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$1,349,900

5024 Frost Creek, Aledo, TX, 76008

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,978 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$339.34 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Range, Microwave, Wine Cooler
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting, Outdoor Grill, Outdoor Kitchen, Private Entrance, Private Yard
Lot Size2.00 acres

Building Information

Garage Spaces3

Land Information

APN18031-001-021-00
Lot Number21
Land UseVacant Land
Legal DescriptionACRES: 2.003 LOT: 21 BLK: 1 SUBD: SUMMIT RANCH F-701
Census Tract140710
Assessed Land Value$112,000
Assessment Year2025

About this property

LUXURY NEW CONSTRUCTION COMPLETE : : Introducing Parker Co newest Luxury Home, Gated Community :: 5024 Frost Creek located behind the gates of luxury home community Summit Ranch. Brand new custom home built by LBK Homes. Enjoy the peace and quiet of living on 2 acre private lot behind security gates. Step inside the front door and you will be immediately greeted with a light, bright, & open floor plan paired w soaring ceilings. Inside the Chef's kitchen you will enjoy commercial grade gas range and oven, oversized kitchen island w ample seating, upper & lower cabinet lighting, and a walk in pantry. The secluded master suite features a spa like bath with double vanities, large walk in closet w direct access to the laundry room. 3 additional bedrooms complete the home including a game room fit w surround sound wiring. Plenty of space for all the toys and vehicles in the oversized 3 car garage. Enjoy those iconic Texas Sunsets day after day from your back porch. Secure and private living less than 30 mins to Dallas, Ft Worth, DFW Airport.

Investor Tools

$888,058Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,099 /month
Positive
Cash Flow Estimate:
$2,700 /month

Interested in this property?

Travis Taylor

Compass RE Texas, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$47/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$112,000
2025
$112,000
N/A
$112,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$112,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plainscapital Bank
Commercial
$906,750
No
First
Mar 5, 2025
Mar 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$888,058
N/A
0%
793%
$5,437/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.

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: Aledo

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