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1659 Granite Rapids Drive
About This Property
Step inside to discover a fresh, inviting interior featuring new paint - creating a bright and contemporary feel throughout. The thoughtfully remodeled kitchen showcases stylish finishes and improved functionality, ideal for both everyday living and entertaining. Updated bathrooms provide a modern touch with quality upgrades that enhance both form and function.
Major system updates offer peace of mind, including an HVAC and a water heater. Additional enhancements throughout the home include an Reverse Osmosis system, a beautifully upgraded staircase with wood, a sleek electric fireplace for a cozy focal point, and a storm door that adds both efficiency and charm.
The exterior and outdoor spaces are just as impressive, featuring a patio with a concrete extension perfect for gatherings in the oversized backyard, and a privacy fence that creates a comfortable backyard retreat. The garage has been upgraded with an epoxy floor, adding durability and a polished finish.
Located in the heart of Frisco, the home is walking distance to Newman Park, Sparks Elementary, and Pioneer Heritage middle school. It is a short drive to all that Frisco has to offer - Frisco Square, Legacy West, The Star, PGA Frisco, and the upcoming Grand Park.
With its extensive updates, functional layout, and prime location in Frisco ISD, this home offers exceptional value and convenience. Don't miss your chance to own a well-maintained, turnkey property in one of North Texas' most in-demand communities.
If agents preferred lender is used, up to 1% of loan amount credit can be provided by lender - call agent for additional information.
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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 17, 2026 | Listed by Keller Williams Central | $550,000 | |
| Listed by Keller Williams Central | |||
| Aug 17, 2026 | No longer available | - | |
| No longer available | |||
| Jul 24, 2026 | Price Decreased |
$550,000
↓ $25K
(4.4%) | |
| Price Decreased | |||
| Apr 23, 2026 | Listed by Keller Williams Central | $575,000 | |
| Listed by Keller Williams Central | |||
| |||
|
Welcome to 1659 Granite Rapids Drive — a North facing, beautifully updated and truly move-in ready home located in the highly sought-after Frisco ISD. This spacious 4-bedroom, 3-bathroom residence offers the perfect blend of modern upgrades, comfort, and functionality, making it an exceptional opportunity in one of Frisco’s most desirable areas.
Step inside to discover a fresh, inviting interior featuring new paint - creating a bright and contemporary feel throughout. The thoughtfully remodeled kitchen showcases stylish finishes and improved functionality, ideal for both everyday living and entertaining. Updated bathrooms provide a modern touch with quality upgrades that enhance both form and function.
Major system updates offer peace of mind, including an HVAC and a water heater. Additional enhancements throughout the home include an Reverse Osmosis system, a beautifully upgraded staircase with wood, a sleek electric fireplace for a cozy focal point, and a storm door that adds both efficiency and charm.
The exterior and outdoor spaces are just as impressive, featuring a patio with a concrete extension perfect for gatherings in the oversized backyard, and a privacy fence that creates a comfortable backyard retreat. The garage has been upgraded with an epoxy floor, adding durability and a polished finish.
Located in the heart of Frisco, the home is walking distance to Newman Park, Sparks Elementary, and Pioneer Heritage middle school. It is a short drive to all that Frisco has to offer - Frisco Square, Legacy West, The Star, PGA Frisco, and the upcoming Grand Park.
With its extensive updates, functional layout, and prime location in Frisco ISD, this home offers exceptional value and convenience. Don’t miss your chance to own a well-maintained, turnkey property in one of North Texas’ most in-demand communities.
If agents preferred lender is used, up to 1% of loan amount credit can be provided by lender - call agent for additional information.
| |||
| Feb 12, 2020 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017