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$815,000
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Property Description
Amazing waterfront home in the exclusive gated community of Heritage Lakes. This unique property is one of the few with direct access to the community's scenic trails. Located adjacent to a beautifully maintained green space, courtesy of the HOA, offering the perfect spot for outdoor recreational sports. Heritage Lakes offers resort-style amenities including a lazy river, a newly updated indoor gym and studio, as well as a 9-hole par-3 golf course, and catch and release fishing. With all this just 7 minutes from The Star and close to North Texas' top destinations-The Shops at Legacy, Stonebriar Mall, Grandscape, PGA Frisco, and the upcoming Universal Studios water park. Home is also conveniently located 25 minutes from DFW airport. Schedule your private tour today and discover the unmatched charm of waterfront living in Heritage Lakes
Full Property Details
Full Property Details for 4198 Peace Dr
General
- Price: $815,000
- HOA FEE: $216/month
- HOA FEE FREQ.: Quarterly
- Taxes: $11,972
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21055365
- Updated: 9/9/2025
- Added to Site: 129 day(s) ago
Interior
- Interior Features: Built-in Features, Multiple Staircases
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas Starter
- Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Disposal, Gas Water Heater, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Parking Features: Door-Multi, Door-Single, Garage Faces Front, Garage
Location
- County: Denton
- Subdivision: Heritage Lakes Ph 1 & 3
- Driving Directions: When coming north on Dallas North Tollway, exit on Lebanon and go west. Enter the community by taking a left on Village Ave. Take your first left on Constitution Dr, then right E Crecent Way, then left on Peace Dr. The home will be the last one on the block.
School Information
- Elem School District: Lewisville ISD
- Midd School District: Lewisville ISD
- High School District: Lewisville ISD
- Elementary School: Hicks
- Middle School: Griffin
- High School: Hebron
Community
- Association: Yes
- Assoc. Name: CMA Management
- Assoc. Fees Include: All Facilities, Association Management, Security
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Available, Sewer Available, Water Available
Structural Information
- Architectural Style: Detached
- Structure Type: House
- Detached/Attached: Attached
- Stories/Levels: 2
- Living Area: 3,870 Sq. Ft.
- Year Built: 2002
Lot Features
- Lot Size (Acres): 0.204
- Lot Size (Sq. Ft.): 8,886.24
Water Features
- Water Front: Yes
- Water Front Desc.: Lake Front
- Lake Front: Yes
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Association Fee: $648
- Assoc Fee Freq.: Quarterly
- Tax Amount: $11,972
Disclosures and Reports
- Legal Description: HERITAGE LAKES PH 1 & 3 BLK F LOT 13
- Property ID: R237212
- Block: F
- Lot Number: 13
Listed by Solto Realty, Rafael Chavez
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Schools
Schools serving 4198 Peace Dr
School District:Lewisville Independent School District
| Name | Grades | Distance |
|---|---|---|
Tom Hicks Elementary School 3651 Compass Drive, Frisco, TX 75034 | K-5 | 0.3 mi |
Hebron High School 4207 Plano Parkway, Carrollton, TX 75010 | 10-12 | 5.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4198 Peace Dr
Date
Details
Price
Change
Source
9/09/2025
Listed
$815,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4198 Peace Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,897
-16%
$760,712
10%
2023
$9,355
—
$691,556
-13%
2023
$9,355
-4%
$791,832
52%
2021
$9,759
-2%
$519,576
-19%
2022
$9,998
7%
$640,619
30%
2020
$9,360
-6%
$491,761
—
2019
$9,905
-9%
$492,928
-6%
2018
$10,875
7%
$522,929
8%
2017
$10,124
9%
$483,964
10%
2016
$9,320
6%
$439,967
10%
2015
$8,794
2%
$399,970
3%
2014
$8,585
8%
$388,610
8%
2013
$7,976
—
$358,675
—
Disclaimer: Historical tax 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 4198 Peace Dr
4198 Peace Drive, Frisco, TX 75034 (MLS# 21055365) is a Single Family property with 5 bedrooms, 3 full bathrooms and 1 partial bathroom. 4198 Peace Drive is currently listed for $815,000 and was received on September 09, 2025. Want to learn more about 4198 Peace 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.

