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$775,000

$785,000

4198 Peace Dr, Frisco, TX, 75034

On MarketInfo
Price DropInfo
Beds5 Beds
Baths4 Bath
Baths3,870 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$200.26 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Gas Water Heater, Refrigerator

Exterior

Lot Size8,904 sqft

Building Information

Year Built2002
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR237212
Lot Number13
SubdivisionHeritage Lakes Ph 1 & 3
Land UseResidential
Legal DescriptionHERITAGE LAKES PH 1 & 3 BLK F LOT 13
Census Tract021533
Assessed Land Value$206,285
Assessed Improvement Value$609,163
Assessment Year2025

About this property

Rare Waterfront Setting in Heritage Lakes! Welcome to 4198 Peace Dr., ideally positioned in the sought-after gated community of Heritage Lakes, where the location is truly the star. This exceptional home backs to one of the community’s picturesque ponds, offering peaceful water views and a beautiful backdrop from your own backyard. What makes this property especially unique is its direct access to Heritage Lakes’ scenic walking trails, allowing you to step out your back door and enjoy miles of peaceful paths throughout the community. The home is also next to a spacious HOA-maintained green space, providing an added sense of openness and privacy with no immediate neighbor on one side—and plenty of room for outdoor recreation. Inside, enjoy 5 bedrooms, 3.5 baths, approximately 3,870 square feet, and a 3-car garage, all situated on a premium 8,886-square-foot waterfront lot. Beyond your property, Heritage Lakes offers an impressive resort-style lifestyle with a clubhouse, fitness center and studio, pools, lazy river, 9-hole par-3 golf course, stocked fishing ponds, playgrounds, sports amenities, and miles of scenic trails. And the location is hard to beat. You're just minutes from The Star in Frisco, The Shops at Legacy, Stonebriar Centre, Grandscape, PGA Frisco, and major North Texas dining, shopping, and entertainment, with convenient access to the Dallas North Tollway and DFW Airport. If you're looking for a home where waterfront living, trails, green space, privacy, and resort-style amenities come together in one of Frisco's established gated communities, 4198 Peace Dr. is a rare opportunity. Schedule your private tour today.

Investor Tools

$363,931Estimated Mortgage Balance
$416,238Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,662 /month
Positive
Cash Flow Estimate:
$1,554 /month

Interested in this property?

Rafael Chavez

Solto Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$982/month
$648/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,897
$760,712
2025
$206,285
$609,163
$815,448
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,897
$760,712

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Credit Line (Revolving) / Heloc
$419,200
No
First
Sep 17, 2019
Sep 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$363,931
$443,069
54%
47%
$2,514/mo

City: Frisco

4198 Peace Dr | Property Details | No Agent List