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$1,045,000

NAL Estimated Property Value

1301 Castle Dr, Prosper, TX, 75078

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,878 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.93 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
AppliancesBuilt-In Gas Range, Dishwasher, Disposal
FlooringCarpet, Combination, Wood

Exterior

Lot Size15,115 sqft

Building Information

Year Built2019
Stories2
Garage Spaces2

Land Information

APNR-11318-00F-0100-1
Lot Number10
SubdivisionFalls Of Prosper Phase I (Cpr)
Land UseResidential
Legal DescriptionFALLS OF PROSPER PHASE I (CPR), BLK F, LOT 10
Census Tract030303
Assessed Land Value$236,250
Assessed Improvement Value$623,874
Assessment Year2025

About this property

Gorgoeus home in the highly desirable community of Falls Of Prosper. High ceilings, with an open floor plan Downstairs primary bedroom with an oversized primary bathroom attached with dual sinks, large walk-in shower, soaking tub and extra large walk-in closets. Great entertaining home offers a large family room, fireplace, which seamlessly attaches to a gorgeous light and bright kitchen with lots of cabinet space, extra large island with upgraded granite countertops, stainless steel appliances and walk-in pantry. Large breakfast room right off the kitchen. Downstairs also offers two bedrooms office and dining room and downstairs utility room. Upstairs offers two oversized bedrooms, loft and bonus room which can be used as a media room or game room. Oversized backyard located on a corner lot. Enclosed patio a great place to enjoy year round. Seller has spent thousands in upgrade's features PAID OFF SOLAR SYSTEM, Beautiful hardwood flooring downstairs, situated perfectly for Vastu.

Investor Tools

Property Icon
$1,045,000
Estimated Property Value
$369,525Estimated Mortgage Balance
$675,475Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,270 /month
Positive
Cash Flow Estimate:
$2,090 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,756/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,844
$860,124
2025
$236,250
$623,874
$860,124
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,844
$860,124

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Taylor Morrison Home Funding Llc
Conventional
$418,500
No
First
May 20, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$369,525
$675,475
64%
35%
$2,510/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,450/mo
$2,510/mo
+$940/mo
4.0%

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.

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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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1301 Castle Dr | Property Details | No Agent List