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$533,000

NAL Estimated Property Value

4240 Republic Drive, Frisco, TX, 75034

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,463 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$129.88 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size6,599 sqft

Building Information

Year Built1999
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR210389
Lot Number20
SubdivisionHeritage Lakes Ph 1
Land UseResidential
Legal DescriptionHERITAGE LAKES PH 1 BLK A LOT 20
Census Tract021533
Assessed Land Value$132,000
Assessed Improvement Value$357,815
Assessment Year2025

About this property

Located in desirable guard gated resort-style community! Character abounds w'rock & brick elevation & columns adorning the covered brick front porch of this 1.5 story home. Soaring ceilings, crown moldings, French doors, plantation shutters & more add to the charm. Formal dining, home office, eat-in island kitchen open to oversized family room w'cast stone fireplace illuminated by walls of windows. The master & two add'l bedrooms are on the first level w'one huge bonus room up. Enjoy a superb quality of life w'easy access to shopping, dining & entertainment as well as onsite amenities including pool w'lazy river, lap pool, playground, club house, gym, lakes, golf course & tennis club. Quick access to DNT & 121.

Investor Tools

Property Icon
$533,000
Estimated Property Value
$274,295Estimated Mortgage Balance
$258,705Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,198 /month
Positive
Cash Flow Estimate:
$1,066 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$577/month
$523/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,262
$454,012
2025
$132,000
$357,815
$489,815
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,262
$454,012

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$303,855
No
First
Apr 22, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$274,295
$258,705
48%
51%
$1,822/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
$2,345/mo
+$225/mo
5.8%

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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4240 Republic Drive | Property Details | No Agent List