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$830,000

12396 Mikaela Drive, Frisco, TX, 75033

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,552 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$233.67 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave, Double Oven, Refrigerator, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBarbecue, Rain Gutters, Lighting, Other

Building Information

Year Built2021
Stories2
Garage Spaces2

Land Information

APNR-11511-00N-0170-1
Lot Number17
SubdivisionFrisco Springs (Cfr)
Land UseResidential
Legal DescriptionFRISCO SPRINGS (CFR), BLK N, LOT 17
Census Tract030519
Assessed Land Value$250,000
Assessed Improvement Value$746,753
Assessment Year2025

About this property

Beautifully designed Trophy Signature home in premiere Frisco neighborhood! Loaded with upgrades and modern design this residence blends contemporary style with functional elegance in one of the area’s most desirable locations! Step inside to an open-concept layout filled with natural light from expansive windows, soaring ceilings, recessed lighting, and seamless room-to-room flow. This home has a private home office that offers the ideal space for remote work or personal projects. The chef’s kitchen is a dream, featuring stainless steel appliances, sleek quartz countertops, white cabinetry, a spacious center island with seating, gas cooktop, and double oven—perfect for everyday cooking or culinary adventures alike. The kitchen opens to a cozy breakfast nook and the main living area, anchored by a modern gas fireplace and stacked windows. The space easily accommodates large furniture and is ideal for both gatherings and quiet evenings at home. The primary suite is a true retreat with oversized windows, generous walk-in closets, and en-suite bath complete with a large shower, double vanities, and premium finishes. A main-floor guest suite with private bath adds convenience and flexibility. Upstairs, you’ll find a game room loft overlooking the downstairs main living area, true media room, with two additional bedrooms, with Jack and Jill bath—plenty of space for family and guests. Nook enclave in garage adds convenient storage space. Enjoy a private backyard, with extended covered patio complete with gas stub out for an outdoor kitchen set up. This home is in a prime location just minutes from the Dallas North Tollway, premier shopping and dining, the PGA, The Star, Shops at Legacy, Universal Studios and more.

Investor Tools

Property Icon
$996,753
Estimated Property Value
$0Estimated Mortgage Balance
$298,041Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,981 /month
Positive
Cash Flow Estimate:
$1,994 /month

Interested in this property?

Josh Harris

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,553/month
$1,100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,654
$996,753
2025
$250,000
$746,753
$996,753
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,654
$996,753

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$639,520
No
First
Mar 3, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$698,712
$298,041
29%
70%
$4,554/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,780/mo
$5,654/mo
$-2,874/mo
3.3%

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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12396 Mikaela Drive | Property Details | No Agent List