1view

$875,180

7136 Shingle Mill Rd, Frisco, TX, 75036

Off Market

5 Beds

5 Bath

3,765 Sq Ft

Single Family Residence

$1.26 / sqft

Built in 2015

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5

Bathrooms Full 3.5

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Dryer, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Convection Oven, Double Oven, Refrigerator, Vented Exhaust Fan, Washer, Water Softener

FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Private Yard

Lot Size8,716 sqft

Building Information

Year Built2015

Stories2

Roof Type105

Garage Spaces2

Land Information

APNR566513

Lot Number5

SubdivisionPhillips Creek Ranch Phase 3

Land UseResidential

Legal DescriptionPHILLIPS CREEK RANCH PHASE 3 BLK K LOT 5

Census Tract021539

Assessed Land Value$252,822

Assessed Improvement Value$810,362

Assessment Year2025

About this property

GORGEOUS 5 Bedroom home in FRISCO's fabulous Phillips Creek Ranch. This immaculate home offers a beautiful stone & brick exterior with a welcoming iron & glass arched front door. Features hand-scraped hardwood floors, crown molding, curved staircase, custom window coverings, stunning custom crystal light fixtures & gorgeous mosaic tile gas fireplace. Light and bright kitchen with huge center island, white quartz counters, white cabinets, professional grade 6-burner gas cooktop & double ovens. Private & spacious owners retreat with dual vanities, separate shower & custom closet with built-in dressers & drawers. Private guest suite down. Game & Media Rooms upstairs. Media room wired for surround sound & ceiling projector. Covered patio with large grass yard & BOB wood fence. Plus! Water Softener System & Central Vacuum System. Available to lease for 12-24 months. Community pool, playgrounds, lake and walking trails all nearby. Available date August 3, 2024.

Investor Tools

$875,180

Estimated Property Value

$463,359Estimated Mortgage Balance

$132,500Estimated Equity

47% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$5,251 /month

Positive

Cash Flow Estimate:

$1,750 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$488/month

$500/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,474

$875,180

2025

$252,822

$810,362

$1,063,184

Tax History

Year

Tax Paid

Assessed Value

2024

$1,474

$875,180

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Wells Fargo Bank Na

Arm (Adjustable Rate Mortgage)

$463,359

First

Jan 8, 2016

Feb 2046

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$742,680

$132,500

15%

85%

$4,321/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,700/mo

$4,821/mo

$-2,121/mo

3.7%

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.

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