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$524,900

5009 Bluewater Drive, Frisco, TX, 75036

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,002 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$174.85 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Must-SellHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Other
FlooringHardwood, Tile

Exterior

Lot Size6,098 sqft

Building Information

Year Built2012
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR537361
Lot Number23
SubdivisionThe Shores At Hidden Cove Phase Six
Land UseResidential
Legal DescriptionTHE SHORES AT HIDDEN COVE PHASE SIX BLK D LOT 23
Census Tract021537
Assessed Land Value$112,820
Assessed Improvement Value$427,705
Assessment Year2025

About this property

Apply for Frisco ISD with Access Frisco program!! Nestled in the prestigious gated community of The Shores at Hidden Cove, this updated 4-bedroom, 3.5-bathroom home delivers spacious luxury and modern living at its finest. As you step inside, you’re greeted by beautiful hardwood flooring and elegant crown molding throughout the first floor, creating a warm and sophisticated atmosphere. The spacious formal dining room, illuminated by a stunning new modern lighting fixture, is perfect for memorable family gatherings and effortless entertaining. The chef-inspired kitchen shines with brand new stainless steel GE appliances, beautiful granite countertops and new modern pendants above the island. Brand new painted railings and open-concept design flows seamlessly into the family room anchored by a cozy fireplace. The master suite provides a garden tub, stand up shower and walk in closet. Flex room downstairs which can be a dedicated office or a guest suite with a full bath. Spacious Game Room and Media Room upstairs plus two bedrooms. Throughout the home, you’ll enjoy brand new luxury ceiling fans. EV charger in the garage can come with the home! Residents also enjoy quick access to the community’s sparkling pool, playground, and scenic pond. Just moments away, Lake Lewisville beckons with boating, fishing, camping and more!

Investor Tools

$411,756Estimated Mortgage Balance
$113,978Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,154 /month
Positive
Cash Flow Estimate:
$1,051 /month

Interested in this property?

Alex Maloney

Compass RE Texas, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$859/month
$278/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,674
$525,734
2025
$112,820
$427,705
$540,525
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,674
$525,734

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Willow Bend Mortgage Co
Conventional
$418,500
No
First
Jun 6, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$411,756
$113,978
21%
78%
$2,510/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$2,788/mo
$-88/mo
6.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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5009 Bluewater Drive | Property Details | No Agent List