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$730,000

3476 Chesapeake Dr, Frisco, TX, 75034

PendingInfo
Beds4 Beds
Baths3 Bath
Baths3,703 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$197.14 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Microwave, Double Oven

Exterior

Lot Size7,466 sqft

Building Information

Year Built2005
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR255059
Lot Number15
SubdivisionHeritage Lakes Ph 4 & 5
Land UseResidential
Legal DescriptionHERITAGE LAKES PH 4 & 5 BLK P LOT 15
Census Tract021533
Assessed Land Value$223,980
Assessed Improvement Value$547,440
Assessment Year2025

About this property

Seller is offering $10K in seller concessions. Spacious home with three-car garage on a water view lot in desirable Heritage Lakes. Primary bedroom is on first floor with wall of windows for that amazing water view. Ensuite bath has one sink at shaving height and the other with room for vanity chair. Soak away your troubles in the garden tub. Downstairs offers two additional living, office or dining areas besides the open concept family room, which is surrounded by windows taking in the views. Large kitchen island, walk-in pantry and updated stainless steel appliances are sure to delight the chef. Upstairs are additional roomy bedrooms with walk-in closets for storage needs. One jack-and-jill bath and one separate bath for the three bedrooms up. The enormous game room and dedicated media room give everyone their own space to relax. Also upstairs is a planning center or study desk. Even though the home has a versatile layout with abundant storage and space, it is the view from the expanded back patio that will delight all. UPDATES include 2 yr. old microwave and dishwasher, recent 16 seer AC upstairs and down, 2 yr. old hot water heater, hand-scraped hardwood floors

Investor Tools

$98,468Estimated Mortgage Balance
$627,029Estimated Equity
86% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,380 /month
Positive
Cash Flow Estimate:
$1,460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$945/month
$720/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,726
$713,737
2025
$223,980
$547,440
$771,420
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,726
$713,737

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Countrywide Bank Fsb
Purchase Money Mortgage
$283,990
No
First
Oct 29, 2005
Nov 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$98,468
$643,532
86%
14%
$914/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$1,634/mo
+$1,716/mo
5.6%

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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3476 Chesapeake Dr | Property Details | No Agent List