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$479,410

NAL Estimated Property Value

3938 Cotton Gin Rd, Frisco, TX, 75034

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,794 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$243.59 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Convection Oven, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Courtyard, Rain Gutters
Lot Size2,265 sqft

Building Information

Year Built2018
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR707318
Lot Number36
SubdivisionThe Canals At Grand Park-North Phase 2 N
Land UseResidential
Legal DescriptionTHE CANALS AT GRAND PARK-NORTH PHASE 2 NORTH BLK F LOT 36
Census Tract021538
Assessed Land Value$123,676
Assessed Improvement Value$380,582
Assessment Year2025

About this property

Rarely does a home combine luxury, technology, and outdoor living as seamlessly as this stunning canal-side residence by CB Jeni. One of only four properties in the Canals offering three exterior living spaces, this meticulously maintained home delivers an exceptional lifestyle in one of the area’s most desirable communities. Enjoy peaceful mornings and relaxing evenings from the large covered front porch, perfectly positioned to capture breathtaking south-facing views of the canals and fountains. The private interior courtyard features a tiled patio with a gas stub for grilling—ideal for entertaining or quiet outdoor dining. Upstairs, the expansive balcony off the primary suite overlooks mature trees and tranquil water views, creating a true retreat. Inside, the home welcomes you with a partial glass front door and an inviting entryway. The beautifully designed kitchen showcases a farmhouse sink, ceiling-height cabinetry, and a dramatic backsplash extending to the ceiling behind the vent hood. Premium Frigidaire stainless steel appliances include a 5-burner gas cooktop, convection oven, microwave, and dishwasher. Additional highlights include easy-care tile flooring throughout most of the first level, upgraded lighting and hardware, a tankless water heater, insulated garage doors, and recent exterior paint, roof, and gutters. Approximately 80% of the home can be controlled by Lutron smart technology, offering modern convenience at your fingertips. The seller has also maintained an HVAC service contract, reflecting the exceptional care given to the property. Residents enjoy outstanding community amenities including a pool, fitness center, park, trails, and community center, all surrounded by beautiful green spaces and just minutes from The Star, Shops at Legacy, medical, Grand Park, and major business centers. This is more than a home-a rare opportunity to experience elegant canal-side living at its finest. HOA covers ext maintenance, reducing insurance costs!

Investor Tools

Property Icon
$479,410
Estimated Property Value
$283,473Estimated Mortgage Balance
$197,071Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,876 /month
Positive
Cash Flow Estimate:
$959 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$271/month
$1,780/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$859
$479,410
2025
$123,676
$380,582
$504,258
Yes (2022)

Tax History

Year
Tax Paid
Assessed Value
2025
$859
$479,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$316,510
No
First
Jan 19, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$283,473
$195,937
40%
59%
$1,898/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$3,678/mo
$-1,638/mo
5.1%

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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3938 Cotton Gin Rd | Property Details | No Agent List