Active Option Contract

11194 Parliament Lane

Frisco, Texas 75035

$1,300,000 $5,480/Mo

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Overview

Bed

Bath

5,474

Sqft

0.36

Acre(Lot)

Description

Situated on an exceptional .364-acre corner lot overlooking a tranquil green space and a scenic creek, this impressive Shaddock-built estate offers over 5,500 square feet of refined luxury living. A grand iron front door opens to a dramatic two-story entry, leading into a light-filled interior featuring refinished hardwood floors, fresh paint, and extensive crown molding throughout. Designed for both everyday living and upscale entertaining, the open-concept layout is highlighted by a soaring two-story living room with a gas fireplace that seamlessly connects to the kitchen. The well-appointed kitchen features granite countertops, a large island with bar seating, stainless steel appliances including a double oven and commercial-grade cooktop, a planning desk, and a walk-in pantry with cust om shelving organization. The main level is thoughtfully designed to accommodate a variety of living needs, featuring both a luxurious primary suite and a private guest ensuite—ideal for multigenerational living or comfortably hosting overnight guests. Upstairs, enjoy endless entertainment options with a large game room, wet bar, and dedicated media room. Step outside to the expansive balcony deck overlooking the backyard, greenbelt, and creek, complete with a spiral staircase providing direct access to the outdoor living spaces below. The backyard is truly a showstopper—featuring a massive pool and spa, a covered patio with built-in gas grill and wood-burning fireplace, plus a blend of turf and grassy areas for play and relaxation. Additional highlights include an iron gated porte-cochere with 4-car garage, owned solar panels, and a lightning protection system. An extraordinary opportunity combining luxury, scale, and an unbeatable homesite.

Property Details

Property Type : Residential

Price : $1,300,000

AD Id : 78468058

MLS Id : 557917448

Beds : 5

Lot Size : 0.36 Acre

Living Area Size : 5,474

Year Built : 2011

Garage : 4

County : Collin

Subdivision: Villages Of Stonelake Estates Ph Ib

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 5 Window Features: Shutters,Window Coverings

Bathroom Information

Total Baths: 4.5 Full Baths: 4 Half Baths: 1
Interior Features

Cable TV Available,Decorative Lighting,Double Vanity,Eat-in Kitchen,Flat Screen Wiring,Granite Counters,High Speed Internet Available,In-Law Suite Floorplan,Kitchen Island,Multiple Staircases,Open Floorplan,Sound System Wiring,Vaulted Ceiling(s),Walk-In Closet(s),Wet Bar

Appliances

Dishwasher,Disposal,Electric Oven,Gas Cooktop,Gas Water Heater,Double Oven,Plumbed For Gas in Kitchen,Refrigerator,Vented Exhaust Fan

Utilities

Cable Available,City Sewer,City Water,Individual Gas Meter,Individual Water Meter,Sidewalk,Underground Utilities
Cooling Features

Ceiling Fan(s),Central Air,Electric

Energy

Green Energy: Thermostat

Heating Source

Central,Natural Gas

Fireplace

Number of Fireplaces: 2 Fireplace Features: Gas,Living Room,Raised Hearth,Wood Burning Stove

Building Information

Built Year: 2011 Construction: Brick,Stone Veneer,Wood Roof Type: Composition,Shingle
Exterior Features

Attached Grill,Balcony,Covered Patio/Porch,Gas Grill,Rain Gutters,Outdoor Grill

Foundation

Slab

Security Features

Fire Sprinkler System,Security System Owned,Smoke Detector(s)
Pool Features

Diving Board,Gunite,Heated,In Ground,Lap,Pool Sweep,Pool/Spa Combo

Laundry Features

Electric Dryer Hookup,Utility Room,Full Size W/D Area,Washer Hookup

Patio And Porch

Covered,Rear Porch,Other

Fencing

Back Yard,Wood

Construction Materials

Brick,Stone Veneer,Wood

Lot Information

Lot Size (Acr): 0.3640 Lot Size Units: Acres Lot Size Square Feet: 15,856 Lot Size Source: Assessor Lot Features: Adjacent to Greenbelt,Corner Lot,Few Trees,Landscaped,Sprinkler System,Subdivision
Property Information

SQ ft (Living Area): 5,474 Property Type: Residential Property Sub Type: Single Family Residence Architectural Style: Traditional Subdivision: Villages Of Stonelake Estates Ph Ib City: Frisco State: Texas Directions: Located in the Villages of Stonelake Estates off Independence and El Dorado across the street from Independence High school. Property Status: Active Option Contract Exclusions: All decorative mirrors and staging materials. Levels: Two Property Age: 15 Year Built Details: Preowned

Listing Price Information

Original List Price: $1,300,000 List Price Tot SqFt: $237
Listing Information

Possession: Closing/Funding

Tax Information

Parcel Number: R959200K00701 Tax Block: K Tax Legal Description: VILLAGES OF STONELAKE ESTATES PHASE IB (CFR), Tax Lot: 7 Unexempt Taxes: $19,843

Parking Information

Has Garage Garage Space: 4 Carport Spaces: 1 Parking Features: Porte-Cochere,Electric Gate,Garage,Garage Door Opener,Garage Double Door,Garage Faces Front,Garage Faces Rear,Garage Single Door
Homeowners Association Information

Included Fees: Full Use of Facilities,Management Fees HOA Type: Mandatory HOA: $708.00 HOA Frequency: Annually

School Information

Elementary School: Ashley Middle School: Nelson High School: Independence School District: Frisco ISD
Utility Information

Utilities: Cable Available,City Sewer,City Water,Individual Gas Meter,Individual Water Meter,Sidewalk,Underground Utilities Green Energy Efficient: Thermostat

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
11058 Wellshire Lane, Frisco, TX, 75035	$899,000	5	4	4,616	4,616 SqFt
15961 Custer Trail, Frisco, TX, 75035	$2,199,999	5	4	5,179	5,179 SqFt
16194 Inca Dove Court, Frisco, TX, 75035	$1,149,900	4	5	3,377	3,377 SqFt
15841 River Glen Drive, Frisco, TX, 75035	$515,000	4	3	2,339	2,339 SqFt
10040 Little Horn Circle, Frisco, TX, 75035	$1,980,000	5	6	5,867	5,867 SqFt
15774 Wrangler Drive, Frisco, TX, 75035	$435,000	3	2	1,815	1,815 SqFt
15835 Durango Drive, Frisco, TX, 75035	$430,000	3	2	2,013	2,013 SqFt
15827 Appaloosa Drive, Frisco, TX, 75035	$419,900	3	2	1,796	1,796 SqFt
15750 Palo Pinto Drive, Frisco, TX, 75035	$528,950	3	2	2,077	2,077 SqFt
15653 Crown Cove Lane, Frisco, TX, 75035	$965,000	5	4	3,747	3,747 SqFt

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ByOwner last updated this listing 06/17/2026 @ 07:24

MLS: 557917448 LISTED BY: Carrie Corcoran, OnDemand Realty 800-257-1242 SOURCE: NTREIS - North Texas Real Estate Information