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Days62Days on Market
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$1,249,990

$1,299,999

5968 Louis Ln, Frisco, TX, 75035

On MarketInfo
Price DropInfo
Beds6 Beds
Baths5 Bath
Baths4,780 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$261.5 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee Owner

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 5.5Bathrooms Full 5.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal

Building Information

Year Built2014
Stories2
Garage Spaces3

Land Information

APNR-10386-029-0050-1
Lot Number5
SubdivisionRichwoods Phase Twelve (Cfr)
Land UseResidential
Legal DescriptionRICHWOODS PHASE TWELVE (CFR), BLK 29, LOT 5
Census Tract030511
Assessed Land Value$378,000
Assessed Improvement Value$852,978
Assessment Year2025

About this property

Elegant and spacious 6-bedroom, 5.5-bath residence in Frisco’s sought-after Richwoods community. Offering approximately 4,780 square feet on an 8,689 square foot lot, this two-story home delivers impressive scale, flexible living space, and a prime Collin County location. Built in 2014, the property combines curb appeal, generous room sizes, and access to Frisco ISD schools—perfect for buyers seeking luxury, space, and convenience in one of North Texas’s strongest residential markets. Home backs up to Green space and park

Investor Tools

$997,114Estimated Mortgage Balance
$305,792Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,800 /month
Positive
Cash Flow Estimate:
$2,600 /month

Interested in this property?

Ajmal Rahmani

LEGACY POINT REAL ESTATE LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,693/month
$125/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,819
$1,230,978
2025
$378,000
$852,978
$1,230,978
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,819
$1,230,978

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cattlemens Bank
Credit Line (Revolving) / Heloc
$1,000,000
No
First
Apr 6, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$997,114
$233,864
18%
77%
$5,996/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: Frisco

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5968 Louis Ln | Property Details | No Agent List