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$742,000

NAL Estimated Property Value

3860 Banner Drive, Frisco, TX, 75034

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,712 Sq Ft
price_per_sqft$125.27 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesTrash Compactor, Gas Cooktop
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size10,350 sqft

Building Information

Year Built2005
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR254919
Lot Number13
SubdivisionHeritage Lakes Ph 4 & 5
Land UseResidential
Legal DescriptionHERITAGE LAKES PH 4 & 5 BLK I LOT 13
Census Tract021533
Assessed Land Value$177,298
Assessed Improvement Value$551,441
Assessment Year2025

About this property

Striking family home with Outdoor Living Center in sought after resort-style gated community of Heritage Lakes! Study & master plus hard to find 2nd BR down! Enjoy the beauty of wood & durability of tile with these fabulous floors down & plush carpet up. Gourmet kitchen features ss appl, gas stovetop, island, brkfst bar, tons of cabinets & granite countertops! 2nd LA up perfect game room with study niche desk & built ins. Projector & big screen included with media room! Pool sized back yard offers plenty of play space, lush green grass & a large, covered outdoor living space for relaxing & entertaining. Also enjoy neighborhood pools, lazy river, clubhouse, fitness center, par 3 golf, trails, playgrounds, etc.

Investor Tools

Property Icon
$742,000
Estimated Property Value
$398,295Estimated Mortgage Balance
$343,705Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,452 /month
Positive
Cash Flow Estimate:
$1,484 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$737/month
$575/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,128
$673,550
2025
$177,298
$551,441
$728,739
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,128
$673,550

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loan Simple Inc
Conventional
$446,500
No
First
Oct 29, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$398,295
$343,705
46%
54%
$2,677/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$3,252/mo
+$98/mo
5.4%

City: Frisco

3860 Banner Drive | Property Details | No Agent List