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B+
NoAgentList RatingHow are grades calculated? Info
Days32Days on Market
Views1view
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$450,000

$545,000

12465 Redbud Lane, Frisco, TX, 75036

On MarketInfo
Price DropInfo
Beds1 Beds
Baths1 Bath
Baths900 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$500 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating GasHeating Gas
AppliancesDishwasher

Exterior

Lot Size7,802 sqft

Building Information

Year Built1959
Stories1
Roof Type105

Land Information

APNR46253
Lot Number3
SubdivisionMorris Terrace No 1
Land UseResidential
Legal DescriptionMORRIS TERRACE NO 1 BLK D LOT 3
Census Tract021537
Assessed Land Value$214,500
Assessed Improvement Value$65,448
Assessment Year2025

About this property

Experience a rare opportunity to own one of the last true lakefront properties on Lewisville Lake. With available lakefront land becoming nearly impossible to find in the Frisco area, this exceptional homesite offers the perfect blend of direct water access, unmatched privacy, and the freedom of unincorporated living. Located in the peaceful lakeside community of Hackberry, this property features breathtaking FOREVER VIEWS with mature trees, protected U.S. Army Corps of Engineers land behind the lot, and untouched wooded shoreline across the lake ensuring lasting privacy and unobstructed sunsets for years to come. Situated in unincorporated Denton County within the desirable 75036 zip code, this property offers no HOA restrictions, allowing you the freedom to park boats, RVs, trailers, golf carts, and lake toys right on your property. Enjoy backyard fire pits, outdoor entertaining, and a true laid-back lake lifestyle. Just steps from the shoreline and dock access, this property is ideal for boating, kayaking, paddle boarding, fishing, and swimming. The expansive backyard even includes a unique 111-yard casual par-3 target area, perfect for practicing your short game while enjoying the lake views. Golf-cart-friendly streets and scenic shoreline trails add even more charm to this one-of-a-kind setting. While private and peaceful, the location remains just minutes from PGA Frisco, premier dining, shopping, entertainment, major tollways, and highly acclaimed Frisco Independent School District schools. This clean, flat lot is beautifully maintained with mature shade trees, lush grass, utility hookups, and survey information already available, making it the perfect canvas for a luxury custom lakefront estate. Rare opportunities like this seldom become available. The ultimate lake lifestyle awaits.

Investor Tools

Property Icon
$290,000
Estimated Property Value
$0Estimated Mortgage Balance
$45,149Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

Interested in this property?

Tabatha Polley

KELLER WILLIAMS REALTY

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$271/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,803
$279,948
2025
$214,500
$65,448
$279,948
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,803
$279,948

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
David Clyde Wallace
Seller Carryback / Seller Financing / Seller Take-Back
$260,000
No
First
Apr 27, 2023
May 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$244,851
$45,149
15%
84%
$1,559/mo

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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12465 Redbud Lane | Property Details | No Agent List