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$459,900

1200 Norfolk, Prosper, TX, 75078

$562,050 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,860 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$119.15 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Electric Range, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2016
Stories2
Garage Spaces3

Land Information

APNR-9583-00L-0090-1
Lot Number9
SubdivisionVillage At Prosper Trail Phase I The (C
Land UseResidential
Legal DescriptionVILLAGE AT PROSPER TRAIL PHASE I , THE (CPR), BLK L, LOT 9
Census Tract030304
Assessed Land Value$162,000
Assessed Improvement Value$565,547
Assessment Year2025

About this property

New August 2017 home 126K in upgrades. $5,000 carpet allowance.5 bedroom home with 4 large bdrms up and 4 full baths in PISD. High ceilings and exceptional architectural detail including extensive crown and picture frame molding, distinctive ceilings,arched entries and art niches. Bright and open floor plan with large windows and vaulted ceilings. Hand scraped hardwood floors. Gourmet island and kitchen with appliances, gas cook top, granite, under counter lighting and designer back splash. Trendy custom cabinetry with glass doors and built in wine rack. Upscale designer bathrooms. Media,game and 4 bedrooms up. 3 car tandem garage with epoxy finished floors. Pictures are from original listing -home is vacant.

Investor Tools

Property Icon
$855,000
Estimated Property Value
$534,750Estimated Mortgage Balance
$362,094Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$562,049
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,130 /month
Positive
Cash Flow Estimate:
$1,710 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,259/month
$520/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,836
$727,547
2025
$162,000
$565,547
$727,547
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,836
$727,547

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rlm Mortgage Llc
Conventional
$534,750
No
First
Mar 7, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$492,906
$362,094
42%
58%
$3,207/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,450/mo
$3,727/mo
$-277/mo
4.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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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1200 Norfolk | Property Details | No Agent List