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$1,399,999

1500 Gentle Way, Prosper, TX, 75078

On MarketInfo
Beds5 Beds
Baths5 Bath
Baths4,346 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$322.14 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Water Heater, Ice Maker, Microwave, Double Oven
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Outdoor Grill, Outdoor Kitchen, Playground, Private Yard
Lot Size1.13 acres

Building Information

Year Built1999
Stories2
Roof Type105
Garage Spaces3

Land Information

APNR-3847-00B-0310-1
Lot Number31
SubdivisionGentle Creek Estates Phase Two (Cpr)
Land UseResidential
Legal DescriptionGENTLE CREEK ESTATES PHASE TWO (CPR), BLK B, LOT 31
Census Tract030302
Assessed Land Value$253,958
Assessed Improvement Value$929,182
Assessment Year2025

About this property

Timeless elegance awaits on an expansive 1.13-acre lot in the sought-after community of Gentle Creek Estates. This stately two-story residence welcomes you with a dramatic entry featuring 19' soaring ceilings and a graceful winding staircase. The formal living room centers on a striking cast stone fireplace, while a flexible bonus room works beautifully as a workout room, bedroom, or office, or converts easily to a formal dining room to suit your needs. The heart of the home is the spacious kitchen, appointed with stainless steel appliances, custom cabinetry, a butler's pantry, and granite countertops. The main-level primary suite is a private sanctuary with a sitting area, spa-inspired bath, and generous 12x12 walk-in closet. A guest bedroom and full bath on the main level provide ideal accommodations for visitors or multigenerational living. A back staircase leads to a versatile game room and three additional bedrooms, each with its own bath. But the true showstopper is the backyard. This beautifully landscaped oasis is designed with distinct zones for lounging, dining, and play, anchored by a resort-style pool with a natural rock waterfall, water slide, and spa. Entertain beneath the extended covered patio and cedar pergola, and cook in the fully equipped outdoor kitchen with a built-in grill and stone bar seating. Mature trees, lush gardens, and a sprawling lawn complete the grounds. A gated entrance leads to the garage, adding privacy and convenience. Additional highlights include a full-home water filtration system and epoxy garage flooring. For an additional fee, residents can enjoy a Gentle Creek Golf Club membership. Ideally located in one of Prosper's premier neighborhoods, this home delivers refined interior living and an unmatched outdoor retreat. Property is selling AS IS

Investor Tools

$452,530Estimated Mortgage Balance
$1,134,265Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,504 /month
Positive
Cash Flow Estimate:
$3,168 /month

Interested in this property?

Irina Norcross

American Dream Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,278/month
$395/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,418
$1,183,140
2025
$253,958
$929,182
$1,183,140
No

Tax History

Year
Tax Paid
Assessed Value
2024
$19,418
$1,183,140

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Great Western Financial Services Inc
Conventional
$510,400
No
First
Sep 21, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$452,530
$730,610
61%
29%
$3,061/mo

City: Prosper

1500 Gentle Way | Property Details | No Agent List