




$1,749,000
689 Dancing Water Drive, Frisco, TX, 75036
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Exceptional north-facing luxury home on a quarter-acre lot in the sought-after Phillips Creek Ranch. A rare 2nd primary suite upstairs is ideal for multigenerational living, guests, or teens, featuring a walk-in closet, luxury freestanding tub, oversized shower with built-in bench, & designer tile extending to the ceiling. This home showcases timeless elegance & exceptional craftsmanship, this stunning residence offers a grand curved wrought-iron staircase, marble flooring, herringbone wood floors, designer lighting, tray ceilings, central vacuum system, & an extended family room with fireplace. The chef's kitchen is a true showpiece, featuring a waterfall island, built-in Sub-Zero refrigerator, double ovens, 6-burner gas cooktop, upgraded soft-close cabinetry, spice rack, dual Lazy Susans, & abundant storage. The extended breakfast area overlooks the living spaces, while the study offers custom built-in shelving & cabinetry. The spacious laundry room provides extensive counter space & storage. The primary suite is a spa-like retreat with 3 shower heads, a soaking tub, separate vanities, dedicated vanity area, & oversized walk-in closet. Every bedroom enjoys its own ensuite bath, plus convenient half baths on both levels for guests. Designed for entertaining, the game room features a built-in wet bar that flows seamlessly into the media room. Sliding glass doors open to an extended covered patio with ceiling fan, creating the perfect indoor-outdoor living experience. Additional highlights include a 4-car tandem garage, abundant storage, tile roof & striking stone elevation. Ideally positioned just a short walk from one of PCR's scenic lakes, parks, & walking trails, this home offers access to over 100 acres of green space, lakes, bike trails, resort-style pools & trails connecting surrounding neighborhoods. Feeds to exemplary Frisco ISD schools. Prime location minutes from DNT, Hwy 121, dining, shopping & medical facilities.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Frisco
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