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Days586Days on Market
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$370,000

6942 Walnut St, Frisco, TX, 75033

$451,834 ARVInfo
On MarketInfo
Baths1,930 Sq Ft
price_per_sqft$191.71 / sqft
Year BuiltBuilt in 1935

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

AppliancesNone
FlooringVinyl, Wood

Exterior

Lot Size7,975 sqft

Building Information

Year Built2000
Stories1

Land Information

APNR-0982-068-002B-1
Lot Number2B3
SubdivisionFrisco Original Donation (Cfr)
Land UseResidential
Legal DescriptionFRISCO ORIGINAL DONATION (CFR), BLK 68, LOT 2B 3
Census Tract030410
Assessed Land Value$215,564
Assessed Improvement Value$174,893
Assessment Year2025

About this property

Land value opportunity in the Downtown Rail District of Frisco. The lot is approximately 7,976 square feet, roughly two blocks from the Rail District core. Value is in the land: the existing 1935 structure is functionally obsolete and contributes no value. Sold strictly as-is, seller will make no repairs. This is a build site, offered to infill builders, developers, and buyers acquiring a lot to engage their own builder. Buyer and buyer's builder should independently confirm lot dimensions, setbacks, easements, utility locations, and current City of Frisco development standards and permitting requirements before making an offer, and should underwrite their own demolition, construction, and carrying timelines. The Downtown Rail District is the subject of ongoing public investment, including streetscape, public gathering space, and public parking improvements. Scope and timing are controlled by the City and should be verified directly with the City. Surrounding blocks contain a mix of original early homes and recent new construction, with several nearby custom homes closing above $8,000,000 (see MLS history). Past closings are reference only and not a projection of future value. Financing limited to cash, hard money, or rehab and construction lending. No FHA, VA, or conventional financing. Buyer and Buyer's agent to verify all information including but not limited to schools, square footage, taxes, HOA, room dimensions, and any other material facts.

Investor Tools

$1,304Estimated Mortgage Balance
$389,449Estimated Equity
99% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$451,833
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,343 /month
Positive
Cash Flow Estimate:
$781 /month

Interested in this property?

Cisco Gonzalez

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,032/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$34,426
$390,457
2025
$215,564
$174,893
$390,457
Yes (2009)

Tax History

Year
Tax Paid
Assessed Value
2024
$34,426
$390,457

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Boyd Living Trust
Seller Carryback / Seller Financing / Seller Take-Back
$21,500
No
First
Jun 30, 1997
Jul 2008

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,304
$436,696
99%
0%
$129/mo

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.

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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6942 Walnut St | Property Details | No Agent List