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$685,000

1505 Coleto Creek Trl, Prosper, TX, 75078

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths3,575 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$191.61 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Dryer, Gas Oven, Microwave, Refrigerator, Vented Exhaust Fan, Warming Drawer
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size5,502 sqft

Building Information

Year Built2019
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR661980
Lot Number39R
SubdivisionArtesia Phase 5a
Land UseResidential
Legal DescriptionARTESIA PHASE 5A BLK 49 LOT 39R
Census Tract020128
Assessed Land Value$115,521
Assessed Improvement Value$548,162
Assessment Year2025

About this property

Step into your dream home with this exceptional, rare 4-bed home which offers a unique layout that is perfect for multigenerational living. You'll be greeted by the inviting open-concept living space on level 1. The main floor boasts a generous master suite, along with an additional bedroom for added convenience. This thoughtful design ensures that everyone has their own private retreat. On level 2, you'll find two more generously-sized bedrooms, playroom & media room. The HIGHLIGHT is the private guest apartment with a separate entrance. It's like having two homes under one roof! The suite includes a full kitchen, living area, bedroom, bathroom, & laundry closet. Whether you have multigenerational family living together or need to accommodate adult children or long-term guests, this space provides the perfect solution for harmonious coexistence. Artesia is known for its stunning beauty, excellent amenities, and a sense of community that's second to none. Your Dream home awaits!

Investor Tools

Property Icon
$663,683
Estimated Property Value
$612,000Estimated Mortgage Balance
$78,484Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,110 /month
Positive
Cash Flow Estimate:
$1,370 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$872/month
$332/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,140
$663,683
2025
$115,521
$548,162
$663,683
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,140
$663,683

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Provident Funding Associates Lp
Conventional
$612,000
No
First
Dec 29, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$585,199
$78,484
11%
88%
$3,670/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,450/mo
$4,002/mo
$-552/mo
6.2%

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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