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$1,070,000
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Property Description
Incredible Portfolio Opportunity - Total of 6 Modified, previously licensed Residential Assisted Living Homes, BankOwned and Ready to Re-License! Rare investment opportunity to acquire a portfolio of six residential assisted living homes, each previously licensed for 8 private beds. These properties are bank-owned, unlicensed, but fully modified for assisted living use, offering tremendous potential for immediate re-licensure and operation. Each home has undergone ADA-compliant renovations, including modified bathrooms and accessible living spaces. Most feature extensive remodeling, spacious communal areas, and fully integrated 13R fire sprinkler and alarm systems, meeting key safety standards for licensing. Whether you're expanding your current operations or entering the growing assisted living market, this portfolio provides a turnkey foundation to quickly launch or scale. Pro forma financials and additional details available upon request. Contact listing agent for full offering information.
Full Property Details
Full Property Details for 6974 Waverly Ln
General
- Price: $1,070,000
- HOA FEE: $25/month
- HOA FEE FREQ.: Annually
- Taxes: $11,068
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21006165
- Updated: 12/12/2025
- Added to Site: 178 day(s) ago
Interior
- Interior Features: Built-in Features, Chandelier, Cathedral Ceiling(s), Eat-in Kitchen, Granite Counters, High Speed Internet, In-Law Floorplan, Kitchen Island, Multiple Master Suites, Cable TV, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Sound
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Dining Room, Double Sided, Family Room, See Through
- Appliances: Dishwasher, Electric Oven
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 7
- Full Bathrooms: 7
Bedrooms
- Total Bedrooms: 9
Other Rooms
- Laundry: Washer Hookup, Electric Dryer Hookup
Additional Information
- Security/Safety: Security System Owned, Fire Alarm, Fire Sprinkler System, Key Card Entry, Smoke Detector(s)
- Equipment: Other
Exterior
- Porch/Patio/Deck: Covered, Front Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Circular Driveway, Concrete, Door-Single, Driveway, Enclosed, Garage Faces Front, Garage
Location
- County: Collin
- Subdivision: Parkside Estates 2
- Driving Directions: SEE GPS!
School Information
- Elem School District: Frisco ISD
- Midd School District: Frisco ISD
- High School District: Frisco ISD
- Elementary School: Gunstream
- Middle School: Wester
- High School: Centennial
Community
- Association: Yes
- Assoc. Name: SEE AGENT
- Assoc. Fees Include: Association Management
- Adult Community: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric, Multi Units, Wall Unit(s)
- Heating Type: Central, Electric, Fireplace(s), Zoned
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Electricity Connected, Sewer Available, See Remarks, Underground Utilities, Water Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Roof: Composition
- Windows: Skylight(s), Window Coverings
- Stories/Levels: 2
- Living Area: 3,920 Sq. Ft.
- Year Built: 2003
Lot Features
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,276.4
- Lot Size Source: Assessor
- Sidewalks: Yes
- Lot Features: Back Yard, Backs to Greenbelt/Park, Interior Lot, Lawn, Landscaped, Few Trees
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Association Fee: $300
- Assoc Fee Freq.: Annually
- Tax Amount: $11,068
- Terms: Cash, Conventional, 1031 Exchange, Other, Private Financing Available, Special Funding
Disclosures and Reports
- Documents Avail.: Survey
- Legal Description: PARKSIDE ESTATES NO 2 (CFR), BLK B, LOT 28
- Property ID: R502700B02801
- Block: B
- Lot Number: 28
Listed by Coldwell Banker Apex, REALTORS, Aaron Morrow
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Schools
Schools serving 6974 Waverly Ln
School District:Frisco Independent School District
| Name | Grades | Distance |
|---|---|---|
Gunstream Elementary School 7600 Rockyridge Drive, Frisco, TX 75035 | K-5 | 0.6 mi |
Wester Middle School 12293 Shepherds Hill Lane, Frisco, TX 75035 | 6-8 | 0.4 mi |
Centennial High School 6901 Coit Road, Frisco, TX 75035 | 9-11 | 0.3 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 6974 Waverly Ln
Date
Details
Price
Change
Source
7/22/2025
Listed
$1,070,000
—
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 6974 Waverly Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,277
2%
$708,403
8%
2023
$11,106
33%
$658,334
—
2022
$8,350
—
$657,039
13%
2022
$8,350
—
$583,472
37%
2021
$8,350
-3%
$425,344
-1%
2020
$8,638
-7%
$429,622
-6%
2019
$9,313
1%
$456,261
7%
2018
$9,200
6%
$428,194
8%
2017
$8,642
8%
$396,664
9%
2016
$8,023
11%
$364,744
12%
2015
$7,246
16%
$325,367
17%
2014
$6,241
1%
$278,997
1%
2013
$6,171
—
$275,111
—
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 6974 Waverly Ln
6974 Waverly Lane, Frisco, TX 75035 (MLS# 21006165) is a Single Family property with 9 bedrooms and 7 full bathrooms. 6974 Waverly Lane is currently listed for $1,070,000 and was received on July 22, 2025. Want to learn more about 6974 Waverly Lane? 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.

