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$794,000

$799,000

1041 Lone Grove Ln, Prosper, TX, 75078

On MarketInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths3,291 Sq Ft
price_per_sqft$241.26 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Double Oven
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size7,841 sqft

Building Information

Year Built2020
Stories2
Garage Spaces3

Land Information

APNR-11830-00W-0050-1
Lot Number5
SubdivisionStar Trail Phase Three (Cpr)
Land UseResidential
Legal DescriptionSTAR TRAIL PHASE THREE (CPR), BLK W, LOT 5
Census Tract030304
Assessed Land Value$190,000
Assessed Improvement Value$634,566
Assessment Year2025

About this property

Immaculate 4-bedroom home on a stunning corner lot, offering exceptional drive-up appeal and thoughtfully designed living spaces throughout. Step inside to rich hardwood floors that flow seamlessly through the main level, setting the tone for the home’s refined style. The chef’s kitchen is a true standout, featuring stainless steel appliances, double ovens, custom cabinetry, and generous prep space — perfect for everyday cooking or hosting gatherings. The open layout connects effortlessly to the main living areas, creating a natural hub for entertaining. The primary suite is a private retreat with a spacious walk-in closet, dual vanities, and a luxurious oversized shower designed for relaxation. Upstairs, you’ll find two additional bedrooms, along with a game room and media room, offering flexible spaces for play, work, or unwinding. Step outside to the outdoor living area, ideal for grilling, lounging, or enjoying quiet evenings. The home also includes an oversized laundry room and an extra-large two-car garage, providing abundant storage and functionality. Community includes club house, swimming pools, tennis and pickle ball courts, playground along with hike and bike trails. This property blends comfort, style, and space in all the right ways — a rare find that’s truly move-in ready. $5000 buyer credit is available with acceptable offer!

Investor Tools

$373,459Estimated Mortgage Balance
$451,712Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,947 /month
Positive
Cash Flow Estimate:
$1,649 /month

Interested in this property?

Laura Bacon

Coldwell Banker Apex, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,230/month
$385/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,636
$824,566
2025
$190,000
$634,566
$824,566
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,636
$824,566

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Roundpoint Mortgage Servicing Corp
Assumption
$387,380
Yes
First
Jul 2, 2024
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$373,459
$451,107
54%
45%
$2,323/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,450/mo
$2,708/mo
+$742/mo
5.0%

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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1041 Lone Grove Ln | Property Details | No Agent List