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$878,153

4573 Venetian Way, Frisco, TX, 75034

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,091 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.29 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Refrigerator
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesBalcony
Lot Size7,823 sqft

Building Information

Year Built2001
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR209298
Lot Number11
SubdivisionThe Lakes On Legacy Dr Ph Iii
Land UseResidential
Legal DescriptionTHE LAKES ON LEGACY DR PH III BLK I LOT 11
Census Tract021800
Assessed Land Value$195,575
Assessed Improvement Value$682,578
Assessment Year2025

About this property

Stunning Fully Remodeled Home in the Prestigious Lakes on Legacy Gated Community! Nestled among million-dollar homes in the sought-after gated community of Lakes on Legacy in Frisco, this exceptional residence, built by Cambridge Homes, has just been thoughtfully remodeled to perfection. No detail has been overlooked in creating this bright, modern, and inviting home. Step inside to soaring high ceilings, an open floor plan, and a beautifully designed living area centered around a stunning stone fireplace with floor to ceiling windows. The main floor offers a spacious office once you enter filled with natural light, built-in shelves, and ample functionality. The chef’s kitchen boasts a brand-new oven and dishwasher, complemented by a Butler's pantry and plenty of space for culinary creations. The primary suite is a private retreat featuring a luxurious tub, an expansive walk-in closet, and a serene ambiance. A grand staircase leads to a versatile upstairs area with an open game room, two additional bedrooms, and a well-appointed Jack-and-Jill bathroom. Plus, a bonus room off the loft is perfect for a home office, craft space, or extra storage. The backyard offers generous space for outdoor enjoyment, and residents also have access to the community pool for leisure and relaxation. This home is move-in ready with beautiful upgrades throughout including a new roof, gutters, AC unit, hot water heater, sod and all-new light fixtures, flooring, paint, and bathrooms and so much more. Its timeless all-white design is paired with thoughtful touches to create a home that is as functional as it is beautiful. Conveniently located near premier shopping, dining, and entertainment, this property is also within reach of the prestigious Frisco ISD Access Program, offering the opportunity to apply to top-rated schools in the district. Don’t miss the chance to lease this impeccable home in one of Frisco’s most desirable gated communities!

Investor Tools

Property Icon
$878,153
Estimated Property Value
$540,000Estimated Mortgage Balance
$355,048Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,269 /month
Positive
Cash Flow Estimate:
$1,756 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$894/month
$1,995/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,331
$878,153
2025
$195,575
$682,578
$878,153
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,331
$878,153

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$540,000
No
First
Aug 30, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$523,105
$355,048
40%
60%
$3,238/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
$5,233/mo
$-2,663/mo
3.5%

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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4573 Venetian Way | Property Details | No Agent List