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$449,900

11511 Prestige Dr, Frisco, TX, 75033

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths3,010 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.47 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDouble Oven, Dishwasher, Disposal
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Rain Gutters
Lot Size10,287 sqft

Building Information

Year Built1997
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-3695-00L-0120-1
Lot Number12
SubdivisionPreston Highlands North Phase 3 (Cfr)
Land UseResidential
Legal DescriptionPRESTON HIGHLANDS NORTH PHASE 3 (CFR), BLK L, LOT 12
Census Tract030403
Assessed Land Value$150,000
Assessed Improvement Value$379,154
Assessment Year2026

About this property

Opportunity knocks in Frisco's Preston Highlands! Priced at just $449,900, or approximately $149 per square foot, this spacious 3,010-square-foot home presents an outstanding opportunity for investors, renovation-minded buyers, or homeowners looking to build sweat equity. Built in 1997, the home is ready for cosmetic updates inside and out, offering the chance to renovate and personalize without paying a premium for someone else's finishes.Generous room sizes and a spacious floor plan provide a great starting point for a transformation. An added benefit—the roof was replaced in 2022! Location is another standout feature! Situated in Preston Highlands between the Dallas North Tollway and Preston Road, the home offers convenient access to shopping, dining, and major commuting routes. Neighborhood amenities include a community pool and playground. Just behind the neighborhood, Warren Sports Complex offers lighted basketball, tennis, and pickleball courts, walking trails, and a fishing pond. Whether you're looking for your next investment project or a home you can update over time, this property offers the space, location, and potential to make it your own. Bring your vision and discover the possibilities!

Investor Tools

$837,297Estimated Mortgage Balance
$548,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,288 /month
Positive
Cash Flow Estimate:
$1,096 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$387/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,909
$529,154
2026
$150,000
$379,154
$529,154
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,909
$529,154

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Longbridge Financial Llc
Reverse Mortgage / Hecm
$860,250
No
First
Apr 11, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$837,297
N/A
0%
153%
$5,158/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,780/mo
$5,708/mo
$-2,928/mo
6.1%

City: Frisco

11511 Prestige Dr | Property Details | No Agent List