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$579,208

NAL Estimated Property Value

2345 Falcon Point Dr, Frisco, TX, 75033

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,585 Sq Ft
price_per_sqft$206.96 / sqft
Year BuiltBuilt in 2005

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, Electric Oven, Gas Cooktop, Gas Water Heater
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size6,138 sqft

Building Information

Year Built2005
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR255488
Lot Number11
SubdivisionThe Fairways Ph 4
Land UseResidential
Legal DescriptionTHE FAIRWAYS PH 4 BLK S LOT 11
Census Tract020111
Assessed Land Value$122,780
Assessed Improvement Value$456,428
Assessment Year2025

About this property

Tucked within the highly sought-after community of The Fairways in Frisco, this beautifully updated home blends timeless charm with modern comfort in an exceptional location. From the inviting covered front porch to the thoughtfully refreshed interior, every detail has been designed for effortless living & entertaining. The open-concept layout is complemented by engineered wood flooring, decorative lighting, crown molding, neutral paint & abundant natural light throughout. The spacious kitchen serves as the heart of the home with painted cabinetry, upgraded hardware, a large island with seating & storage, oversized walk-in pantry, built-in breakfast cabinetry & seamlessly flows into the living room anchored by a cozy gas fireplace. The privately situated primary suite offers a relaxing retreat with a window seat & a luxurious en-suite bath featuring dual vanities, garden tub & a separate shower with bench. A dedicated office with French doors & walk-in closet provides flexibility for a fourth bedroom or private workspace. There’s also a secondary bedroom & full bath downstairs. Upstairs, enjoy a generous game room (currently used as a bedroom), loft with built-in desk & cabinetry, & a spacious secondary bedroom & full bath. Step outside to a covered back patio overlooking the grassy backyard enclosed by a privacy fence, perfect for outdoor entertaining or quiet evenings at home. Extensive updates include 2025 Lennox HVAC systems with smart thermostats, 2023 roof, 2022 water heater, updated lighting, upgraded carpet, & smart sprinkler controls. Residents of The Fairways enjoy access to community pools, parks, playgrounds, walking trails, & golf course amenities, all while being minutes from Frisco’s premier destinations including PGA Frisco, The Star, The Rail District & downtown Frisco, Stonebriar Centre, top-rated Frisco ISD schools, shopping, dining, & the upcoming Universal Kids Resort. Search address in YouTube for video.

Investor Tools

Property Icon
$579,208
Estimated Property Value
$476,833Estimated Mortgage Balance
$102,375Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,475 /month
Positive
Cash Flow Estimate:
$1,158 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$330/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,066
$579,208
2025
$122,780
$456,428
$579,208
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,066
$579,208

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$499,500
No
First
Jan 13, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$476,833
$102,375
17%
82%
$2,995/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,780/mo
$3,245/mo
$-465/mo
5.8%

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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2345 Falcon Point Dr | Property Details | No Agent List