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Residential Income Property with Garage
For Sale
$549,500
Pending

7561-7571 Tournament Road, Frisco, TX 75035

Features central air, natural gas service, and an attached rear-facing garage with alley access.

Property Size1,211 SF
Days on Market13

Property Features for 7561-7571 Tournament Road

General Information

Standard status Pending
Size 1,211 SF
Total Parking Spaces 8
Property subtype Residential Income
Lease Term Month To Month
Net Operating Income $23,622

Taxes and HOA fees

Annual Taxes $5,429

Amenities

Curbs, Sidewalks
Ceiling Fan(s), Central Air, Electric
Central, Natural Gas
Dishwasher, Disposal, Electric Range, Gas Water Heater
Pantry, High Speed Internet
Gas Starter, Living Room, Wood Burning
Partial, Wood
Alley Access, Concrete, Direct Access, Driveway, Garage, Garage Door Opener, Garage Faces Rear, Inside Entrance, Kitchen Level, Attached

Building Details

Building Size 1,211 SF
Year Built 1984
Buildings 1
Listing Agency: COLDWELL BANKER APEX, REALTORS
Listed By: Beverly Wingard
Source: Evrealestate
Added: Aug 11 Changed: Aug 16 Last Checked: Aug 15 at 5:06AM

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 COLDWELL BANKER APEX, REALTORS

Investment Insights

Based on property information with market context.

This residential income property at 7561-7571 Tournament Road includes central air, ceiling fans, and an electric system. Interior features include a dishwasher, disposal, electric range, gas water heater, pantry, high-speed internet, and a living room fireplace with gas starter and wood-burning capability. The property also has partial wood exterior detailing, concrete surfaces, a driveway, and an attached garage with an opener, rear-facing orientation, inside entrance, and kitchen-level access.

Built in 1984, the property is located in Collin County. Access directions identify Preston Road, Rolater, Kings Ridge Road, Camelot, and Tournament Road as the approach sequence. Natural gas service is noted among the property's systems.

Key Highlights

  • Built in 1984
  • Attached garage with opener, rear‑facing orientation, and inside entrance
  • Alley access with concrete driveway

Property Analytics

Current Use

Multifamily properties

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.

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
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Frequently Asked Questions

What type of property is this?
Residential income property - Features central air, natural gas service, and an attached rear-facing garage with alley access.
Where is this residential income property located?
The property is located at 7561-7571 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: Built in 1984; Attached garage with opener, rear‑facing orientation, and inside entrance; Alley access with concrete driveway
More about this property
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