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9718 Staffordshire Rd
Score
0
Frisco, TX

9718 Staffordshire Rd

600K
4 bd • 3 ba • 2,728 sf

This analysis was generated on 2/26/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

0:00
0:00 / 0:00
List Price

$599,900

Price/Sq.Ft

$220

Year Built

2020

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Prosper ISD Schools: The property is zoned for Prosper ISD schools, which are highly rated (Jim Spradley Elementary School: 9/10, Bill Hays Middle: 8/10, Rock Hill High School: 7/10), making it attractive to families with children. • Recent Construction: Built in 2020, the home is relatively new, reducing the likelihood of major repairs and maintenance issues compared to older properties. • Upgrades and Additions: The property features approximately $50,000 in homeowner upgrades, including an attic conversion into a media room and a patio extension, adding value and functionality. • Flexible Living Space: The home includes a flex space that can be used as a playroom, media room, or additional living area, providing versatility for different lifestyles. • Convenient Location: The property is located minutes from the PGA and DNT, and only 5 minutes from the Gates of Prosper, offering easy access to shopping, dining, and entertainment.

The Bad

• Days on Market: At 98 days on the market, the property has been listed longer than the average for Frisco, which could indicate pricing or other issues that need investigation. • Price Reductions: The property has undergone multiple price reductions (6.1% and 4.5% decreases), suggesting the initial listing price may have been too high for the current market. • Moderate Fire Risk (4/10): While not severe, the moderate fire risk could still lead to higher insurance premiums. • High Heat Risk (7/10): The property's location makes it susceptible to severe heat, potentially increasing energy costs. • Major Wind Risk (5/10): The property's location can result in significant wind-related damage and high insurance costs.

The Ugly

• Insurance Costs: The estimated annual insurance cost is $2159.64, which is relatively high and adds to the overall cost of ownership. • Climate Risks: The property has a Severe Heat Risk (7/10) and Major Wind Risk (5/10), which can lead to higher utility bills and potential damage from extreme weather events. • Unclear HOA Terms: While the HOA includes maintenance of grounds, there is no specific mention of the HOA fees. Potential buyers need to investigate HOA costs and regulations. • Price History: The property was listed for sale at $669,000 and has since undergone multiple price reductions to $599,900, which could raise concerns about its market value. • Potential Overvaluation: At $219.90 per square foot, the property's price per square foot may be higher than comparable homes in the area. Further market analysis is needed to confirm its competitive pricing.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

• Buyers seeking a home in the Prosper ISD school zone: The property is located in Frisco but zoned for Prosper schools, which are highly rated. This makes it ideal for families prioritizing education. • Homeowners who appreciate upgrades and modern amenities: The property features approximately $50,000 in homeowner upgrades, including an attic conversion into a media room and a patio extension. • Professionals needing dedicated office space: The home includes a designated office, catering to those who work remotely or require a quiet space for work or study. • Buyers looking for homes with flexible living spaces: With a flex space that can be used as a playroom, media room, or additional living area, this home offers versatility to adapt to changing needs. • Buyers prioritizing convenient access to entertainment and shopping: Located minutes from the PGA and DNT, and just 5 minutes from the Gates of Prosper, the property provides easy access to premier shopping, dining, and entertainment options.

Not For

• Individuals seeking a smaller home or lower price point: At $599,900 and 2,728 square feet, this property may not be suitable for those seeking more affordable or smaller living spaces. • Buyers who prefer established neighborhoods with mature landscaping: As a newer build from 2020, the landscaping may not be as developed as in older neighborhoods. • Those who require minimal maintenance: While the HOA includes maintenance of grounds, potential buyers should be prepared for general home maintenance and repairs associated with a single-family residence. • Buyers sensitive to climate risks: With a Severe Heat Risk (7/10) and Major Wind Risk (5/10), those concerned about extreme weather may find this property less appealing. • Individuals seeking a guaranteed return on investment: While Frisco has a strong rental market, there are no guarantees of rental income or property appreciation.
Demographics
Area Median Income

$142,995

Property History

Price History
Ownership Timeline
$0Financed
Mar 22, 2021
Megatel Homes LlcFinny H Khan, Shannon Michele Khan
Vendors Lien
New Construction Residential Transactions

Property Taxes

$10,036
2024 Tax Assessment
11.3%from previous year
Assessed Value$619,304
Tax Rate1.62%

Sunlight Analysis

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Sunlight Analysis

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Risk Assessment

Climate Risks

heatMAJOR

7 extreme heat days per year

98th percentile: 109°F

windMODERATE

Insurance: Required

airMODERATE

4 bad air quality days per year

fireMODERATE

Insurance: Recommended

floodMINIMAL

FEMA Zone: Minimal Risk Area

Insurance: Optional

Risk Analysis

• High Heat Risk (7/10): The property is exposed to severe heat, with a 98th percentile temperature of 109°F and 7 hot days per year. This could lead to higher energy costs and potential health concerns during peak summer months. • Major Wind Risk (5/10): The property faces major wind risk, which may necessitate critical insurance coverage. Potential buyers should factor in the cost of wind-related damage repairs. • Moderate Fire Risk (4/10): While the fire risk is moderate, potential buyers should still obtain recommended insurance coverage and consider preventative measures to mitigate fire hazards. • Market Fluctuations: The Frisco housing market is subject to change. Property values can be affected by economic downturns, interest rate changes, and shifts in local development plans. • HOA Restrictions: Buyers should carefully review the HOA rules and regulations, as they may impose restrictions on landscaping, exterior modifications, and other aspects of property use.
Insurance
Annual Cost

$2,160

$180 per month

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Schools

Prosper High School

PublicGrades 9-12
9/10
High
2,974 students

Reynolds Middle School

PublicGrades 6-8
7/10
Middle
1,409 students

Judy Rucker Elementary School

PublicGrades PK-5
6/10
Elementary
839 students

Financials

Monthly Costs
Market Rent (4 bed)

$3,860

Get a detailed estimate on Zillow®
HOA Fee

$68

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