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$336,721

NAL Estimated Property Value

7521 Tournament Rd, Frisco, TX, 75035

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,211 Sq Ft
DuplexDuplex
price_per_sqft$2.02 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Oven, Refrigerator, Washer
FlooringCarpet, Laminate

Building Information

Year Built1984
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-1457-006-023B-1
Lot Number23B
SubdivisionKings Ridge Addition Phase One (Cfr)
Land UseResidential
Legal DescriptionKINGS RIDGE ADDITION PHASE ONE (CFR), BLK 6, LOT 23B
Census Tract030404
Assessed Land Value$90,000
Assessed Improvement Value$246,721
Assessment Year2025

About this property

Duplex in Frisco right off Preston Road and close to Stonebriar Mall, IKEA, The Star, HWY 121 and DNT. Each side is a mirror image showcasing 3 full bedrooms upstairs, a half bath down and two full baths upstairs. Laminate flooring in living area with brick fireplace with gas starter, sunny windows and storage closet leads to kitchen with tiled floors, eat in dining area, tons of cabinets and counter space plus spacious pantry. Full size garage with bonus storage nook. Upstairs find three bedrooms each with ceiling fans and cozy carpeting. Primary bedroom with en suite bath featuring upgraded granite topped vanity, tiled floors and tile tub and shower combo. Hallway features built in linen closet and storage space. CAN DO SHORTER LEASE TERMS AT AN ADDITIONAL COST. PETS ARE WELCOME!

Investor Tools

Property Icon
$336,721
Estimated Property Value
$241,722Estimated Mortgage Balance
$94,999Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,020 /month
Positive
Cash Flow Estimate:
$673 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$564/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,081
$336,721
2025
$90,000
$246,721
$336,721
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,081
$336,721

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Tiaa Cref Trust Company Fsb
Credit Line (Revolving) / Heloc
$68,690
No
First
Jul 16, 2014
Jul 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$241,722
$94,999
28%
72%
$1,635/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$1,635/mo
+$1,325/mo
10.5%

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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7521 Tournament Rd | Property Details | No Agent List