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$899,000

1200 Monticello Dr, Prosper, TX, 75078

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths4,074 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$220.67 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Cooktop, Convection Oven, Double Oven, Wine Cooler
FlooringCarpet, Hardwood, Marble, Stamped, Tile, Stone

Exterior

Lot Size15,463 sqft

Building Information

Year Built2005
Stories2
Garage Spaces2

Land Information

APNR-8600-004-0130-1
Lot Number13
SubdivisionLakes Of La Cima Phase Two (Cpr)
Land UseResidential
Legal DescriptionLAKES OF LA CIMA PHASE TWO (CPR), BLK 4, LOT 13
Census Tract030303
Assessed Land Value$300,000
Assessed Improvement Value$633,266
Assessment Year2025

About this property

From the moment you step inside, this beautifully updated home in the established Lakes of La Cima community and Prosper ISD blends generous spaces and thoughtful renovations. This North facing home offers 4 bedrooms, a private study that can also serve as a fifth bedroom, 3 full baths, a 3 car garage, and an oversized .37 acre lot. Natural light fills the home enhanced by new Pella windows installed in 2021. Oak hardwood flooring throughout the first level complements the fresh interior paint, creating a cohesive look. New front and back doors and two new water heaters were also added in 2021. The impressive two story living room with soaring ceilings flows seamlessly into the breakfast area and remodeled kitchen. Designed for everyday living and entertaining, the kitchen features quartzite countertops, a large center island, black stainless steel Samsung appliances, a 36 inch gas cooktop, updated lighting, and extensive cabinetry. The spacious first floor primary suite features casement windows, motorized shades, a sliding barn door, frameless glass shower, and an expansive custom walk in closet. The fully remodeled laundry room, completed in 2026, features custom white oak cabinetry, quartz countertops, champagne bronze fixtures, marble flooring and backsplash, and a designer chandelier. The additional full bath downstairs has been refreshed with a new white oak vanity and quartz countertops. Upstairs, two oversized bedrooms share a completely remodeled Jack-and-Jill bath with an oversized walk in shower, marble accents, quartzite countertops, and newly refaced cabinetry. A spacious game room with a sliding barn door and dedicated media room with tiered seating provide more space to relax and entertain. The backyard features an expansive A frame cedar covered patio creating an inviting outdoor retreat, complemented by landscape lighting and a new fence. This meticulously maintained home offers a rare combination of space and design in the heart of Prosper.

Investor Tools

$48,281Estimated Mortgage Balance
$884,985Estimated Equity
94% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,600 /month
Positive
Cash Flow Estimate:
$1,867 /month

Interested in this property?

Francesca Movchan

Coldwell Banker Apex, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,482/month
$237/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,116
$933,266
2025
$300,000
$633,266
$933,266
No

Tax History

Year
Tax Paid
Assessed Value
2025
$13,116
$933,266

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Credit Line (Revolving) / Heloc
$50,000
No
First
Sep 13, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$48,281
$884,985
94%
5%
$300/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,450/mo
$537/mo
+$2,913/mo
4.4%

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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