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$459,000

7342 Spruce Creek Ln, Frisco, TX, 75036

PendingInfo
Beds2 Beds
Baths2 Bath
Baths1,651 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$278.01 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave, Convection Oven, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size6,050 sqft

Building Information

Year Built2007
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR298114
Lot Number2
SubdivisionFrisco Lakes By Del Webb Ph 1b Village 2
Land UseResidential
Legal DescriptionFRISCO LAKES BY DEL WEBB PH 1B VILLAGE 23 BLK X LOT 2
Census Tract021535
Assessed Land Value$105,875
Assessed Improvement Value$351,595
Assessment Year2025

About this property

Water View at Frisco Lakes! This home offers peaceful greenbelt and water views from the dining, living, and primary bedroom! This highly sought-after Cambridge floorplan, one of the community’s best-selling layouts, combines comfort, functionality, and charm. Inside, you’ll find 2 bedrooms plus a flexible office or bonus space, fireplace, trey ceilings, an inviting eat-in kitchen with cherry cabinets, granite countertops, stainless steel appliances, and a covered patio to take in the spacious green belt and pond view. The private yard and natural surroundings create a sense of calm that’s hard to find, plus you are just steps away from the main Amenity Center!! Frisco Lakes in a 55+ community with three amenity centers, four pools, pickle and bocce ball, tennis, gardening, walking trails along the lake, and tons of events each month to connect with neighbors and new friends. Located near Lake Lewisville and close to everything Frisco has to offer, this home presents an incredible opportunity to enjoy the 55+ lifestyle so many are seeking. Homes with this combination of location, layout, and views don’t come around often so schedule your showing today.

Investor Tools

Property Icon
$460,000
Estimated Property Value
$188,000Estimated Mortgage Balance
$342,145Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,760 /month
Positive
Cash Flow Estimate:
$920 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$244/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$624
$457,470
2025
$105,875
$351,595
$457,470
No

Tax History

Year
Tax Paid
Assessed Value
2025
$624
$457,470

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Conventional
$188,000
No
First
Dec 21, 2010
Jan 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$118,358
$355,642
75%
26%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$600/mo
+$1,040/mo
4.3%

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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7342 Spruce Creek Ln | Property Details | No Agent List