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$594,950
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Property Description
MLS# 21096949 - Built by First Texas Homes - Ready Now! ~ Discover this stunning new construction single-family residence in the desirable Villages of Creekwood, set to be completed by January 31, 2026. This traditional home boasts 2,009 square feet of thoughtfully designed space, featuring three spacious primary bedrooms and three full bathrooms. The open floor plan is highlighted by a modern eat-in kitchen with granite counters, a kitchen island, and a pantry, perfect for entertaining. Enjoy the comfort of a central heating and cooling system with energy-efficient equipment, alongside a cozy decorative electric fireplace in the living area. The home includes a dedicated dining area, vaulted ceilings, and luxurious finishes throughout, including wood, ceramic tile, and carpeted floors. Step outside to a covered patio, ideal for outdoor relaxation. Conveniently located, this residence offers a fantastic opportunity for modern living. Don't miss your chance to make this beautiful property your new home!
Full Property Details
Full Property Details for 1516 Gramercy Dr
General
- Price: $594,950
- HOA FEE: $124/month
- HOA FEE FREQ.: Annually
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21096949
- Updated: 4/13/2026
- Added to Site: 214 day(s) ago
Interior
- Interior Features: Decorative/Designer Lighting Fixtures, Double Vanity, Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Smart Home, Cable TV, Vaulted Ceiling(s), Wired for Data, Walk-In Closet(s), Wired for Sound, Air Filtration
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Decorative, Electric, Insert
- Appliances: Some Gas Appliances, Built-In Gas Range, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Microwave, Plumbed For Gas, Tankless Water Heater, Vented Exhaust Fan
- Flooring: Carpet, Ceramic Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Washer Hookup, Electric Dryer Hookup
Additional Information
- Security/Safety: Prewired, Security System, Carbon Monoxide Detector(s), Smoke Detector(s), Wireless
- Equipment: Air Purifier
Exterior
- Exterior Features: Lighting, Rain Gutters
- Porch/Patio/Deck: Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Door-Multi, Garage, Garage Door Opener
Location
- County: Denton
- Subdivision: Villages of Creekwood
- Driving Directions: Take Dallas Pkwy, Dallas North Tollway N, Main St and King Rd to Drake Ln in Frisco, TX.
School Information
- Elem School District: Little Elm ISD
- Midd School District: Little Elm ISD
- High School District: Little Elm ISD
- Elementary School: Hackberry
- Middle School: Lakeside
- High School: Little Elm
Community
- Association: Yes
- Assoc. Name: Essex
- Assoc. Fees Include: Association Management, Maintenance Grounds
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment, Zoned
- Heating Type: Central, ENERGY STAR Qualified Equipment, Fireplace(s), Natural Gas, Zoned
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Sewer Available, Underground Utilities, Water Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick, Rock, Stone
- Roof: Composition
- Stories/Levels: 1
- Living Area: 2,009 Sq. Ft.
- Year Built: 2025
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,405.2
- Lot Dimensions: 65 x 121.6
- Sidewalks: Yes
- Fencing (Description): Metal, Wood
Green Features
- Energy Efficient: Appliances, Construction, HVAC, Insulation, Lighting, Rain/Freeze Sensors, Thermostat, Water Heater, Windows
- Indoor Air Quality: Filtration, Ventilation
- Water Conservation: Efficient Hot Water Distribution, Low-Flow Fixtures
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Association Fee: $1,485
- Assoc Fee Freq.: Annually
Disclosures and Reports
- Property ID: 1516 Gramercy
- Block: F
- Lot Number: 12
Listed by HomesUSA.com, Ben Caballero
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Schools
Schools serving 1516 Gramercy Dr
School District:Little Elm Independent School District
| Name | Grades | Distance |
|---|---|---|
Hackberry Elementary School 7200 Snug Harbor, Frisco, TX 75034 | PK-5 | 1.2 mi |
Little Elm High School 1900 Walker Lane, Little Elm, TX 75068 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1516 Gramercy Dr
Date
Details
Price
Change
Source
2/11/2026
Price Reduced
$594,950
-19.69%
MLS
1/22/2026
Price Reduced
$740,841
-0.01%
MLS
1/20/2026
Price Increased
$740,950
0.01%
MLS
10/27/2025
Listed
$740,841
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1516 Gramercy Dr
1516 Gramercy Drive, Frisco, TX 75036 (MLS# 21096949) is a Single Family property with 3 bedrooms and 3 full bathrooms. 1516 Gramercy Drive is currently listed for $594,950 and was received on October 27, 2025. Want to learn more about 1516 Gramercy Drive? Do you have questions about finding other Single Family real estate for sale in Frisco? You can browse all Frisco real estate or contact a Coldwell Banker agent to request more information.

