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$1,599,000

1400 Latigo Ct, Prosper, TX, 75078

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,840 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$416.41 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4.5Bathrooms Full 4.5
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Electric Oven, Ice Maker, Indoor Grill, Microwave, Tankless Water Heater, Wine Cooler
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Courtyard, Rain Gutters
Lot Size13,530 sqft

Building Information

Year Built2020
Stories2
Garage Spaces3

Land Information

APNR-11041-00K-0230-1
Lot Number23
SubdivisionSaddle Creek Phase Two B (Cpr)
Land UseResidential
Legal DescriptionSADDLE CREEK PHASE TWO B (CPR), BLK K, LOT 23
Census Tract030304
Assessed Land Value$440,000
Assessed Improvement Value$905,377
Assessment Year2025

About this property

Spectacular Jeff Pfeifer custom contemporary farmhouse on .3 acre corner lot overlooking pond! Completed in June 2021, this home is better than new with a refreshing play pool, spa, firepit & outdoor TV connections to enjoy w maintenance free artificial turf. This open & bright floor plan features the kitchen, family room & dining area combined into an expansive room overlooking a wall of windows w views of the pool, back yard & distant pond. The island kitchen features commercial-grade appliances, quartz counters, 6-burner gas cooktop, built-in fridge & walk-in pantry w custom shelving. The master suite overlooks the pool & pond & has a sitting area, spa-like bath & electric blackout shades for privacy. The media room is off the main living area & can be closed off with a sliding barn door. An office is located off the staircase & a game room up opens to a balcony overlooking the pond. Located in renowned Prosper ISD with convenient access to Dallas North Tollway, shopping & dining.

Investor Tools

Property Icon
$1,360,000
Estimated Property Value
$935,173Estimated Mortgage Balance
$496,418Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,594 /month
Positive
Cash Flow Estimate:
$3,198 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,440/month
$850/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$22,485
$1,345,377
2025
$440,000
$905,377
$1,345,377
No

Tax History

Year
Tax Paid
Assessed Value
2024
$22,485
$1,345,377

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thrive Mortgage Llc
Stand Alone First / Home Equity First Lien
$935,173
No
First
Apr 28, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$863,582
$496,418
36%
63%
$5,607/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,450/mo
$6,457/mo
$-3,007/mo
3.0%

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.

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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