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$580,000

8311 Challenger Ln, Frisco, TX, 75034

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths2,704 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$214.5 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Refrigerator, Tankless Water Heater, Vented Exhaust Fan
FlooringLaminate, Tile

Exterior

Exterior FeaturesBalcony, Rain Gutters

Building Information

Year Built2022
Stories3
Garage Spaces2

Land Information

APNR-12397-00C-0600-1
Lot Number60
SubdivisionWade Settlement
Land UseResidential
Legal DescriptionWADE SETTLEMENT PHASE TWO (CFR), BLK C, LOT 60
Census Tract030505
Assessed Land Value$183,750
Assessed Improvement Value$448,597
Assessment Year2025

About this property

Built in 2022, this carefully maintained townhome feels closer to new construction than a resale home, offering 3 bedrooms, 3 full bathrooms, multiple living spaces, and a 2-car garage in one of Frisco's most convenient locations. As an end unit, additional windows fill the home with natural light, creating a bright, open feel that sets it apart from neighboring properties. The thoughtfully designed three-story floor plan offers exceptional flexibility for everyday living, entertaining, working from home, or hosting overnight guests. At the center of the home, the open-concept living room with fireplace flows effortlessly into the dining area and chef-inspired kitchen, creating a welcoming space for gathering with family and friends. Contemporary finishes, abundant storage, and spacious rooms reflect the pride of ownership evident throughout the home. The private primary suite provides a relaxing retreat with a spacious bath and walk-in closet, while the additional bedrooms each enjoy convenient access to their own full bathrooms, offering comfort and privacy for family members or guests. Residents enjoy the lock-and-leave lifestyle Wade Settlement is known for, complete with a community pool, walking trails, and professionally maintained common areas. Ideally located just minutes from The Star, Legacy West, Stonebriar Centre, Grandscape, PGA Frisco, and the highly anticipated The Mix development, you'll enjoy outstanding access to shopping, dining, entertainment, Dallas North Tollway, and Sam Rayburn Tollway. Zoned to highly acclaimed Frisco ISD. This is the rare combination of premium end-unit location, exceptional natural light, generous living space, and a home that has been cared for to an outstanding standard.

Investor Tools

Property Icon
$632,347
Estimated Property Value
$403,207Estimated Mortgage Balance
$244,259Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,794 /month
Positive
Cash Flow Estimate:
$1,265 /month

Interested in this property?

Matthew Braun

Merit Homes

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$518/month
$692/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,053
$632,347
2025
$183,750
$448,597
$632,347
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,053
$632,347

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mattamy Home Funding Llc
Conventional
$403,207
No
First
Jun 28, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$388,088
$244,259
38%
61%
$2,418/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
$3,110/mo
$-540/mo
4.9%

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.

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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