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$860,000

12474 Mikaela Dr, Frisco, TX, 75033

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths3,787 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$227.09 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4.5Bathrooms Full 4.5
AppliancesDishwasher, Disposal, Gas Cooktop, Double Oven, Tankless Water Heater, Vented Exhaust Fan
FlooringWood

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard

Building Information

Year Built2021
Stories2
Garage Spaces3

Land Information

APNR-11511-00N-0140-1
Lot Number14
SubdivisionFrisco Springs (Cfr)
Land UseResidential
Legal DescriptionFRISCO SPRINGS (CFR), BLK N, LOT 14
Census Tract030519
Assessed Land Value$250,000
Assessed Improvement Value$631,000
Assessment Year2025

About this property

This modern and beautiful home on the North side of Frisco, Texas offers 5 bedrooms, 4.5 bathrooms, and over 3750 square feet of exquisite living space. You’ll love the open layout that features a vaulted ceiling, a media room, a dedicated office, and a game room. The gourmet kitchen is equipped with stainless steel appliances, a gas range, a large island, and a walk-in pantry. The home also has a large 3-car garage, a covered private patio, and a fenced backyard. Located in a desirable neighborhood with great amenities, such as a community pool, a playground, and recreational nature trails throughout. Don’t miss this opportunity to own a spacious and stylish home with everything you need in the heart of Frisco including shopping, dining, and entertainment venues located just outside the neighborhood!

Investor Tools

Property Icon
$881,000
Estimated Property Value
$660,000Estimated Mortgage Balance
$255,175Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,286 /month
Positive
Cash Flow Estimate:
$1,762 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,516/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,789
$881,000
2025
$250,000
$631,000
$881,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,789
$881,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$660,000
No
First
Jul 27, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$625,825
$255,175
28%
71%
$3,958/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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12474 Mikaela Dr | Property Details | No Agent List