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$810,000

1567 Red Rock Canyon Rd, Frisco, TX, 75036

PendingInfo
Beds4 Beds
Baths3 Bath
Baths2,990 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$270.9 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Double Oven
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting
Lot Size11,744 sqft

Building Information

Year Built2013
Stories1
Roof Type105
Garage Spaces3

Land Information

APNR560978
Lot Number6
SubdivisionPhillips Creek Ranch Phase 1
Land UseResidential
Legal DescriptionPHILLIPS CREEK RANCH PHASE 1 BLK F LOT 6
Census Tract021539
Assessed Land Value$320,328
Assessed Improvement Value$642,672
Assessment Year2025

About this property

Spacious one-story gem located on a large lot in coveted Phillips Creek Ranch in West Frisco. The home features an impressive stone & brick elevation, open floorplan, extensive hand scraped hardwood floors, plantation shutters, tall ceilings, banks of windows, floor to ceiling stone fireplace, French doors, accent walls, exciting architectural details and garage space for 3 cars. Four bedrooms, 3 full baths, a dedicated office & an elegant dining room offer flexible living options. Recent updates include fresh interior paint and new carpet in bedrooms. The impressive eat-in kitchen boasts a huge island, double ovens, 5 burner gas cook top, SS refrigerator, pantry & abundant cabinet and counter space. The generous dining room is perfect for entertaining family & friends. A stone fireplace adds warmth to the family room and can be enjoyed from the kitchen. The primary suite is complete with two vanities, garden tub, separate shower and sizeable walk-in closet. Three secondary bedrooms all have ceiling fans. The functional floorplan also includes a laundry room & mud bench. A covered patio with fireplace overlooks the pool-sized back yard. Community amenities include a clubhouse, fitness center, 2 pools, splash pads, playgrounds, volleyball, walking trails, fishing ponds & organized community events. Feeds to exemplary Frisco ISD schools.Prime location minutes from DNT, Hwy 121, dining, shopping, golf, medical facilities, Hidden Cove Marina, Headquarters Row, Grandscape, The Star, & Legacy West. This move-in ready home is a must see.

Investor Tools

$663,111Estimated Mortgage Balance
$149,541Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,860 /month
Positive
Cash Flow Estimate:
$1,620 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$423/month
$220/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,023
$798,467
2025
$320,328
$642,672
$963,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,023
$798,467

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$763,500
Yes
First
Oct 2, 2018
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$663,111
$135,356
16%
82%
$4,169/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$4,389/mo
$-1,689/mo
4.0%

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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