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$520,000

3214 Castaway Ln, Frisco, TX, 75036

$546,148 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,206 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$235.72 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Microwave, Tankless Water Heater
FlooringCarpet, Hardwood, Tile

Exterior

Lot Size6,490 sqft

Building Information

Year Built2016
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR661883
Lot Number19
SubdivisionFrisco Lakes By Del Webb Village 2
Land UseResidential
Legal DescriptionFRISCO LAKES BY DEL WEBB VILLAGE 2 BLK 2A LOT 19
Census Tract021535
Assessed Land Value$90,866
Assessed Improvement Value$470,098
Assessment Year2025

About this property

Welcome to effortless luxury living in the highly sought-after Frisco Lakes by Del Webb, a premier 55+ active adult community designed for an exceptional lifestyle. This beautifully maintained 2-bedroom, 2-bath residence offers an inviting open-concept floor plan with rich hardwood flooring, abundant natural light, and thoughtful upgrades throughout. The spacious living area flows seamlessly into a bright sunroom, creating the perfect space to relax, entertain, or enjoy your morning coffee. The well-appointed kitchen is the heart of the home, featuring an oversized Quartz center island, two convenient dry bars, generous cabinetry, and exceptional storage. A dedicated office provides the flexibility to work from home, pursue hobbies, or create a private reading retreat. The expansive primary suite offers a peaceful escape with a large ensuite bath designed for comfort and functionality, while the secondary bedroom and bath provide welcoming accommodations for guests. Beyond the home, enjoy the unparalleled amenities that make Frisco Lakes one of North Texas' most desirable active adult communities. Residents have access to championship golf, multiple clubhouses, indoor and outdoor pools, tennis, pickleball, bocce ball, racquetball, scenic walking and jogging trails, fitness facilities, grand ballrooms, countless social clubs, and a vibrant calendar of community events. Best of all, the neighborhood is golf cart friendly, making it easy to explore, visit neighbors, or enjoy the incredible amenities just minutes from your doorstep. This is more than a home—it's a lifestyle where luxury, convenience, and community come together in one exceptional Frisco location.

Investor Tools

$207,054Estimated Mortgage Balance
$353,910Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$546,147
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,366 /month
Positive
Cash Flow Estimate:
$1,122 /month

Interested in this property?

Briana Cole

Mark Spain Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$407/month
$660/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,074
$560,964
2025
$90,866
$470,098
$560,964
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,074
$560,964

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$262,100
No
First
Sep 12, 2016
Oct 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$207,054
$353,910
63%
37%
$1,572/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,070/mo
$2,232/mo
$-162/mo
4.4%

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.

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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