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$831,000

NAL Estimated Property Value

1171 SHASTA Lane, Prosper, TX, 75078

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,008 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$221.04 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Double Oven, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Tankless Water Heater, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size16,901 sqft

Building Information

Year Built2019
Stories1
Garage Spaces3

Land Information

APNR-11318-00B-0030-1
Lot Number3
SubdivisionFalls Of Prosper Phase I (Cpr)
Land UseResidential
Legal DescriptionFALLS OF PROSPER PHASE I (CPR), BLK B, LOT 3
Census Tract030303
Assessed Land Value$250,000
Assessed Improvement Value$531,412
Assessment Year2025

About this property

Multiple offers. Highest and best by Monday, June 7th at 3:00 pm. The Perfect One Story 4 Bedrm, 3 Bath home is designed with flexible options to suit the unique needs of your family. The family room serves as the heart of the home, overlooking the covered back patio through a wall of windows. A beautiful central fireplace in the family room is visible from the open-concept kitchen and breakfast nook, as well as the nearby dining room. The private master suite features beautiful tray ceilings and a huge walk-in closet. There are three additional bedrooms at the front of the house, as well as a flex room that can serve as a living room or study. Wood floors, blinds, 3 car garage, huge corner lot.

Investor Tools

Property Icon
$831,000
Estimated Property Value
$461,252Estimated Mortgage Balance
$369,748Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,986 /month
Positive
Cash Flow Estimate:
$1,662 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,417/month
$688/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,846
$781,412
2025
$250,000
$531,412
$781,412
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,846
$781,412

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Simmons Bank
Conventional
$508,000
No
First
Jul 19, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$461,252
$369,748
44%
56%
$3,046/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,450/mo
$3,734/mo
$-284/mo
5.0%

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.

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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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1171 SHASTA Lane | Property Details | No Agent List