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$1,187,000

NAL Estimated Property Value

15308 Sassafras Rd, Frisco, TX, 75035

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,046 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$393.63 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Gas Oven, Gas Range, Ice Maker, Microwave, Tankless Water Heater, Wine Cooler
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters

Building Information

Year Built2020
Stories1
Garage Spaces3

Land Information

APNR-11436-00B-0040-1
Lot Number4
SubdivisionGarilen Phase 1b (Cfr)
Land UseResidential
Legal DescriptionGARILEN PHASE 1B (CFR), BLK B, LOT 4
Census Tract030511
Assessed Land Value$315,000
Assessed Improvement Value$709,701
Assessment Year2025

About this property

Rare one-story luxury home with pool in the award-winning master planned community of The Grove. Positioned on an oversized private corner lot adjacent to green space, this one-owner home offers a combination of privacy, layout, and high-end upgrades. The open-concept design features 4 bedrooms, 3.5 baths, a dedicated media room, private office or flex space, and a split 3-car garage. Three bedrooms include ensuite baths. The chef’s kitchen is equipped with a Wolf 48-inch dual-fuel range, Sub-Zero refrigerator, Wolf microwave drawer, Cove dishwasher, Avanti wine refrigerator, pot filler, oversized quartz island, ceiling-height cabinetry, and a spacious walk-in pantry. Walls of windows fill the main living area with natural light and overlook the backyard retreat, anchored by a statement fireplace. The primary suite offers a spa-style bath with freestanding tub, separate vanities, LED mirrors, and a custom closet with built-in storage. The backyard is designed for both everyday enjoyment and entertaining, featuring an extended covered patio and a 32 x 16 heated pool with spa, sun shelf with bubblers, LED lighting, a waterfall feature, and is already hardwired for landscape lighting. Additional upgrades include wood floors, custom blinds, custom drapes, epoxy garage floors, overhead storage, slat wall system, and built-in cabinetry. The Grove residents also enjoy resort-style amenities including community pool, splash pad, fitness center, clubhouse, parks and trails.

Investor Tools

Property Icon
$1,187,000
Estimated Property Value
$455,296Estimated Mortgage Balance
$731,704Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,194 /month
Positive
Cash Flow Estimate:
$2,398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,480/month
$637/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,827
$1,024,701
2025
$315,000
$709,701
$1,024,701
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,827
$1,024,701

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$510,400
No
First
Oct 20, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$455,296
$731,704
61%
38%
$3,061/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$3,698/mo
+$162/mo
3.9%

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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15308 Sassafras Rd | Property Details | No Agent List