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$525,000 Just Listed
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Property Description
Investor Special - Tenant Occupied with Strong Long-Term Lease Through June 30th, 2027! An outstanding turnkey investment opportunity in the highly sought-after Frisco ISD with reliable long-term tenants already in place through June 2027, offering immediate cash flow and peace of mind. This beautifully remodeled home features fresh paint and modern updates throughout, including a fully updated kitchen, remodeled primary bathroom, guest bathroom, and upstairs bathroom, along with new luxury vinyl plank flooring upstairs. The interior showcases hand-scraped hardwood floors, crown molding, tiered ceilings, and a private office or study with elegant French doors. The updated kitchen offers quartz countertops, stainless steel appliances, and overlooks a warm and inviting living room with a brick wood-burning fireplace. The spacious first-floor primary suite includes a Texas-sized walk-in closet and a luxurious ensuite bath. Upstairs features a large game room and three generously sized secondary bedrooms, providing excellent functionality for long-term tenants. The oversized backyard with an open patio adds even more value and appeal. Located in the desirable Frisco Ranch community, this property offers prime access to major thoroughfares including Dallas North Tollway and Highway 380, as well as proximity to PGA Headquarters, Lake Lewisville, Toyota Soccer Center, Frisco RoughRiders, Universal Studios development, and endless dining, shopping, and entertainment options. A rare opportunity for investors seeking strong rental potential, a prime location, and immediate income-producing property in one of DFW's fastest-growing markets.
Full Property Details
Full Property Details for 1409 Nicholas Lane
General
- Price: $525,000
- HOA FEE: $30/month
- HOA FEE FREQ.: Annually
- Taxes: $8,574
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21244259
- Updated: Today (4/23/2026)
- Added to Site: Today
Interior
- Interior Features: Built-in Features, Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Cable TV, Walk-In Closet(s), Wired for Sound
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas Log, Living Room
- Appliances: Convection Oven, Dishwasher, Electric Oven, Disposal, Microwave
- Flooring: Ceramic Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Electric Dryer Hookup
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Additional Parking
Location
- County: Denton
- Subdivision: Frisco Ranch Ph 4a
- Driving Directions: From DNT, exit Eldorado Pkwy west, right on Walker Ln, left on Woodlake Pkwy, right on Nicholas Dr. 1409 Nicholas Dr is on your right.
School Information
- Elem School District: Frisco ISD
- Midd School District: Frisco ISD
- High School District: Frisco ISD
- Elementary School: Robertson
- Middle School: Stafford
- High School: Panther Creek
Community
- Association: Yes
- Assoc. Name: Texas Star Community Management LLC
- Assoc. Fees Include: All Facilities, Association Management
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Sewer Available, Water Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Board & Batten Siding, Brick, Concrete, Rock, Stone
- Roof: Asphalt, Composition, Shingle
- Stories/Levels: 2
- Living Area: 2,824 Sq. Ft.
- Year Built: 2012
Lot Features
- Lot Size (Acres): 0.191
- Lot Size (Sq. Ft.): 8,319.96
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Association Fee: $360
- Assoc Fee Freq.: Annually
- Tax Amount: $8,574
Disclosures and Reports
- Legal Description: FRISCO RANCH PHASE 4A BLK F LOT 8
- Property ID: R495559
- Block: F
- Lot Number: 8
Listed by Monument Realty, Scott Lathrop
Get Pre-Approved Today
Schools
Schools serving 1409 Nicholas Lane
School District:Frisco Independent School District
| Name | Grades | Distance |
|---|---|---|
Phillips Elementary School 2285 Little River Dr, Frisco, TX 75033 | PK-5 | 0.9 mi |
Stafford Middle School 2288 Little River Dr, Frisco, TX 75034 | 6-8 | 0.9 mi |
Panther Creek High School 1875 PGA Parkway, Frisco, TX 75033 | 9-12 | 1.7 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 1409 Nicholas Lane
Date
Details
Price
Change
Source
4/23/2026
Listed
$525,000
—
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 1409 Nicholas Lane
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,664
-38%
$505,711
-2%
2023
$5,887
—
$515,552
-5%
2023
$5,887
-12%
$541,294
67%
2021
$6,661
-1%
$323,876
-26%
2022
$6,746
5%
$438,899
43%
2020
$6,441
-19%
$306,304
-6%
2018
$7,906
—
$327,281
6%
2017
$7,933
6%
$309,995
8%
2016
$7,479
8%
$287,002
10%
2015
$6,952
—
$260,911
-15%
2019
$6,939
8%
$307,905
31%
2014
$6,425
5%
$235,174
5%
2013
$6,130
—
$223,339
—
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 1409 Nicholas Lane
1409 Nicholas Lane, Little Elm, TX 75068 (MLS# 21244259) is a Single Family property with 4 bedrooms and 3 full bathrooms. 1409 Nicholas Lane is currently listed for $525,000 and was received on April 23, 2026. Want to learn more about 1409 Nicholas Lane? Do you have questions about finding other Single Family real estate for sale in Little Elm? You can browse all Little Elm real estate or contact a Coldwell Banker agent to request more information.

