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$1,136,453

NAL Estimated Property Value

1551 Sweetwater Ln, Prosper, TX, 75078

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths4,699 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$244.73 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4.5Bathrooms Full 4.5
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Electric Oven, Microwave, Double Oven, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesBuilt-in Barbecue, Gas Grill, Rain Gutters, Outdoor Kitchen, Private Yard
Lot Size14,000 sqft

Building Information

Year Built2017
Stories2
Garage Spaces4

Land Information

APNR-11156-00B-0130-1
Lot Number13
SubdivisionLakes Of La Cima Estates Phase Seven C (
Land UseResidential
Legal DescriptionLAKES OF LA CIMA ESTATES PHASE SEVEN C (CPR), BLK B, LOT 13
Census Tract030303
Assessed Land Value$285,000
Assessed Improvement Value$851,453
Assessment Year2025

About this property

This elegant 5-bedroom, 5-bath home has been meticulously maintained and upgraded by its owners and is situated on an expansive .321 acre lot in a highly sought-after neighborhood. The curb appeal is second to none, boasting cast stone window casings, a 3.5-car garage with epoxy flooring, a circular driveway, extended porte-cochere, and a welcoming courtyard. Step into a soaring two-story entryway that opens to an inviting floor plan adorned with hand-scraped hardwood floors. The chef’s kitchen is the heart of the home, featuring a large pantry and butler’s pantry with a beverage refrigerator, gas cooktop, Carrara Marble back splash, double ovens, under-cabinet lighting, quartz countertops, an apron sink, and ample cabinetry—all overlooking the spacious family room with a striking Carrara Marble fireplace and vaulted ceiling. Designed for entertaining, the backyard is a private retreat complete with synthetic grass, a putting green, a large covered patio, built-in grills, and direct access to a pool-ready bathroom. Additional highlights include a large media room, a climate-controlled custom storage room underneath the media room, an oversized laundry room with sink, cabinets and mudroom area, and a separate downstairs guest suite with its own private exterior entrance—ideal for multigenerational living or guests. The luxurious primary suite offers a wall of windows framing the lush backyard, tray ceilings, and a large custom walk-in closet with built-ins. Upstairs, you'll find three spacious bedrooms, charming custom barn doors, and a roomy loft. This exceptional home shows like a model—every detail thoughtfully curated for modern living. Lakes of La Cima offers exceptional amenities including 2 pools, one with splash pad for kids, parks, open spaces and walking paths. The homes proximity to a fire station is an added peace of mind, as the homeowners never lost power during the 2021 Texas freeze. Come experience the quality and comfort for yourself.

Investor Tools

Property Icon
$1,136,453
Estimated Property Value
$423,453Estimated Mortgage Balance
$713,000Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,900 /month
Positive
Cash Flow Estimate:
$2,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,769/month
$337/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,541
$1,136,453
2025
$285,000
$851,453
$1,136,453
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,541
$1,136,453

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$473,750
No
First
Nov 19, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$423,453
$713,000
62%
37%
$2,841/mo

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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1551 Sweetwater Ln | Property Details | No Agent List