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$1,148,000

NAL Estimated Property Value

5003 Lorraine Dr, Frisco, TX, 75034

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths3,967 Sq Ft
price_per_sqft$289.39 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4.5Bathrooms Full 4.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Convection Oven, Double Oven
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting
Lot Size11,761 sqft

Building Information

Year Built2000
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR206351
Lot Number28
SubdivisionThe Lakes On Legacy Dr Ph Ii
Land UseResidential
Legal DescriptionTHE LAKES ON LEGACY DR PH II BLK C LOT 28
Census Tract021800
Assessed Land Value$294,025
Assessed Improvement Value$739,465
Assessment Year2025

About this property

Tucked behind the gates of The Lakes on Legacy, where tree-lined streets meet tranquil water views and timeless elegance, awaits a home that feels like a quiet escape, yet sits at the center of everything you love. From the moment you arrive, there's a sense that this home was designed for both gathering and retreat. Inside, generous living spaces unfold with warmth and intention, offering 5 spacious bedrooms and 4.1 baths, each room thoughtfully positioned to provide comfort, privacy, and effortless flow. At the heart of the home, the kitchen invites connection and everyday luxury, featuring a new built-in Electrolux refrigerator, blending modern convenience with refined style. Whether hosting holidays or enjoying a quiet morning coffee, this space rises to every occasion. Upstairs, the game room sets the stage for laughter and late nights, complete with a pool table that conveys, ready for friendly competition and unforgettable memories. Step outside, and the story truly comes to life. The backyard is your private sanctuary, set on a large lot with room to breathe and unwind. The newly refinished pool and spa shimmer in the sunlight, offering a resort-style escape just steps from your door. Evenings here are magical, whether you're entertaining under the stars or soaking in the quiet calm of your own oasis. And for the modern lifestyle, this home delivers with intention, featuring a Tesla charger and a 240V garage outlet, perfectly suited for today's electric vehicles and tomorrow's innovation. Located just minutes from Legacy West and The Star. Enjoy all the benefits of a Frisco address with access to Lewisville ISD schools, known for their established programs and diverse offerings. For those exploring private education, top options such as Legacy Christian Academy are just minutes away. This isn't just a home, it's a place where elegance meets ease, where every detail has been considered, and where life feels just a little more elevated each day.

Investor Tools

Property Icon
$1,148,000
Estimated Property Value
$684,300Estimated Mortgage Balance
$463,700Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,888 /month
Positive
Cash Flow Estimate:
$2,296 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,422/month
$2,960/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,325
$990,144
2025
$294,025
$739,465
$1,033,490
No

Tax History

Year
Tax Paid
Assessed Value
2025
$11,325
$990,144

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$508,000
No
First
Oct 21, 2015
Nov 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$684,300
$463,700
40%
60%
$4,845/mo

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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5003 Lorraine Dr | Property Details | No Agent List