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$559,000

$564,000

5416 Promise Land Dr, Frisco, TX, 75035

On MarketInfo
Price DropInfo
Beds4 Beds
Baths4 Bath
Baths2,814 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$198.65 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range, Microwave
FlooringCeramic Tile, Tile, Wood

Exterior

Exterior FeaturesBalcony, Rain Gutters

Building Information

Year Built1988
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-2232-00B-0040-1
Lot Number4
SubdivisionPlantation Resort Augusta Farm (Cfr)
Land UseResidential
Legal DescriptionPLANTATION RESORT AUGUSTA FARM (CFR), BLK B, LOT 4
Census Tract030532
Assessed Land Value$210,000
Assessed Improvement Value$383,000
Assessment Year2025

About this property

Lovely Sovereign custom home on the golf course with beautiful views from your 2nd floor balcony! This great property offers 4 bedrooms, all with ceiling fans*Primary bedroom on the first floor boasts gleaming hardwoods, ensuite with dual sinks, garden tub, separate shower, and a very spacious walk in closet*Nice living area on the first floor with hardwoods, coffee station, and ceiling fan* Great kitchen with electric cooktop, electric oven, dishwasher, disposal, microwave, granite counter tops, stone backsplash, open to light and bright breakfast area. Formal dining off of kitchen flooded with natural sunlight, nice hardwoods, and pretty chandelier. 2nd floor offers 3 additional bedrooms, huge 23X18 loft with storage closet, a cozy fireplace and outdoor balcony*3rd living space up offers more options. Great location with easy access to Sam Rayburn Toll road, Dallas North Tollway, tons of retail and dining options!

Investor Tools

Property Icon
$593,000
Estimated Property Value
$0Estimated Mortgage Balance
$593,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,558 /month
Positive
Cash Flow Estimate:
$1,186 /month

Interested in this property?

Deborah Mabry

WM Realty Tx LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,150/month
$195/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,833
$593,000
2025
$210,000
$383,000
$593,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,833
$593,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$593,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$195/mo
+$3,665/mo
7.8%

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: Frisco

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5416 Promise Land Dr | Property Details | No Agent List