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$485,000

7380 Panicum Dr, Frisco, TX, 75033

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,168 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$223.71 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Convection Oven
FlooringCarpet, Ceramic Tile

Building Information

Year Built2020
Stories2
Garage Spaces2

Land Information

APNR-11511-00O-0200-1
Lot Number20
SubdivisionFrisco Springs (Cfr)
Land UseResidential
Legal DescriptionFRISCO SPRINGS (CFR), BLK O, LOT 20
Census Tract030519
Assessed Land Value$143,325
Assessed Improvement Value$343,155
Assessment Year2025

About this property

Wonderfully maintained town home in a beautiful neighborhood. This 3 bedroom, 2 full bath, 1 half bath townhome features an open floor plan, lots of natural light and so much more. The downstairs offers a large living area, 2 full bedrooms, full bathroom, large storage closet and access to the large 2 car garage. Upstairs you'll find a large living space with views of the greenbelt. The kitchen is open to the living area and features quartz counter tops, stainless steel appliances, a gas cooking range and large island with room for bar stools and a space for a breakfast or dining area. Walk down the hall to the half bath and large utility room. The primary bedroom suite has a huge walk-in closet off the bathroom. The HOA maintains the grounds and covers the exterior insurance, plus the pool, playground, and walking and biking trails. The Frisco Springs Community has easy access to the North Dallas Tollway, schools, restaurants, shopping, etc...

Investor Tools

Property Icon
$486,480
Estimated Property Value
$265,000Estimated Mortgage Balance
$227,744Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,919 /month
Positive
Cash Flow Estimate:
$973 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$800/month
$340/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,172
$486,480
2025
$143,325
$343,155
$486,480
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,172
$486,480

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Intercap Lending
Conventional
$265,000
No
First
Jan 23, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$258,736
$227,744
46%
53%
$1,589/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,130/mo
$1,929/mo
+$201/mo
5.3%

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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7380 Panicum Dr | Property Details | No Agent List