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$1,686,000

NAL Estimated Property Value

1903 Alcove Dr, Frisco, TX, 75034

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,292 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$366.96 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Electric Range, Gas Range, Tankless Water Heater
FlooringCarpet, Hardwood, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit
Lot Size13,486 sqft

Building Information

Year Built2017
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR677561
Lot Number13
SubdivisionThe Hills Of Kingswood Phase 2b
Land UseResidential
Legal DescriptionTHE HILLS OF KINGSWOOD PHASE 2B BLK E LOT 13
Census Tract021522
Assessed Land Value$353,385
Assessed Improvement Value$871,788
Assessment Year2025

About this property

**OFFERS RECEIVED DEADLINE WEDNESDAY 5-25 BY 12PM ** One of a kind North facing home in Frisco’s premier gated community of Hills of Kingswood. Designed to impress with grand features & custom upgrades and still escape to a private backyard paradise featuring a oversized lot located on a pond backing up to greenspace that will never include views of other homes. Everything about this home is grand. Escape the noise of the city & enjoy sunsets from your back patio. Hardwood floors downstairs lead to the custom kitchen, living and dining spaces which feature 22’ ceilings & large windows that capture views of the water, trees, & sky. This luxurious home, in a cul-de-sac lot, is an entertainer's dream with an open concept & technology upgrades like wifi smart-device controlled pool, irrigation, whole-home sound system, & lighting. The convenience of the city, a prestigious & safe gated community, the most private quiet location in Frisco make this home a must see!

Investor Tools

Property Icon
$1,686,000
Estimated Property Value
$1,489,122Estimated Mortgage Balance
$196,878Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,116 /month
Positive
Cash Flow Estimate:
$3,372 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,024/month
$990/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,855
$1,225,173
2025
$353,385
$871,788
$1,225,173
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,855
$1,225,173

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Finemark National Bank & Trust
Commercial
$1,500,000
No
First
Dec 23, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,489,122
$196,878
11%
88%
$8,994/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$9,984/mo
$-6,634/mo
2.4%

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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1903 Alcove Dr | Property Details | No Agent List