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$913,219

NAL Estimated Property Value

1341 Monticello Dr, Prosper, TX, 75078

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,595 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$226.7 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Private Yard

Building Information

Year Built2005
Stories1
Garage Spaces2

Land Information

APNR-8600-007-0040-1
Lot Number4
SubdivisionLakes Of La Cima Phase Two (Cpr)
Land UseResidential
Legal DescriptionLAKES OF LA CIMA PHASE TWO (CPR), BLK 7, LOT 4
Census Tract030303
Assessed Land Value$300,000
Assessed Improvement Value$613,219
Assessment Year2025

About this property

Newly remodeled one story home! 4 beds, 3 bath home with office, game room and flex space. Office has French doors, built-in desk and WIC. Flex space has built-in mud bench. Family room is open to kitchen and large breakfast nook. The play room is just off the living space. Secondary bedrooms are all spacious, each with WICs. Primary bedroom is separated from other bedrooms, great size with sitting area. Primary bath has separate vanities, shower with dual shower heads. Primary closet has access to laundry room. Backyard has wonderful covered area to relax. Pool is a great size with diving board. Backyard still has plenty of grassy area to play. Renovations include wood-like tile flooring, new carpet in bedrooms and game room, reconfigured kitchen with new appliances, backsplash, counters, cabinetry. Bathrooms have new vanities, toilets, new tiled showers. New paint, baseboard, trim, built-ins in office, laundry, flex space, Newly tiles fireplace and more. Zoned for Walnut Grove HS

Investor Tools

Property Icon
$913,219
Estimated Property Value
$501,891Estimated Mortgage Balance
$411,328Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,479 /month
Positive
Cash Flow Estimate:
$1,826 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,868/month
$165/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,850
$913,219
2025
$300,000
$613,219
$913,219
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,850
$913,219

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homeward Mortgage Llc
Conventional
$530,200
No
First
Jun 29, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$501,891
$411,328
45%
55%
$3,179/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,450/mo
$3,344/mo
+$106/mo
4.5%

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.

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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1341 Monticello Dr | Property Details | No Agent List