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$544,000

1410 Cedar Ridge Dr, Prosper, TX, 75078

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,300 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.26 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Dishwasher, Disposal, Electric Oven, Microwave, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2010
Stories1
Garage Spaces2

Land Information

APNR-9206-00A-0230-1
Lot Number23
SubdivisionCedar Ridge Estates (Cpr)
Land UseResidential
Legal DescriptionCEDAR RIDGE ESTATES (CPR), BLK A, LOT 23
Census Tract030303
Assessed Land Value$160,000
Assessed Improvement Value$350,679
Assessment Year2025

About this property

Rare rental opportunity in sought after Cedar Ridge Estates. Easy access to Tollway, 380 and Preston Rd. Prosper schools, upgraded GE stainless steel appliances with convection oven. Complete lawn service included. Stainless steel French door fridge included plus bonus SS French Door fridge in garage. Fully upgraded property with open floor plan and large split bedrooms. Custom blinds throughout. Ceiling fans in all living & bedroom areas. The oversized backyard is perfect for play or relaxing. The covered patio is the perfect surprise. Recently painted & new carpet. Ring doorbell, app controlled thermostat. Pets are case by case and must be approved by owner.

Investor Tools

Property Icon
$544,000
Estimated Property Value
$238,400Estimated Mortgage Balance
$354,147Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,264 /month
Positive
Cash Flow Estimate:
$1,088 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,131/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,855
$510,679
2025
$160,000
$350,679
$510,679
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,855
$510,679

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colonial National Mortgage
Conventional
$238,400
No
First
Sep 22, 2016
Oct 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$189,853
$354,147
65%
35%
$1,430/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,450/mo
$1,430/mo
+$2,020/mo
7.6%

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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1410 Cedar Ridge Dr | Property Details | No Agent List