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Owner Contacts

$630,000

11660 Teresa Ln, Frisco, TX, 75035

Off Market

3 Beds

2 Bath

2,126 Sq Ft

Single Family Residence

$282.22 / sqft

Built in 2019

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

AppliancesDishwasher, Disposal

FlooringCarpet, Wood

Exterior

Private Pool

Exterior FeaturesGas Grill, Rain Gutters, Outdoor Grill, Outdoor Kitchen, Private Yard

Building Information

Year Built2019

Stories1

Garage Spaces3

Land Information

APNR-11008-00I-0130-1

Lot Number13

SubdivisionMiramonte Phase 3 (Cfr)

Land UseResidential

Legal DescriptionMIRAMONTE PHASE 3 (CFR), BLK I, LOT 13

Census Tract030519

Assessed Land Value$198,000

Assessed Improvement Value$432,000

Assessment Year2025

About this property

***MULTIPLE OFFERS RECEIVED. OFFER DEADLINE SATURDAY 7pm.*** Prosper ISD, in the sought out Miramonte neighborhood. This single story, single owner home has been customized & designed to create an indoor & outdoor space that maximizes relaxation & enjoyment. The open concept layout connects the wide foyer, dining room, living & kitchen areas making the perfect space for daily living and entertaining. The kitchen features modern appliances, island, quartz countertops, walk-in pantry, ample storage & counterspace that will please the finest chef! Once you enter the backyard you won’t want to leave! The yard has a pool with stools and waterfall, deck for lounging, built in Napoleon gas grill and fridge plus a grass area for playing, pets or kids. Split bedrooms & a separate office showcase the well allocated floor plan. 3 car tandem garage – so bring those TX sized trucks! Walking distance to the highly rated elem school and a Frisco park. Patio furniture and fridge negotiable.

Investor Tools

$630,000

Estimated Property Value

$554,000Estimated Mortgage Balance

$82,460Estimated Equity

12% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,780 /month

Positive

Cash Flow Estimate:

$1,260 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,009/month

$445/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,954

$630,000

2025

$198,000

$432,000

$630,000

Tax History

Year

Tax Paid

Assessed Value

2024

$8,954

$630,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Ark-La-Tex Financial Services Llc

Conventional

$554,000

First

Sep 25, 2025

Oct 2045

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$547,540

$82,460

13%

87%

$3,322/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,960/mo

$3,767/mo

$-807/mo

5.6%

Learn About the Market: Opportunity in Texas

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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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