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Two-Story Duplex with Attached Garages
For Sale
$549,500

7561 Tournament Road, Frisco, TX 75035

Occupied duplex with matching layouts, private outdoor features, and recent building-system updates.

Property Size1,211 SF
Price / SF$453.76
Days on Market20

Property Features for 7561 Tournament Road

General Information

Standard status Active
Size 1,211 SF
Total Parking Spaces 4
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 2 x 3BR/2.5BA
Multifamily Units 2

Amenities

covered porch

Building Details

Year Built 1984
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: RE/MAX DFW Associates
Listed By: Fritz Realty Group
Source: Fritzrealtygroup
Added: Aug 10 Changed: Aug 28 Last Checked: Aug 29 at 8:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX DFW Associates

Investment Insights

Based on property information with market context.

This two-unit residential property at 7561 Tournament Road includes matching two-story floor plans, with each side offering three bedrooms, two full bathrooms, and a downstairs powder room. Both units have living, dining, and kitchen areas, LVP flooring on the main level, carpet upstairs, brick wood-burning fireplaces with gas starters, dedicated pantries, and utility rooms equipped for full-size appliances. Each residence also has an attached rear-entry two-car garage. The 7571 side adds a dining-area slider leading to a deck and side yard with upgraded privacy fencing.

Both units are occupied by long-term tenants under month-to-month agreements. Foundation work was completed on the 7561 side in 2017 with a transferable warranty. The full building roof was replaced in 2018 with Class 4 impact-resistant shingles. HVAC units were replaced in 2021 and 2019, respectively, and both water heaters were replaced in 2026. The property was built in 1984 and is near Stonebriar shopping and dining in Frisco.

Key Highlights

  • Two matching two‑story units, each with 3 bedrooms, 2 full baths, and a downstairs powder room
  • Attached rear‑entry 2‑car garages for both residences
  • Both units occupied by long‑term tenants on month‑to‑month agreements

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Travel Agency Carpet & Flooring Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

375
Businesses Nearby

Demographics for 75035, TX

82,596
Population
29,198
Households
2.8
Avg Household Size
35
Median Age
68%
College-Educated
96%
High-School Grad
24.9 sq mi
ZIP Area
3,317
Density / Sq Mi
$161,030
Median Household Income
$83,321
Median Earnings
$2,171
Median Rent
$562,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Occupied duplex with matching layouts, private outdoor features, and recent building-system updates.
Where is this duplex located?
The property is located at 7561 Tournament Road Frisco, TX.
What is the asking price?
The asking price for this property is $549,500.
What are key features of this property?
This property features: Two matching two‑story units, each with 3 bedrooms, 2 full baths, and a downstairs powder room; Attached rear‑entry 2‑car garages for both residences; Both units occupied by long‑term tenants on month‑to‑month agreements
More about this property
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