Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours

$408,641

NAL Estimated Property Value

5117 Bluewater Dr, Frisco, TX, 75036

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,777 Sq Ft
price_per_sqft$225.04 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Lot Size5,502 sqft

Building Information

Year Built2012
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR497856
Lot Number31
SubdivisionThe Shores At Hidden Cove Phase Five
Land UseResidential
Legal DescriptionTHE SHORES AT HIDDEN COVE PHASE FIVE BLK D LOT 31
Census Tract021537
Assessed Land Value$101,750
Assessed Improvement Value$306,891
Assessment Year2025

About this property

Open House Sunday, November 17th from 1-4 This West Frisco home is nestled in The Shores of Hidden Cove – a private gated community. You will revel in a lifestyle of luxury with an array of amenities where you can enjoy multiple pools, explore scenic walking trails, a playground or cast a line in the stocked fishing pond. Around the corner from this neighborhood is Hidden Cove Park and Marina which boasts over 470 acres containing a plethora of excellent outdoor recreational activities such as boating, fishing, camping, hiking, and so much more. Inside the house you will be greeted by a light airy feeling. The entry has tiled floors with newly installed carpet. The kitchen has granite counters and overlooks the family room. There is neutral paint throughout with elegant molding. After a long day you can retreat to the primary suite for privacy and relaxation-complete with an ensuite bath. Outside is a nice sized backyard for outdoor gatherings. Come makes this your new home!

Investor Tools

Property Icon
$408,641
Estimated Property Value
$0Estimated Mortgage Balance
$408,641Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,452 /month
Positive
Cash Flow Estimate:
$817 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$659/month
$278/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,869
$408,641
2025
$101,750
$306,891
$408,641
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,869
$408,641

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$408,641
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$278/mo
+$2,422/mo
7.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

5117 Bluewater Dr | Property Details | No Agent List