12840 Platt Drive
About This Property
Featuring 5 bedrooms, 4.5 baths, a private office, game room, media room, and multiple living possibilities, this spacious two-story home has room for everyone. The freshly painted interior feels bright and move-in ready, with luxury vinyl plank flooring throughout the main level, soaring ceilings, abundant natural light, and an open living area anchored by a gas fireplace.
The kitchen is made for gathering with quartz countertops, custom cabinetry, a large statement island, gas range, and oversized breakfast nook overlooking the backyard. The first floor includes the primary suite plus a separate guest suite, creating an ideal setup for visitors, extended family, or multigenerational living.
Upstairs you'll find a spacious game room, dedicated media room, Jack-and-Jill bedrooms, a charming turret-style reading nook, and another guest suite with a private bath.
Outside, enjoy a covered patio, garden space, and your own producing backyard orchard with peach, plum, mulberry, and fig trees. An additional fig tree adds to the front landscape.
Conveniently located near Hwy. 121 and US-380 with easy access to The Star, Grandscape, Stonebriar Centre, shopping, dining, entertainment, parks, and major employment centers.
The seller is motivated and ready to see offers. If you've been waiting for the right opportunity to make a move in Frisco, come see this home and make it yours!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 1, 2026 | Price Decreased |
$775,000
↓ $24K
(3%) | |
| Price Decreased | |||
| May 25, 2026 | Listed by Call It Closed Realty | $799,000 | |
| Listed by Call It Closed Realty | |||
| Apr 15, 2026 | No longer available | - | |
| No longer available | |||
| Feb 26, 2026 | Price Decreased |
$814,900
↓ $10K
(1.2%) | |
| Price Decreased | |||
| Jan 30, 2026 | Price Decreased |
$824,900
↓ $15K
(1.8%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017