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$568,000

NAL Estimated Property Value

3541 Lincoln Dr, Frisco, TX, 75034

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,299 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$232.71 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Lot Size6,303 sqft

Building Information

Year Built2002
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR224987
Lot Number8
SubdivisionHeritage Lakes Ph 2
Land UseResidential
Legal DescriptionHERITAGE LAKES PH 2 BLK R LOT 8
Census Tract021533
Assessed Land Value$126,020
Assessed Improvement Value$403,980
Assessment Year2025

About this property

Hard to find North facing, single story home located in gated Heritage Lakes in Frisco. Great floorplan with 4 beds, 2 baths, 2 dining, 2 living. High ceilings, crown molding and lots of natural light are some of the things that make this home special. The home features a large kitchen which includes gas cooktop, island, and lots of cabinets. The kitchen overlooks the living room which has a beautiful cast stone fireplace with gas logs. The primary suite, separated from secondary bedrooms, includes ensuite with garden tub, double sinks, separate shower, and large walk-in closet. Heritage Lakes features a newly remodeled clubhouse, gym, a 9-hole, par 3 golf course, 2 pools with lazy river, playground, and fishing lakes. Community is part of Lakes Tennis Academy, has mandatory annual fee of $145.00. Prime location - 10 minutes to DNT, 121 & 423. Minutes from lots of restaurants and retail (The Shops of Legacy and The Star). NOTE: HVAC replaced Mar '23 and includes a 10-yr warranty.

Investor Tools

Property Icon
$568,000
Estimated Property Value
$409,631Estimated Mortgage Balance
$158,369Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,408 /month
Positive
Cash Flow Estimate:
$1,136 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$726/month
$648/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,875
$530,000
2025
$126,020
$403,980
$530,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,875
$530,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gold Cu
Conventional
$432,000
No
First
Jul 10, 2023
Aug 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$409,631
$158,369
27%
72%
$2,591/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$3,239/mo
+$111/mo
7.1%

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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3541 Lincoln Dr | Property Details | No Agent List