Price Reduction - Waterfront
Address
4198 Peace Drive, Frisco, TX
Price
$ 775,000
Property Attributes
- MLS#21055365
- TypeSingle Family
- Listing Status Active
- CountyDENTON
- CityFrisco
- NeighborhoodHeritage Lakes Ph 1 & 3
- Zip75034
- StyleCraftsman,Traditional
- Year Built2002
- Taxes$ 11972
- Price$ 775,000
- Bedrooms5
- Full Bathrooms3
- Half Bathrooms1
- Sqr Footage3870
- Lot Size0.204 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Rare Waterfront Setting in Heritage Lakes! Welcome to 4198 Peace Dr., ideally positioned in the sought-after gated community of Heritage Lakes, where the location is truly the star. This exceptional home backs to one of the community’s picturesque ponds, offering peaceful water views and a beautiful backdrop from your own backyard. What makes this property especially unique is its direct access to Heritage Lakes’ scenic walking trails, allowing you to step out your back door and enjoy miles of peaceful paths throughout the community. The home is also next to a spacious HOA-maintained green space, providing an added sense of openness and privacy with no immediate neighbor on one side—and plenty of room for outdoor recreation. Inside, enjoy 5 bedrooms, 3.5 baths, approximately 3,870 square feet, and a 3-car garage, all situated on a premium 8,886-square-foot waterfront lot. Beyond your property, Heritage Lakes offers an impressive resort-style lifestyle with a clubhouse, fitness center and studio, pools, lazy river, 9-hole par-3 golf course, stocked fishing ponds, playgrounds, sports amenities, and miles of scenic trails. And the location is hard to beat. You're just minutes from The Star in Frisco, The Shops at Legacy, Stonebriar Centre, Grandscape, PGA Frisco, and major North Texas dining, shopping, and entertainment, with convenient access to the Dallas North Tollway and DFW Airport. If you're looking for a home where waterfront living, trails, green space, privacy, and resort-style amenities come together in one of Frisco's established gated communities, 4198 Peace Dr. is a rare opportunity. Schedule your private tour today.
| Elementary School |
|---|
| Hicks Elementary School |
| Price History | |
|---|---|
| 9/9/2025 | Listed $815,000 |
| 5/13/2026 | 1$814,999 |
| 7/17/2026 | 4$785,000 |
| 9/15/2026 | 2$775,000 |
General Features
| Utilities | City Sewer,City Water,Natural Gas Available |
|---|---|
| Possession | Subject to Lease |
| Appliances | Dishwasher,Disposal,Dryer,Electric Cooktop,Electric Oven,Electric Range,Gas Water Heater,Refrigerator |
| Assoc Fees | 648 |
| Number of Garage Spaces | 3 |
| School District | Lewisville ISD |
| HOA Fee Includes | Full Use of Facilities,Management Fees,Security |
| Year Built | 2002 |
| Architectural Style | Craftsman,Traditional |
| Levels | Two |
| Unexempt Taxes | 11972 |
| Will Subdivide | No |
| Property Subtype | Single Family Residence |
| Subdivision Name | Heritage Lakes Ph 1 & 3 |
| Transaction Type | For Sale |
| County | Denton |
| Property Type | Residential |
| Construction Materials | Brick |
| Association Fee Frequency | Quarterly |
| Year Built Details | Preowned |
| HOA Type | Mandatory |
| Full Baths | 3 |
| Status | Active |
| Directions | When coming north on Dallas North Tollway,exit on Lebanon and go west. Enter the community by taking a left on Village Ave. Take your first left on Constitution Dr,then right E Crecent Way,then left |
| City | Frisco |
| Elementary School Name | Hicks |
| High School | Hebron |
| Elementary School | Hicks |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/21055365 |
| Standard Status | Active |
| Listing Terms | 1031 Exchange,Cash,Conventional,FHA,FHA-203K,Not Assumable,VA Loan |
Interior Features
| Interior Features | Built-in Features,Multiple Staircases |
|---|---|
| Fireplace Features | Gas Starter |
| Fireplaces Total | 1 |
| Dining Areas | 1 |
| Living Areas | 3 |
| Room Count | 13 |
| Half Baths | 1 |
| Lock Box Type | Call Listing Office |
| Total Bedrooms | 5 |
| Total Baths | 4 |
Exterior Features
| Waterfront | Yes |
|---|---|
| Garage Length | 20 |
| Garage Width | 20 |
| Parking Features | Garage,Garage Double Door,Garage Faces Front,Garage Single Door |
| WaterFront Features | Lake Front |
| Lot Size | Less Than .5 Acre (not Zero) |
| Lot Size Area | 0.2040 |
| Lot Size Units | Acres |
| Structural Style | Single Detached |
| Garage Y/N | Yes |
| Lot Size Square Feet | 8886.2400 |
| Lot Size Acres | 0.2040 |
| Attached Garage Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 75034
Price
Taxes
Year Built
Visits
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