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$526,808

8797 Phoebe Rd, Frisco, TX, 75035

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,009 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.47 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesOther

Building Information

Year Built2023
Stories2
Garage Spaces2

Land Information

APNR-12386-00L-0350-1
Lot Number35
SubdivisionGrove Frisco Phase 7, The (Cfr)
Land UseResidential
Legal DescriptionGROVE FRISCO PHASE 7, THE (CFR), BLK L, LOT 35
Census Tract030511
Assessed Land Value$175,000
Assessed Improvement Value$351,808
Assessment Year2025

About this property

Beautiful townhome in Frisco! Light, spacious and airy feel with kitchen overlooking the living and dining areas. Chef’s kitchen offers a large island, huge walk-in pantry, quartz countertops, SS appliances, and gas cooktop. The upstairs multi-purpose room separates the owner’s suite from the secondary bedrooms. Owner's suite offers a large bath and a huge walk-in closet. No pets. $200.00 lease coordination fee due at lease signing. All PMI North Texas tenants are enrolled in the Resident Benefits Package (RBP) for $35.00 per month which includes credit building to help boost your credit score with timely rent payments, $1M Identity Protection, HVAC air filter delivery, utility connection concierge service, our best-in-class resident rewards program, and much more!

Investor Tools

Property Icon
$526,808
Estimated Property Value
$384,743Estimated Mortgage Balance
$161,368Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,161 /month
Positive
Cash Flow Estimate:
$1,054 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,009/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,471
$526,808
2025
$175,000
$351,808
$526,808
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,471
$526,808

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$384,743
No
First
Aug 30, 2023
Sep 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$365,440
$161,368
30%
69%
$2,307/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$2,307/mo
+$653/mo
6.7%

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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8797 Phoebe Rd | Property Details | No Agent List