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$650,000

3537 Washington Dr, Frisco, TX, 75034

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,912 Sq Ft
price_per_sqft$223.21 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size6,303 sqft

Building Information

Year Built2003
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR237243
Lot Number7
SubdivisionHeritage Lakes Ph 1 & 3
Land UseResidential
Legal DescriptionHERITAGE LAKES PH 1 & 3 BLK T LOT 7
Census Tract021533
Assessed Land Value$126,020
Assessed Improvement Value$476,680
Assessment Year2025

About this property

Welcome to this beautifully maintained home in the highly sought-after Heritage Lakes community of Frisco! Offering 4 bedrooms, 2.5 baths, a dedicated study, and multiple living spaces, this home combines comfort, functionality, and timeless style. Step inside to soaring ceilings, abundant natural light, rich hardwood flooring, and an open-concept floor plan designed for everyday living and entertaining. The spacious kitchen features granite countertops, stainless steel appliances, a gas cooktop, ample cabinetry, and a large breakfast area overlooking the family room with a striking stone fireplace. The private primary suite is conveniently located on the first floor and offers a beautifully updated spa-like bath with dual vanities, a soaking tub, separate shower, and a generous walk-in closet. Upstairs you'll find three additional bedrooms, a full bath, and a spacious game room or secondary living area. Enjoy relaxing evenings on the covered patio overlooking the fenced backyard. A rolling electric gate provides secure rear-entry access to the driveway while adding convenience, privacy, and enhanced curb appeal. Residents of Heritage Lakes enjoy resort-style amenities including multiple pools, a lazy river, clubhouse, fitness center, golf course, scenic lakes, parks, playgrounds, and miles of walking and jogging trails. Ideally located near shopping, dining, entertainment, major highways, and highly rated Lewisville ISD schools, this home offers the perfect combination of convenience and exceptional community living. Don't miss the opportunity to make this beautiful home your own!

Investor Tools

$252,799Estimated Mortgage Balance
$373,201Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

Interested in this property?

Nick McCoy

Keller Williams Legacy

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$757/month
$240/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,956
$577,742
2025
$126,020
$476,680
$602,700
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,956
$577,742

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Conventional
$320,875
No
First
Jun 23, 2016
Jul 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$252,799
$373,201
59%
40%
$1,924/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$2,164/mo
+$1,186/mo
6.4%

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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3537 Washington Dr | Property Details | No Agent List