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$749,000

1140 Norfolk, Prosper, TX, 75078

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths4 Bath
Baths3,807 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$196.74 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Convection Oven, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesLighting, Private Yard, Storage

Building Information

Year Built2016
Stories2
Garage Spaces2

Land Information

APNR-9583-00L-0070-1
Lot Number7
SubdivisionVillage At Prosper Trail Phase I The (C
Land UseResidential
Legal DescriptionVILLAGE AT PROSPER TRAIL PHASE I THE (CPR), BLK L, LOT 7
Census Tract030304
Assessed Land Value$162,000
Assessed Improvement Value$565,374
Assessment Year2025

About this property

Custom-built and meticulously maintained in the heart of Prosper, TX. From the grand foyer, a dramatic curved staircase and rich hardwood floors set an immediate tone of quality and craftsmanship. The expansive living room with soaring beamed vaulted ceilings, stone wood-burning fireplace, and graceful arched doorways defines the character of this home - warm, light-filled, and a testament to true custom craftsmanship. The chef's kitchen is designed for those who love to cook and entertain - gas cooktop, convection oven, high-end granite, custom cabinetry, designer backsplash, and large island with bar seating flowing into a sunny breakfast nook. A formal dining room, private office, and two bedrooms with two full baths complete a main floor designed for the way families actually live. The primary suite is a true sanctuary - spa bath with garden tub, separate shower, dual vanities, and a spacious walk-in closet. A second bedroom with full bath on the main floor offers rare flexibility for guests, in-laws, or multigenerational living. Upstairs, an expansive game room, dedicated media room, and three additional bedrooms deliver space and versatility few homes can match - five bedrooms total, plus a study, game room, and media room. Outside, a large covered patio and pergola invite year-round living in a beautifully landscaped, private yard enclosed by an 8-ft cedar fence. Extended driveway with additional parking. EV charger in garage. Minutes to restaurants, shopping, recreation, and major highways. Prosper ISD - ranked among the top school districts in Texas. Full list of features and improvements available.

Investor Tools

Property Icon
$727,374
Estimated Property Value
$369,760Estimated Mortgage Balance
$394,893Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,494 /month
Positive
Cash Flow Estimate:
$1,498 /month

Interested in this property?

Scott Palmer

Keller Williams Legacy

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,087/month
$890/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,402
$727,374
2025
$162,000
$565,374
$727,374
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,402
$727,374

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Conventional
$369,760
No
First
May 25, 2021
Jun 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$332,481
$394,893
54%
46%
$2,217/mo

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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