Two-Story Duplex with
New
For Sale
Under Contract
$549,500
7561-7571 Tournament Road, Frisco, TX 75035
MULTI_FAMILY - Frisco, TX
Property SizeContact for details
Lot Size0.14 Acres
Days on Market4
Property Features for 7561-7571 Tournament Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
6
Full bathrooms
4
Half bathrooms
2
Rooms
Bathroom 1, Bathroom 4, Bedroom 3, Bedroom 2, Bedroom 6, Bathroom 6, Bedroom 1, Bedroom 4, Bathroom 2, Bathroom 5, Bedroom 5, Bathroom 3
Parking
8
Parking features
Driveway, Alley, Garage, Open
Interior features
HighSpeedInternet, Pantry, CableTv
Fireplace
1
Appliances
Dishwasher, ElectricRange, Disposal, GasWaterHeater
Subdivision
Kings Ridge Add Ph One
Lot features
Interior Lot, Landscaped, No Backyard Grass, Subdivision
Elementary school
Christie
Middle school
Clark
High school
Lebanon Trail
Elementary school district
Frisco ISD
Middle school district
Frisco ISD
High school district
Frisco ISD
Directions
North on Preston Road, Right (East) on Rolater, Left on Kings Ridge Rd, first Right on Camelot, first Left on Tournament, House on Left, sign in yard.
Standard status
Active Under Contract
APN
R1457006021B1
Lot size
0.14 Acres
Taxes and HOA fees
Tax Description
KINGS RIDGE ADDITION PHASE ONE (CFR), BLK 6,
Tax Annual Amount
5429
Legal Description
KINGS RIDGE ADDITION PHASE ONE (CFR), BLK 6,
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Central
Cooling system
Ceiling Fan(s), Central Air, Electric
Water source
Public
Amenities
shared covered porch
ceiling fans
fireplace
deck
pantry
Building Details
Year built
1984
Floors in Building
2
Number of units
2
Flooring type
Vinyl, Carpet
Building materials
Brick
Roof type
Shingle
Listing Agency:
Coldwell Banker Apex, REALTORS · Coldwell Banker Real Estate
(972) 562-5400
Listed By:
Beverly Wingard
(469) 450-7355
Added: Aug 9
Changed: Aug 11
Last Checked: Aug 12 at 6:06PM
MLS# 21354277
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1984 brick duplex contains two substantially matching, two-story residences, each with living, dining, kitchen, and a powder bath on the main level. Upstairs, each unit provides three bedrooms, two full bathrooms, ceiling fans, and ample closet space. Vinyl flooring serves the lower levels, while the bedrooms have carpet. Both living rooms include brick wood-burning fireplaces with gas starters, and each kitchen has extensive cabinetry, a dedicated pantry, and access to a utility room with full-size equipment connections. Attached rear-entry garages serve the property.
Both sides are occupied by long-term tenants on month-to-month agreements. The building sits on 0.14 acres at 7561-7571 Tournament Road in Frisco, near Stonebriar shopping and dining. Property updates include full roof replacement in 2018 with Class 4 impact-resistant shingles, HVAC replacement on the 7561 side in 2021 and the 7571 side in 2019, and water heater replacements in 2026. Foundation repairs were completed on the 7561 side in 2017 with a transferable warranty.
Both sides are occupied by long-term tenants on month-to-month agreements. The building sits on 0.14 acres at 7561-7571 Tournament Road in Frisco, near Stonebriar shopping and dining. Property updates include full roof replacement in 2018 with Class 4 impact-resistant shingles, HVAC replacement on the 7561 side in 2021 and the 7571 side in 2019, and water heater replacements in 2026. Foundation repairs were completed on the 7561 side in 2017 with a transferable warranty.
Key Highlights
- Two matching units, each with 3 bedrooms, 2 full baths, a powder bath, and a two‑story layout
- Both residences are occupied by long‑term tenants under month‑to‑month agreements
- Attached rear‑entry, 2‑car garages serve the duplex
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
375
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Matching residences offer fireplaces, dedicated pantries, utility connections, and attached rear-entry garages.
Where is this duplex 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: Two matching units, each with 3 bedrooms, 2 full baths, a powder bath, and a two‑story layout; Both residences are occupied by long‑term tenants under month‑to‑month agreements; Attached rear‑entry, 2‑car garages serve the duplex
