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Days47Days on Market
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$599,990

1020 Crystal Falls Drive, Prosper, TX, 75078

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,825 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$212.39 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Double Oven
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size7,545 sqft

Building Information

Year Built2002
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-4880-00A-0100-1
Lot Number10
SubdivisionGentle Creek Estates Phase Three (Cpr)
Land UseResidential
Legal DescriptionGENTLE CREEK ESTATES PHASE THREE (CPR), BLK A, LOT 10
Census Tract030302
Assessed Land Value$200,000
Assessed Improvement Value$398,246
Assessment Year2025

About this property

Incredible opportunity in Gentle Creek Estates at this price point, offering a level of care, updates, and livability that is increasingly hard to find. Zoned to highly acclaimed Prosper ISD and Walnut Grove High School, one of the district’s newest and most talked-about campuses, this home stands out for its thoughtful updates, functional layout, and move-in ready appeal within Prosper’s only golf course community. Beautiful wood floors, custom shutters, and updated lighting create an elevated first impression, setting the tone for the rest of the home. The kitchen features recently painted cabinetry, granite countertops, gas cooktop, double ovens, and a center island, all opening seamlessly to the main living areas for easy living, gathering, and entertaining. The living room is filled with natural light and highlighted by a vaulted ceiling, custom built-ins, and a gas log fireplace, offering the perfect balance of openness and warmth. The downstairs primary suite is privately positioned and serves as a true retreat, complete with an updated ensuite bath featuring dual sinks, painted cabinetry, updated lighting and plumbing fixtures, a jetted tub, separate shower, and a walk-in closet. Upstairs, a versatile loft provides additional living space, along with two secondary bedrooms connected by a Jack and Jill bath and a third room with a closet that can function as a fourth bedroom or home office, ideal for today’s flexible lifestyles. A rare walk-out attic offers an opportunity for future customization, ideal for additional living space, bathroom or tailored storage. Step outside to an extended covered patio with cedar accents overlooking a landscaped backyard, creating a private outdoor space perfect for relaxing evenings, entertaining, or everyday enjoyment. Residents enjoy access to a community pool and playground, completing the lifestyle this home offers. Opportunities like this in Gentle Creek Estates don’t come along often, especially at this price point.

Investor Tools

Property Icon
$598,246
Estimated Property Value
$0Estimated Mortgage Balance
$105,358Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,600 /month
Positive
Cash Flow Estimate:
$1,200 /month

Interested in this property?

Shannon Patterson

Coldwell Banker Apex, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,035/month
$581/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,431
$598,246
2025
$200,000
$398,246
$598,246
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,431
$598,246

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$506,400
No
First
Dec 20, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$492,888
$105,358
17%
82%
$3,037/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$3,618/mo
$-968/mo
5.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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