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$549,500

7561-7571 Tournament Road, Frisco, TX, 75035

On MarketInfo
Just AddedInfo
Beds6 Beds
Baths6 Bath
Baths1,211 Sq Ft
DuplexDuplex
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Gas Water Heater
FlooringCarpet, Vinyl

Building Information

Year Built1984
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-1457-006-021B-1
Lot Number21B
SubdivisionKings Ridge Addition Phase One (Cfr)
Land UseResidential
Legal DescriptionKINGS RIDGE ADDITION PHASE ONE (CFR), BLK 6, LOT 21B
Census Tract030404
Assessed Land Value$90,000
Assessed Improvement Value$234,000
Assessment Year2025

About this property

Outstanding opportunity awaits with this cute duplex close to Stonebriar shopping, dining, and all that this amazing Frisco location has to offer! Property features two mirror image floor plans and both are occupied with long-term tenants on month-to-month agreements. Each side of the duplex features a two-story layout with living, dining, kitchen, and powder bath downstairs. Upstairs includes 3 bedrooms with ceiling fans and ample closet space, plus 2 full baths. Handsome LVP flooring downstairs in both units with neutral carpet upstairs. Exterior features include a charming, shared, covered porch in front, and attached, rear-entry, 2-car garages in back. Interior photos reflect the 7561 side of the property and the 7571 side includes the very same, flipped floor plan and similar finishes but also has a sliding door from the dining area to a deck and side yard with upgraded privacy fencing. The living rooms are warmed by brick wood burning fireplaces with gas starters and kitchens feature plenty of cabinetry, dedicated pantries, and convenient access to the utility rooms which include space and connections for full size equipment. Foundation repairs completed in 2017 on the 7561 side with a transferrable warranty. Full building roof replacement in 2018 with Class 4 impact-resistant shingles. HVAC unit replacement on the 7561 side in 2021 and on the 7571 side in 2019. Both water heaters replaced in 2026.

Investor Tools

$99,087Estimated Mortgage Balance
$224,913Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,297 /month
Positive
Cash Flow Estimate:
$1,099 /month

Interested in this property?

Beverly Wingard

Coldwell Banker Apex, REALTORS

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$548/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,951
$324,000
2025
$90,000
$234,000
$324,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,951
$324,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Interbank Mortgage Co
Conventional
$145,450
No
First
Oct 26, 2012
Nov 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$99,087
$224,913
69%
31%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
N/A
+$2,960/mo
11.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

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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7561-7571 Tournament Road | Property Details | No Agent List