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Days61Days on Market
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$599,900

$624,000

1000 Chapala Ct, Prosper, TX, 75078

On MarketInfo
Price DropInfo
Beds6 Beds
Baths3 Bath
Baths3,072 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$195.28 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal
FlooringCarpet, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2006
Stories2
Garage Spaces2

Land Information

APNR-8599-023-0010-1
Lot Number1
SubdivisionLakes Of La Cima Phase One (Cpr)
Land UseResidential
Legal DescriptionLAKES OF LA CIMA PHASE ONE (CPR), BLK 23, LOT 1
Census Tract030303
Assessed Land Value$207,575
Assessed Improvement Value$441,912
Assessment Year2025

About this property

Lying situated on an enormous corner lot in a quiet cul-de-sac, this single-owner home has been meticulously maintained and backs up to Pecan Grove Park. The 20+ acre park encompasses a fishing lake, plenty of trails, and a playground complete with pavilion and picnic tables, all within just a short distance from your front door. The community pool lies adjacent to the park, providing another avenue of entertainment to be found right at your fingertips. The covered back patio enjoys panoramic views of much of this, including the expansive backyard shaded by numerous mature trees. The yard is surrounded by a recent 9’ wood fence, with brick fence at back maintained by the HOA. The home itself boasts a large island kitchen equipped with tons of counters and cabinet space, plus stainless-steel appliances including a gas range, all open to the dining and living areas. The spacious dining area is provided with spectacular views of the backyard and lake beyond. Giant living area is outfitted with a fireplace with gas logs. Big downstairs master bedroom is served by a luxury bath accoutered with jetted tub, separate shower, dual sinks, vanity, and walk-in closet. Also, downstairs is a secondary bedroom and office with glass front French doors. Designer carpet has been installed at the stairs leading up to the upstairs retreat which contains four more bedrooms, two adjoined by a jack-and-jill bath, while another full bath services the other two. Handsome wood flooring adorns much of the downstairs with gorgeous plantation shutters found throughout. Another nice feature is the floored attic space accessible through an upstairs door and the mudroom separating the oversized 3-car garage from the rest of the home. Additional parking pad at the side-entry garage is complemented by built-in basketball hoop. Long-established neighborhood of The Lakes of La Cima, with NO MUD or PID, provides easy access to nearby shopping and entertainment venues, plus feeds into Walnut Grove H.S..

Investor Tools

$276,421Estimated Mortgage Balance
$416,095Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,152 /month
Positive
Cash Flow Estimate:
$1,384 /month

Interested in this property?

Doug Erwin

JPAR North Metro

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,009/month
$237/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,649
$649,487
2025
$207,575
$441,912
$649,487
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,649
$649,487

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$301,000
No
First
Feb 28, 2022
Mar 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$276,421
$415,579
60%
40%
$1,805/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,450/mo
$2,042/mo
+$1,408/mo
6.0%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Prosper

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1000 Chapala Ct | Property Details | No Agent List