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$1,260,000

NAL Estimated Property Value

1591 BLUE FOREST Drive, Prosper, TX, 75078

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,828 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.99 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Double Oven, Electric Cooktop, Electric Oven, Ice Maker, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters

Building Information

Year Built2003
Stories2
Garage Spaces3

Land Information

APNR-4906-00B-0260-1
Lot Number26
SubdivisionHighland Meadows Phase Two (Cpr)
Land UseResidential
Legal DescriptionHIGHLAND MEADOWS PHASE TWO (CPR), BLK B, LOT 26
Census Tract030303
Assessed Land Value$300,000
Assessed Improvement Value$955,270
Assessment Year2025

About this property

Multiple Offers, the sellers are asking for highest & best by 5:00 pm today. Extraordinary Dave R. Williams Custom POOL Home on a 1 Acre Corner Lot. Highly Sough After Highland Meadows. Beautiful Hand-Scraped Hardwds, Large Living Rm has a Gorgeous Stone Fireplace. Gourmet Kitchen w Granite, SS Appliances, Family Size Eat-In Kitchen Nook & Tons of Cabinets. Master Suite w Walls of Windows Overlooking A Peaceful Backyard Oasis with Spa Bath & Large Custom Walk-In Closet. ALL Secondary Bedrms are DOWNSTAIRS. Exercise rm down. Upstairs offers a Half Bath, Game Room, Media Room and Craft Room. Extra Large Covered Patio w Built-In Outdoor Kitchen & Sparkling Heated Pool w Attached Spa, huge backyard. Prosper ISD

Investor Tools

Property Icon
$1,260,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,260,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,560 /month
Positive
Cash Flow Estimate:
$2,520 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,142/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,402
$1,255,270
2025
$300,000
$955,270
$1,255,270
No

Tax History

Year
Tax Paid
Assessed Value
2024
$19,402
$1,255,270

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,260,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,450/mo
$400/mo
+$3,050/mo
3.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1591 BLUE FOREST Drive | Property Details | No Agent List