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$606,000

8479 Challenger Ln, Frisco, TX, 75034

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,647 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.21 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Microwave
FlooringCarpet, Ceramic Tile, Vinyl

Building Information

Year Built2023
Stories3
Garage Spaces2

Land Information

APNR-12397-00C-0810-1
Lot Number81
SubdivisionWade Settlement
Land UseResidential
Legal DescriptionWADE SETTLEMENT PHASE TWO (CFR), BLK C, LOT 81
Census Tract030505
Assessed Land Value$175,000
Assessed Improvement Value$398,538
Assessment Year2025

About this property

LUXURY TOWNHOME located in the thriving high end historic district of downtown Frisco, close to shopping, dining and family entertainment. Close to local attractions: The Star, Dr. Pepper Park, and the new PGA headquarters. Relax and socialize at Wade Settlement's resident only amenity center with a resort style pool, and park. TOP RATED FRISCO ISD schools. This beautiful townhome has 3 spacious bedrooms all with full baths. There is a large study that can be used for an office or for a second living area. The kitchen is gorgeous with an open floorplan flowing into the cozy living room with a fireplace. Coming in from the garage there is a mud room. This home also is equipped with 2 utility rooms. Enjoy evenings on the covered porch or 2nd balcony. This home is nestled in a beautiful community yet close to all the attractions.

Investor Tools

Property Icon
$606,000
Estimated Property Value
$325,000Estimated Mortgage Balance
$290,169Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,636 /month
Positive
Cash Flow Estimate:
$1,212 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$505/month
$175/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,036
$573,538
2025
$175,000
$398,538
$573,538
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,036
$573,538

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$325,000
No
First
Oct 30, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$315,831
$290,169
47%
52%
$1,949/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
$2,124/mo
+$446/mo
5.1%

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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