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$802,000

NAL Estimated Property Value

8240 Ottowa Rdg, Frisco, TX, 75034

Off MarketInfo
LeaseInfo
Beds4 Beds
Baths4 Bath
Baths3,215 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.4 / sqft
Year BuiltBuilt in 2019

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Tankless Water Heater

Exterior

Exterior FeaturesRain Gutters, Outdoor Grill, Outdoor Kitchen
Lot Size5,924 sqft

Building Information

Year Built2019
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR712896
Lot Number5
SubdivisionVillages Of Majestic Gardens
Land UseResidential
Legal DescriptionVILLAGES OF MAJESTIC GARDENS BLK G LOT 5
Census Tract021538
Assessed Land Value$180,687
Assessed Improvement Value$650,196
Assessment Year2025

About this property

Available for Lease, in a highly sought-after location near Main Street! Don’t miss this rare opportunity to rent a beautifully upgraded home in one of Frisco’s most desirable communities. This open-concept home offers 4 bedrooms, 3.5 bathrooms, a private office, and a spacious game room, providing the perfect setup for entertaining, working from home, and everyday living. Homes with this functional layout and level of finish rarely hit the market. The oversized primary suite delivers a true retreat with a sitting area, dual vanities, and a large walk-in closet. The chef-inspired kitchen is a standout feature, complete with a large island, granite countertops, double ovens, a gas cooktop, and white cabinetry, all opening to a bright, inviting living space with designer finishes and abundant natural light. Step outside to a covered outdoor kitchen and living area, perfect for hosting and enjoying Texas evenings year-round. Additional highlights include a 2-car garage with a Tesla charging station, adding modern convenience and value. Enjoy access to walking trails, playgrounds, and dog parks in this high-demand community, just minutes from shopping, dining, and entertainment. This property is also listed for sale under MLS #21168321.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$443/month
$585/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,312
$777,828
2025
$180,687
$650,196
$830,883
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,312
$777,828

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Great Western Financial Services Inc
Conventional
$380,800
No
First
Mar 9, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$343,083
$458,917
57%
43%
$2,284/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$2,869/mo
+$481/mo
5.0%

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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8240 Ottowa Rdg | Property Details | No Agent List