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$1,498,000

6481 Canyon Ranch Rd, Frisco, TX, 75036

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths4,861 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$308.17 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Electric Oven, Ice Maker, Microwave, Double Oven, Wine Cooler
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBuilt-in Barbecue, Rain Gutters, Outdoor Grill
Lot Size11,979 sqft

Building Information

Year Built2012
Stories2
Roof Type105
Garage Spaces3

Land Information

APNR561558
Lot Number9
SubdivisionSheridan
Land UseResidential
Legal DescriptionSHERIDAN BLK J LOT 9
Census Tract021540
Assessed Land Value$310,844
Assessed Improvement Value$941,023
Assessment Year2025

About this property

Welcome to this stunning former Belclaire model home, situated on a premier corner lot directly across from community park. Located in the highly desirable Phillips Creek Ranch neighborhood, this property offers incredible curb appeal with lush landscaping, gorgeous hardscaping, and access to top-rated Frisco schools. With its 5 beds and 5.2 baths, this executive home is loaded with designer upgrades. From the moment you step inside, you are greeted by a striking coffered ceiling in foyer and light oak wood floors. Custom drapery and designer lighting fixtures elevate the home's aesthetic, highlighted by a spectacular groin vault ceiling in dining room. The gourmet kitchen features a premium Wolf 4-burner gas range with griddle, stainless steel appliances, double ovens, and custom cabinetry with pull-out spice racks. The kitchen flows seamlessly into the light and bright living room and breakfast area, where a wall of windows frames beautiful views of your backyard oasis. The primary suite serves as a peaceful sanctuary, boasting a dramatic cathedral ceiling accented by rich oak beams. The spa-like ensuite bath includes dual vanities, a separate shower, a garden tub, a linen closet, and two spacious walk-in closets. Enjoy the perfect work-from-home environment in the dedicated home office, where large windows frame beautiful park views, creating a tranquil and inspiring space. Lastly step outside to your low maintenance backyard retreat with its sparkling pool & spa, extensive travertine decking and artificial turf. A covered patio and a built-in BBQ grill make this space perfect for entertaining. Phillips Creek provides an exceptional lifestyle with amenities that include several pools, a fully equipped fitness center, a clubhouse, multiple parks, scenic walking trails, and serene lakes. This prime location is just minutes from the Dallas North Tollway, Highway 121, and Frisco’s premier shopping, dining, and entertainment destinations The Star & PGA Frisco.

Investor Tools

$563,470Estimated Mortgage Balance
$733,530Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,988 /month
Positive
Cash Flow Estimate:
$2,996 /month

Interested in this property?

Sandy Roberts

Berkshire HathawayHS PenFed TX

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$721/month
$226/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,166
$1,177,439
2025
$310,844
$941,023
$1,251,867
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,166
$1,177,439

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$638,150
No
First
Jul 30, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$563,470
$733,530
56%
43%
$3,827/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,070/mo
$4,053/mo
$-1,983/mo
1.9%

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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6481 Canyon Ranch Rd | Property Details | No Agent List