000
Assessed Improvement Value$480,237
Assessment Year2025

About this property

Welcome to this inviting residence in the sought-after Miramonte subdivision, perfectly situated on a spacious quarter-acre corner lot, larger than most in the neighborhood. Thoughtful design and timeless upgrades create a home that feels both refined and comfortable. Hand-scraped hardwood floors, tall ceilings with boxed accents, raised baseboards, and a cozy fireplace set the stage for elegant everyday living. The open-concept chef’s kitchen features tall cabinetry, a large island, walk-in pantry, and gas cooktop, while pre-wired whole-house audio with installed speakers in the family room, dining area, patio, and primary suite ensures your favorite soundtrack is always nearby. The primary suite offers a peaceful retreat with a spa-inspired bath, oversized walk-in shower, jetted tub, and freshly updated interiors, including new carpet and paint. A spacious laundry room with a built-in sink adds everyday convenience. Outdoors, the covered patio with a wall-mounted TV overlooks a backyard with plenty of room for entertaining, kids, or pets, and beautiful night sky views from the living room create the perfect way to end the day. Life in Miramonte offers the best of both worlds: a safe and quiet neighborhood with open green spaces, walking trails, and larger lot sizes that feel less crowded, while still being close to shopping, dining, and major roadways. Families especially appreciate the short walk to Jim Spradley Elementary, and the well-kept pool and clubhouse provide added amenities to enjoy. This home captures everything people love about Miramonte, comfort, convenience, and community—making it a rare opportunity you will not want to miss.

Investor Tools

Property Icon
$687,237
Estimated Property Value
$551,100Estimated Mortgage Balance
$136,137Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,123 /month
Positive
Cash Flow Estimate:
$1,374 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,035/month
$445/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,987
$687,237
2025
$207,000
$480,237
$687,237
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,987
$687,237

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mega Capital Funding Inc
Stand Alone First / Home Equity First Lien
$553,500
No
First
Feb 10, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$551,100
$136,137
19%
80%
$3,319/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$3,764/mo
$-804/mo
5.2%

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.

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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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11422 Teresa Ln | Property Details | No Agent List