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$774,000

NAL Estimated Property Value

6197 Myrtle Lane, Frisco, TX, 75036

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,690 Sq Ft
price_per_sqft$138.18 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Concrete, Wood

Exterior

Exterior FeaturesBalcony, Rain Gutters
Lot Size11,369 sqft

Building Information

Year Built2011
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR464592
Lot Number1
SubdivisionThe Landing At Waterstone Ph 2
Land UseResidential
Legal DescriptionTHE LANDING AT WATERSTONE PH 2 BLK F LOT 1
Census Tract021534
Assessed Land Value$153,484
Assessed Improvement Value$748,641
Assessment Year2025

About this property

Stunning corner LAKEVIEW property in Frisco ISD. 4 bdrms, 3.5ba w large study & formal dining at front. 2-story tall Family Room accentuates this beautiful home. Lots of natural light. Large kitchen island w tons of counterspace & desk area. Large master suite downstairs at back of house. Upstairs gamerm opens to below & access to balcony overlooking Lake Lewisville. 3 secondary bdrms up w Jack & Jill bath. Enjoy beautiful sunset views on Balcony also accessible from backyard stairs. Large backyard and side yard for entertainment w wraparound patio. Love nature trail walks. Community pool w small clubhouse & gym. All part of Waterstone amenities. Lebanon-FM423 intersection. Easy drive to SH121 & Tollway & 380.

Investor Tools

Property Icon
$774,000
Estimated Property Value
$341,689Estimated Mortgage Balance
$432,311Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,644 /month
Positive
Cash Flow Estimate:
$1,548 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$421/month
$258/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,184
$702,768
2025
$153,484
$748,641
$902,125
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,184
$702,768

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wintex Group Llc
Conventional
$380,000
No
First
Feb 22, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$341,689
$432,311
55%
44%
$2,279/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$2,537/mo
+$163/mo
4.2%

City: Frisco

6197 Myrtle Lane | Property Details | No Agent List