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$459,000

$469,000

11513 Parade Drive, Frisco, TX, 75036

On MarketInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths2,573 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.39 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave
FlooringCarpet, Tile

Exterior

Lot Size5,502 sqft

Building Information

Year Built2016
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR660128
Lot Number48
SubdivisionThe Shores At Hidden Cove Phase Fifteen
Land UseResidential
Legal DescriptionTHE SHORES AT HIDDEN COVE PHASE FIFTEEN BLK U LOT 48
Census Tract021537
Assessed Land Value$101,750
Assessed Improvement Value$408,317
Assessment Year2025

About this property

Welcome to 11513 Parade Dr in Frisco—a home that checks the boxes and throws in a few extras. Located on a quiet street in a gated, golf-cart-friendly community, this property is close to golf courses and less than one mile from the marina with a boat launch. Inside, you’ll find 4 bedrooms, 2.5 baths, and 2,573 square feet of open-concept living space made for real life. This spacious home offers a modern kitchen featuring granite countertops, stainless steel appliances, and an abundance of cabinets counter space. The kitchen flows into the bright living and dining areas, making it perfect for family gatherings and entertaining. The primary suite on the first level provides a peaceful retreat with a large walk-in closet and a spa like bath that features dual sinks, soaking tub, and separate shower. Three additional bedrooms on the 2nd floor offer plenty of space. Community amenities include two pools, a playground, fishing pond, and walking trails. With a great location, generous space, and features that are hard to find, 11513 Parade Dr proves that function, fun, and location really can live in one place.

Investor Tools

$239,056Estimated Mortgage Balance
$271,011Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,060 /month
Positive
Cash Flow Estimate:
$1,020 /month

Interested in this property?

John Wendell

Pinnacle Realty Advisors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$797/month
$314/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,018
$510,067
2025
$101,750
$408,317
$510,067
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2025
$7,018
$510,067

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Fha
$298,603
Yes
First
Dec 5, 2016
Jan 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,056
$271,011
53%
47%
$1,791/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$2,105/mo
+$595/mo
6.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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11513 Parade Drive | Property Details | No Agent List