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$618,000

NAL Estimated Property Value

5502 Lafayette Drive, Frisco, TX, 75035

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,924 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$139.88 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Purifier, Convection Oven, Dishwasher, Disposal, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting, Storage

Building Information

Year Built1996
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-3379-0HH-0260-1
Lot Number26
SubdivisionPlantation Resort Lake Brook Farms Phase
Land UseResidential
Legal DescriptionPLANTATION RESORT LAKE BROOK FARMS PHASE 6 (CFR), BLK HH, LOT 26
Census Tract030533
Assessed Land Value$189,000
Assessed Improvement Value$403,901
Assessment Year2025

About this property

GOLF COURSE LOT with NO HOA in 3 Coveted Frisco ISD schools! This immaculate home is a true gem with a gorgeous fully updated modern farmhouse kitchen with breakfast bar and eat-in kitchen open to the living room. The kitchen has a new cast iron ceramic farmhouse sink, new high-end appliances, commerical grade vent, gas cooktop and convection oven. The spacious downstairs master bedroom has a fully updated bathroom with a frameless shower, jetted tub, dual vanities and walk in closets. Upstairs you will find 3 oversized bedrooms, 2 full baths and a flex loft space. The amazing backyard backs up directly to the golf course with open patio and gardens. Brand new smart HVAC system among many other upgdates!

Investor Tools

Property Icon
$618,000
Estimated Property Value
$296,550Estimated Mortgage Balance
$321,450Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,708 /month
Positive
Cash Flow Estimate:
$1,236 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$905/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,768
$592,901
2025
$189,000
$403,901
$592,901
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,768
$592,901

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mutual Of Omaha Mortgage Inc
Conventional
$329,800
No
First
Feb 17, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$296,550
$321,450
52%
48%
$1,978/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$1,978/mo
+$982/mo
5.7%

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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5502 Lafayette Drive | Property Details | No Agent List