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$3,445,049

NAL Estimated Property Value

15400 Lookout Point Cir, Frisco, TX, 75035

Off MarketInfo
Beds6 Beds
Baths9 Bath
Baths6,487 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$539.54 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 4.5Bathrooms Full 4.5
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Electric Oven, Gas Range, Ice Maker, Microwave, Double Oven, Refrigerator, Tankless Water Heater
FlooringCarpet, Concrete, Hardwood, Stone

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Gas Grill, Rain Gutters, Outdoor Kitchen, RV Hookup, Outdoor Grill
Lot Size2.49 acres

Building Information

Year Built2009
Stories2
Garage Spaces5

Land Information

APNR-0741-000-040R-1
Lot Number40R
SubdivisionCuster Creek Farms Addition Phase Iii (C
Land UseResidential
Legal DescriptionCUSTER CREEK FARMS ADDITION PHASE III (CFR), LOT 40R; ( REPLAT ) REPLAT
Census Tract030518
Assessed Land Value$1,122,750
Assessed Improvement Value$2,322,299
Assessment Year2025

About this property

This Texas Hill Country inspired home brings modern country living to the City of Frisco. Situated on a very rare 2.5 acres, the Custer Creek Farms home has the perfect layout for long term guests, multigenerational needs, or working from home. This high-end custom masterpiece exudes quality in every detail from the vaulted ceilings, quarry stone & museum finish walls to the perfection of the landscape lighting. Level one you'll find the primary suite, a study, & theater room in addition to the living and dining areas. The primary bedroom is a peaceful retreat with gas fireplace and overlooking the pool while the luxurious bathroom provides heated floors, a handcarved Texas limestone tub, and generous walk in shower. Open the bathroom double doors to experience the water feature, while still having privacy. The walk in closet includes the convenience of a stackable washer and dryer. Function and beauty describe the kitchen equipped with Viking appliances, soapstone countertops, double sinks, and walk in pantry. It overlooks the front drive and the patio for dining al fresco. Head up the oak & limestone staircase to find 3 bedrooms, all en-suite. The private backyard oasis includes a solar heated pool & hot tub, built-in bar & kitchen, 2 fireplaces, 2 water features, an outdoor bathroom and a safe room which is F4 tornado rated. The luxury barn consists of an additional 2 bedrooms, 2 baths, a laundry room, kitchen, living room and bonus rooms. Oversized 5 car garage plus covered space for an RV or tour bus with sewer and electric hookups in the barn. The carriage house has endless possibilities & could be a 10 car showroom for car enthusiasts, a large gym, a space to run a business, or it could be torn down to add another residence. The grounds are all watered by rainwater capture with water bills almost non-existent. NO mandatory HOA. 1 Horse allowed per acre. Barn included in MLS SF. Carriage house not included in MLS SF.

Investor Tools

Property Icon
$3,445,049
Estimated Property Value
$4,904,452Estimated Mortgage Balance
$3,445,049Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$21,000 /month
Positive
Cash Flow Estimate:
$7,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,854/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$29,025
$3,445,049
2025
$1,122,750
$2,322,299
$3,445,049
No

Tax History

Year
Tax Paid
Assessed Value
2024
$29,025
$3,445,049

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citadel Servicing Corporation
Unknown
$2,500,000
No
First
Apr 22, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$4,904,452
N/A
0%
142%
$29,978/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$30,128/mo
$-26,268/mo
1.3%

City: Frisco

15400 Lookout Point Cir | Property Details | No Agent List