Frisco, TX 75035 6974 Waverly Lane

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Presented By: Aaron Morrow with Coldwell Banker Apex, REALTORS;
  • MLS# 21006165
  • 07/21/2025
  • Request Tour
  • Request Info
  • Beds • 9
  • Baths • 7
  • SQFT • 3,920
  • Garage • 2

Home Details

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.
Presented By: Aaron Morrow with Coldwell Banker Apex, REALTORS;

Interior Features for 6974 Waverly Lane

Bedrooms

Total Bedrooms9

Bathrooms

Half Baths0
Total Baths7

Other Interior Features

Fireplace FeaturesDining Room, Double Sided, Family Room, See Through Fireplace
Fireplaces Total1
Lock Box TypeCombo
Window FeaturesSkylights(s), Window Coverings
Laundry FeaturesElectric Dryer Hookup, Full Size W/D Area, Washer Hookup
Basement Y/NNo
Dining Areas2
FlooringLuxury Vinyl Plank
Interior FeaturesBuilt-in Features, Cable TV Available, Cathedral Ceiling(s), Chandelier, Eat-in Kitchen, Flat Screen Wiring, Granite Counters, High Speed Internet Available, In-Law Suite Floorplan, Kitchen Island, Vaulted Cei
Living Areas1

Other Rooms

Room Count22

General for 6974 Waverly Lane

Accessibility FeaturesAccessible Approach with Ramp, Accessible Bath - Full, Accessible Bedroom, Accessible Doors, Accessible for Hearing-Impairment, Accessible Grip, Accessible Hallway(s), Customized Wheelchair Accessible
AppliancesDishwasher, Electric Oven
Architctural StyleTraditional
Assoc Fees300
Association Fee FrequencyAnnually
Carport Spaces
CityFrisco
Construction MaterialsSiding
CoolingCeiling Fan(s), Central Air, Electric, Multi Units, Wall Unit(s)
CountyCollin
DirectionsSEE GPS!
Elementary SchoolGunstream
Elementary School NameGunstream
Full Baths7
HOA Fee IncludesManagement Fees
HOA TypeMandatory
HeatingCentral, Electric, Fireplace(s), Zoned
High SchoolCentennial
LevelsTwo
Listing Terms1031 Exchange, Cash, Conventional, Not Assumable, Private Financing Available, Special Funding, Other
Number of Garage Spaces2
Other EquipmentOther
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeSingle Family Residence
Property TypeResidential
RoofComposition
School DistrictFrisco ISD
Security FeaturesFire Alarm, Fire Sprinkler System, Key Card Entry, Security System Owned, Smoke Detector(s)
Special NotesSurvey Available
Standard StatusActive
StatusActive
Subdivision NameParkside Estates 2
Transaction TypeFor Sale
Unexempt Taxes11068
UtilitiesCable Available, City Sewer, City Water, Concrete, Curbs, Electricity Connected, Sidewalk, Underground Utilities, See Remarks
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built2003

Exterior for 6974 Waverly Lane

Attached Garage Y/NYes
Covered Spaces2
Foundation Slab
Garage Length20
Garage Width19
Garage Y/NYes
Lot FeaturesAdjacent to Greenbelt, Few Trees, Interior Lot, Landscaped, Lrg. Backyard Grass
Lot SizeLess Than .5 Acre (not Zero)
Lot Size Acres0.1900
Lot Size Area0.1900
Lot Size SourceAssessor
Lot Size Square Feet8276.4000
Lot Size UnitsAcres
Parking FeaturesCircular Driveway, Concrete, Driveway, Enclosed, Garage, Garage Faces Front, Garage Single Door
Patio And Porch FeaturesCovered, Front Porch
Structural StyleSingle Detached

Additional Details

Price History

Schools

Elementary School Gunstream Elementary School
Middle School N/A

Mec Cheney

Realtor
Price $1,070,000
MLS#21006165
List Date 07/21/2025
Property Type Single Family
Phone 903.570.7479
Request Tour
Request Info
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