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214-760-6770 - DFW
903-560-4975 - Fannin County

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$1,070,000
1 Day On Site

6974 Waverly Lane
Frisco, TX 75035

For Sale|Single Family Residence|Active
9
Beds
7
Total Baths
7
Full Baths
3,920
SqFt
$273
/SqFt
2003
Built
Subdivision:
Parkside Estates 2
County:
Collin
Call Now: 214-760-6770
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214-760-6770
6974 Waverly Lane6974 Waverly Lane6974 Waverly Lane6974 Waverly Lane
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Incredible Portfolio Opportunity – Total of 6 Modified, previously licensed Residential Assisted Living Homes, BankOwned and Ready to Re-License! Rare investment opportunity to acquire a portfolio of six residential assisted living homes, each previously licensed for 8 private beds. These properties are bank-owned, unlicensed, but fully modified for assisted living use, offering tremendous potential for immediate re-licensure and operation. Each home has undergone ADA-compliant renovations, including modified bathrooms and accessible living spaces. Most feature extensive remodeling, spacious communal areas, and fully integrated 13R fire sprinkler and alarm systems, meeting key safety standards for licensing. Whether you're expanding your current operations or entering the growing assisted living market, this portfolio provides a turnkey foundation to quickly launch or scale. Pro forma financials and additional details available upon request. Contact listing agent for full offering information.

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Listing Snapshot
Price 
$1,070,000
Days On Site 
1 Day
Bedrooms 
9
Inside Area (SqFt) 
3,920 sqft
Total Baths 
7
Full Baths 
7
Partial Baths 
N/A
Lot Size 
0.19 Acres
Year Built 
2003
MLS® Number 
21006165
Status 
Active
Property Tax 
$11,068
HOA/Condo/Coop Fees 
$25 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
yesterdayListing first seen on site
General Features
Acres 
0.19
Attached Garage 
Yes
Foundation 
Slab
Garage 
Yes
Garage Spaces 
2
Parking 
Circular DrivewayConcreteDrivewayEnclosedGarageGarage Faces FrontAttached
Property Sub Type 
Single Family Residence
Security 
Fire AlarmFire Sprinkler SystemKey Card EntrySecurity System OwnedSmoke Detector(s)
Sewer 
Public Sewer
Special Circumstances 
Real Estate Owned
Stories 
Two
Style 
Traditional
Utilities 
Cable AvailableElectricity ConnectedUnderground UtilitiesSee Remarks
Water Source 
Public
Interior Features
Appliances 
DishwasherElectric Oven
Cooling 
Ceiling Fan(s)Central AirElectricMulti UnitsWall Unit(s)
Fireplace 
Yes
Fireplace Features 
Dining RoomDouble SidedFamily RoomSee Through
Fireplaces 
1
Flooring 
Vinyl
Heating 
CentralElectricFireplace(s)Zoned
Interior 
Built-in FeaturesCathedral Ceiling(s)ChandelierEat-in KitchenGranite CountersKitchen IslandVaulted Ceiling(s)Walk-In Closet(s)High Speed InternetIn-Law Floorplan
Laundry Features 
Electric Dryer HookupWasher Hookup
Window Features 
Skylight(s)Window Coverings
Bath-Full 
Dimensions - 10 x 8Level - First
Bedroom 
Dimensions - 15 x 10Level - FirstFeatures - Ceiling Fan(s)
Bonus Room 
Dimensions - 8 x 10Level - Second
Breakfast Room 
Dimensions - 8 x 8Level - FirstFeatures - Breakfast Bar
Dining Room 
Dimensions - 17 x 15Level - First
Kitchen 
Dimensions - 13 x 20Level - FirstFeatures - Breakfast Bar, Kitchen Island
Living Room 
Dimensions - 25 x 17Level - FirstFeatures - Ceiling Fan(s)
Master Bathroom 
Dimensions - 10 x 5Level - First
Master Bedroom 
Dimensions - 12 x 11Level - FirstFeatures - Ceiling Fan(s)
Office 
Dimensions - 8 x 8Level - First
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Exterior Features
Lot Features 
Few TreesInterior LotLandscaped
Patio And Porch 
CoveredFront Porch
Roof 
Composition
Windows/Doors 
Skylight(s)Window Coverings
Community Features
Accessibility Features 
Accessible EntranceAccessible Approach with RampAccessible BedroomAccessible DoorsAccessible for Hearing-ImpairmentAccessible Hallway(s)Customized Wheelchair AccessibleGrip-Accessible Features
Association Dues 
300
Financing Terms Available 
1031 ExchangeCashConventionalPrivate Financing AvailableSpecial Funding
HOA Fee Frequency 
Annually
School District 
Frisco ISD
Senior Community 
Yes
Schools
School District
Frisco ISD
Elementary School
Gunstream
Middle School
Wester
High School
Centennial
Listing courtesy of Aaron Morrow of Coldwell Banker Apex, REALTORS aaron@aaronmorrow.com



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2025-07-23 09:40 AM CDT

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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