1. Overview
  2. Location
  3. Interior
  4. Exterior
  5. Property
  6. Schools
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Status: Active

5183 Lorraine Dr 
Frisco, TX 75034

$1,325,000

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Experience elegance and comfort in this beautifully maintained and crafted Pierce Custom Home, perfectly situated in the prestigious The Lakes on Legacy, a gated community offering breathtaking and serene neighborhood (fishing ponds, hike and bike trails, playground, gated entrance), plus the indulgence of full membership at The Lakes Tennis Academy, located across Legacy Drive. From the moment you enter, you’ll appreciate the meticulous attention to detail, quality designs and fixtures, plantation shutters and custom built-ins throughout this 4,585 sq.ft. residence. Sunlight radiates through every corner, creating a bright and inviting ambiance. The thoughtful design continues upstairs, where you’ll find a second laundry room, a private balcony, and a versatile bonus playroom on the 2nd level. The stairway continues leading you into the 3rd floor to its one-of-a-kind media room, equipped for the ultimate entertainment experience. This home checks every box for luxury living—location, convenience, privacy, quality, 3-car garage, resort-style pool and spa, upgraded Architectural Dimensional Composition roof, spacious landscaped backyard with a charming playhouse—all nestled on a 0.34-acre lot in the heart of Frisco. In addition to the renown Lewisville ISD and Tom Hicks Elementary School within walking distance, ample private school options are available near The Lakes on Legacy (Christian Academy, Starwood Academy of Frisco, Prestonwood Christian Academy, etc.) along with additional options of Montessori Academy and Lela Academy.
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Bedrooms
5
Baths
4.5
House Size
4,585 sqft
Year Built
1999
Lot Size
0.34 ac
School District
Lewisville ISD

Location

Market Insights

In the last 30 days, homes for sale in The Lakes on Legacy, Frisco, TX were on the market for a median of 88 days and 0% of homes sold above list price.

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Interior Information

appliances
Dishwasher
Disposal
Gas Cooktop
Gas Water Heater
Microwave
Vented Exhaust Fan
cooling
Ceiling Fan(s)
Central Air
Electric
features
Built-in Features
Chandelier
Double Vanity
Eat-in Kitchen
Kitchen Island
Open Floorplan
Pantry
Vaulted Ceiling(s)
Walk-in Closet(s)
High Speed Internet
Wired For Sound
fireplace
Gas Log
flooring
Hardwood
Tile
heating
Exhaust Fan
Central

Exterior Information

features
Balcony
fence
Wood
pool
In Ground
Pool/spa Combo
roof
Composition

Property Information

architectural style
Traditional
construction
Brick
hoa fees
$2,200.00
Annually
lot
Interior Lot
Landscaped
Many Trees
Subdivided
parking
Covered
Attached
sewer
Public Sewer
subdivision name
The Lakes On Legacy Drive Ph Ii
utilities
Cable Available
Electricity Available
Natural Gas Available
water source
Public
  • Listed By Len Buysee
  • (214) 802-9604
  • Len Buysee Realty
  • (214) 802-9604
  • office@lenbuysee.com
  • MLS 21031210

Tax History

Date

Property Tax

Land

Additions

Tax Assessment

2025$7,947 (-27.5%)$336,894$759,911$1,096,805 (-0.7%)
2024$10,966 (0%)$336,894$767,096$1,103,990 (+5.7%)
2023$10,966 (+289.7%)$256,039$788,776$1,044,815 (+12.1%)
2022$2,814 (0%)$256,039$675,847$931,886 (+18.1%)
2021$2,814$229,088$559,952$789,040

Tax data provied by Attom


Monthly Payments Calculator

Estimated Monthly Cost

$8,126

30 year fixed·6.9% interest rate
Principal & Interest
$6,981
Property Taxes
$662
Home Insurance
$300
HOA Fees
$183
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