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$520,000

1317 Palestine Drive, Prosper, TX, 75078

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,252 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.25 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCeramic Tile, Wood

Exterior

Lot Size6,599 sqft

Building Information

Year Built2017
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR301665
Lot Number8
SubdivisionArtesia Ph 1a
Land UseResidential
Legal DescriptionARTESIA PH 1A BLK 43 LOT 8
Census Tract020128
Assessed Land Value$138,600
Assessed Improvement Value$381,400
Assessment Year2025

About this property

Welcome home to this beautiful 1 story with 3 car garage in Prosper for under $370k! This light, bright, open concept shows like new and is perfect for entertaining with its large kitchen, dining and family room with coffered ceiling. This split floor plan features a private master suite, master bath with his and her sinks and oversized spacious closet. Seller has made many custom upgrades including new hardwoods and plantation shutters that add to the high end feel of this gently lived in home. A private office and half bath off of the entry is perfect for working from home or home schooling. Schedule your showing today as this one will go quickly!

Investor Tools

Property Icon
$520,000
Estimated Property Value
$0Estimated Mortgage Balance
$262,023Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,120 /month
Positive
Cash Flow Estimate:
$1,040 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$656/month
$258/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,277
$520,000
2025
$138,600
$381,400
$520,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,277
$520,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Financial Network Inc
Conventional
$289,200
No
First
Oct 29, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$257,977
$262,023
50%
50%
$1,734/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$1,992/mo
+$658/mo
6.1%

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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1317 Palestine Drive | Property Details | No Agent List