For SaleRisky Deal331 days on market
1516 Gramercy Dr
1516 Gramercy Dr, Frisco, TX 75036, Frisco, TX 75036
$594,950
Estimate®:$579,500
Listing Price
1516 Gramercy Dr, Frisco, TX 75036
Loc: Frisco, TX
Days Listed
331
Estimate®
$580k
Market Rate
Lot Size
7,405 sqft
Rent Estimate
$2,781/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
5
Hackberry Elementary School
PK-5
1.2 mi away
6
Lowell H Strike Middle
6-8
2.2 mi away
5
Little Elm High School
9-12
2 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
modern farmhousebrick exteriorgabled rooftimber detailingdouble front doorssuburbannew constructionlandscaped lawnsingle-storyresidentialneutral color palettecontemporarysymmetrical architecture
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
1.92%
Total ROI
0.6%
Cash Flow
$-2,135/mo
DSCR
0.31
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-2,135/mo net cash flow with a 1.9% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Frisco, TX
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-02-11 | Price change | $594,950 | $296 |
| 2026-01-21 | Price change | $740,841 | $369 |
| 2026-01-20 | Price change | $740,950 | $369 |
| 2025-10-13 | Listed for sale | $740,841 | $369 |
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