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$489,464

12424 Montana Drive, Frisco, TX, 75035

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,980 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$204.55 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListHigh Equity

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, Electric Range, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Lighting, Storage

Building Information

Year Built2003
Stories1
Garage Spaces1

Land Information

APNR-8230-00G-0050-1
Lot Number5
SubdivisionFrisco Heights - Phase 2 (Cfr)
Land UseResidential
Legal DescriptionFRISCO HEIGHTS - PHASE 2 (CFR), BLK G, LOT 5
Census Tract030538
Assessed Land Value$120,000
Assessed Improvement Value$369,464
Assessment Year2025

About this property

MULTIPLE OFFERS. HIGHEST AND BEST DUE EVENING FEB. 6. SUPER SWEET 1 STORY IN GREAT LOCATION! 3 Bedroom, 2 Bathroom, 2 Car Garage with Formal Dining & Study. Island Kitchen with Tile Floor, Tile Backsplash, Pantry & Breakfast Bar. Spacious Master with Double Vanity, Separate Shower, Jetted Tub and Custom Closet. Living Room with Gas Log Fireplace. Other Features Include: New Carpet with Thick Padding, Neutral Colors and Huge Walk-in Closet in Secondary Bedroom, and Study with French Doors. Large Backyard with Covered Patio, Patio Extension and 8 Foot Board on Board Fence. Conveniently Located to Schools, Shopping, Dining and Highway 121! HURRY!

Investor Tools

Property Icon
$489,464
Estimated Property Value
$0Estimated Mortgage Balance
$143,577Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,937 /month
Positive
Cash Flow Estimate:
$979 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$738/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,408
$489,464
2025
$120,000
$369,464
$489,464
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,408
$489,464

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Draper & Kramer Mortgage Corp
Conventional
$375,250
No
First
Mar 3, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$345,887
$143,577
29%
71%
$2,250/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$2,450/mo
+$510/mo
7.3%

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.

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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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