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$359,866

NAL Estimated Property Value

647 Rockledge Ct, Frisco, TX, 75036

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,358 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$250.29 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size5,641 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR300051
Lot Number15
SubdivisionFrisco Lakes Del Webb Ph 1a
Land UseResidential
Legal DescriptionFRISCO LAKES DEL WEBB PH 1A BLK A LOT 15
Census Tract021535
Assessed Land Value$78,960
Assessed Improvement Value$280,906
Assessment Year2025

About this property

This Stunning home is located on a quiet cul-de-sac lot features upgrades like engineered hardwood floors throughout home, plantation shutters, and stainless steel appliances. The open floor plan in the 55+ Frisco Lakes Community includes spacious living and dining areas. The kitchen, with a breakfast nook and abundant storage with pull outs, flows into the living and dining rooms, perfect for entertaining. The bedroom wing includes the engineered hardwoods and shutters in the secondary bedroom along with a full bath. The light-filled primary suite includes a double vanity, walk-in closet, and shower with bar and bench seating. A covered patio leads to a private backyard, ideal for a quiet morning coffee or evening cocktail. Frisco Lakes offers a vibrant 55+ community with an 18-hole championship golf course, three clubhouses, fitness centers, pools, pickleball and tennis courts, bocce ball courts, walking trails, and a variety of clubs and activities to enjoy.

Investor Tools

Property Icon
$359,866
Estimated Property Value
$264,296Estimated Mortgage Balance
$95,570Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,159 /month
Positive
Cash Flow Estimate:
$720 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$187/month
$540/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$439
$359,866
2025
$78,960
$280,906
$359,866
No

Tax History

Year
Tax Paid
Assessed Value
2024
$439
$359,866

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$267,414
Yes
First
Sep 23, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$264,296
$95,570
26%
73%
$1,604/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$2,144/mo
$-504/mo
5.5%

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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647 Rockledge Ct | Property Details | No Agent List