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$986,000

NAL Estimated Property Value

1561 Morris Lane, Frisco, TX, 75034

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,801 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.96 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2006
Stories2
Garage Spaces2

Land Information

APNR-8140-00A-026R-1
Lot Number26R
SubdivisionCreekside At Stonebriar Phase 2 (Cfr)
Land UseResidential
Legal DescriptionCREEKSIDE AT STONEBRIAR PHASE 2 (CFR), BLK A, LOT 26R; * REPLAT * REPLAT
Census Tract030504
Assessed Land Value$213,750
Assessed Improvement Value$767,927
Assessment Year2025

About this property

Spectacular Design by award-winning Zachary Custom Builders in Gated Community, Creekside at Stonebriar! Desired Open Concept with huge Chef’s-Kitchen equipped with large island, custom-cabinetry and commercial grade range, opens to a stunning Great Room with Wine-Grotto, gorgeous Stone Fireplace, Beamed Ceilings, beautiful Hard Woods, with French Doors leading to a Covered Outdoor Living Space. Spacious Master Suite, separate Dining and Home Office on First Floor. Two Bedrooms ensuite, Media Room, Second Living or Home Gym up, equipped with Bar and additional Wine Cooler. Stunning Craftmanship and an Entertainers Dream, this one has it all!

Investor Tools

Property Icon
$986,000
Estimated Property Value
$0Estimated Mortgage Balance
$986,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,916 /month
Positive
Cash Flow Estimate:
$1,972 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,029/month
$330/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,417
$981,677
2025
$213,750
$767,927
$981,677
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,417
$981,677

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$986,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
$330/mo
+$2,240/mo
3.1%

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.

Explore Texas Explore This Area
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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1561 Morris Lane | Property Details | No Agent List