$449,999
↓ $25K (5.3%)
●
House -
For Sale
5212 Bluewater Drive
Frisco, TX 75034
5 Beds
3 Baths,
1
Half Bath
2,967 Ft²
$3,122
Est. Monthly
$242
HOA / Fees
About This Property
LENDER WILLING TO BUY DOWN THE RATE! in Gated Hidden Cove!
Welcome to 5212 Bluewater Drive an exceptional 5-bedroom, 3.5-bath home on a premium corner lot offering nearly 3,000 sq ft of thoughtfully designed living space. The open-concept layout features a spacious kitchen with granite countertops, abundant cabinetry, a large island, and walk-in pantry-flowing seamlessly into a bright, inviting living area overlooking the private backyard. The downstairs primary suite offers a true retreat with dual vanities, soaking tub, separate shower, and generous walk-in closets. Upstairs, enjoy a versatile game room plus four oversized bedrooms, providing flexibility for guests, work-from-home, or multi-generational living.
Located in the gated community of The Shores at Hidden Cove, residents enjoy resort-style amenities including multiple pools, parks, trails, and close proximity to Hidden Cove Marina and Lake Lewisville. Convenient access to Frisco dining, shopping, and major thoroughfares.
Welcome to 5212 Bluewater Drive an exceptional 5-bedroom, 3.5-bath home on a premium corner lot offering nearly 3,000 sq ft of thoughtfully designed living space. The open-concept layout features a spacious kitchen with granite countertops, abundant cabinetry, a large island, and walk-in pantry-flowing seamlessly into a bright, inviting living area overlooking the private backyard. The downstairs primary suite offers a true retreat with dual vanities, soaking tub, separate shower, and generous walk-in closets. Upstairs, enjoy a versatile game room plus four oversized bedrooms, providing flexibility for guests, work-from-home, or multi-generational living.
Located in the gated community of The Shores at Hidden Cove, residents enjoy resort-style amenities including multiple pools, parks, trails, and close proximity to Hidden Cove Marina and Lake Lewisville. Convenient access to Frisco dining, shopping, and major thoroughfares.
Unit Size
2,967 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$152
Property Type
House
Property Taxes
$670
HOA Dues
$242
Year Built
2012
Listed By
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100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 months ago (NTREIS #21209894)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 15, 2026 | Price Decreased |
$449,999
↓ $25K
(5.3%) | |
| Price Decreased | |||
| Jun 3, 2026 | Price Decreased |
$475,000
↓ $15K
(3.1%) | |
| Price Decreased | |||
| Mar 16, 2026 | Listed by Christie's Lone Star | $490,000 | |
| Listed by Christie's Lone Star | |||
| Aug 10, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Jul 3, 2024 | Listed by Karola Realty | $549,000 | |
| Listed by Karola Realty | |||
| | |||
|
Welcome to your dream home in the exclusive gated community of The Shores at Hidden Cove! This spacious 5-bedr gem on a corner-lot is move-in ready. Step inside an inviting open-concept layout, w a kitchen that boasts ample cabinet space, granite counters + perfect for entertaining. The light and bright family room overlooks the sprawling backyard, offering the ideal spot for relaxation + entertaining. The oversized master suite is complete w a luxurious soaking tub, separate shower, dual sinks + walk-in closets. Upstairs, you'll find a generously sized game room + 4 large bedrooms, plenty of space for everyone to spread out and unwind. Community offers resort-style amenities, incl. 3 pools, playgrounds + a tranquil pond, all surrounded by the natural beauty of core of engineer land. You will love being within walking distance of Hidden Cove Marina, with opportunities for hiking, camping, boating + kayaking. Income 3x rent and good credit preferred. Exceptions on case-by-case basis.
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Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Asphalt, Garage Door Opener
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Double Vanity, Eat-in Kitchen, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Decorative Lighting
Appliances: Dishwasher, Disposal, Electric Range, Microwave
Flooring Type: Carpet, Tile
Laundry Features: Electric Dryer Hookup, Washer Hookup
Has Fireplace
Fireplace Features: Brick
Fireplaces: 1
Exterior Details
Has Property Attached
Square Footage: 2967
Security Features: Gated Community, Security Gate
Architectural Style: Traditional
Year Built: 2012
Levels: Two
Construction Materials: Board & Batten Siding, Brick
Lot Features: Corner Lot, Subdivision
Lot Size Area: 0.164
Lot Size Units: Acres
Lot Size Acres: 0.164
Lot Size Square Feet: 7143.84
Tax Lot: 9
Financial Details
Tax Annual Amount: $8,040
Utilities Details
Cooling Type: Electric
Heating Type: Electric
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Maintenance Structure, Full Use of Facilities, Management Fees
HOA Fee: $242
HOA Fee Frequency: Quarterly
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Denton
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Listed by: Megan Humphrey, Christie's Lone Star
Last Updated: 2 months ago
Data Source: NTREIS MLS, MLS# 21209894
Details provided by NTREIS and may not match the public record
Last Updated: 2 months ago
Data Source: NTREIS MLS, MLS# 21209894
Details provided by NTREIS and may not match the public record
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