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$435,000

15920 Alvarado Dr, Prosper, TX, 75078

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,431 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.94 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListMust-SellAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave, Other

Exterior

Lot Size4,400 sqft

Building Information

Year Built2006
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR302799
Lot Number83
SubdivisionArtesia Ph 1b
Land UseResidential
Legal DescriptionARTESIA PH 1B BLK 10 LOT 83
Census Tract020128
Assessed Land Value$92,400
Assessed Improvement Value$353,779
Assessment Year2025

About this property

Location, Location...Did I say, LOCATION?! Highly acclaimed, A+ Prosper ISD. Close to Everything! This beautifully updated home that combines comfort, style, and functionality, features 3 spacious bedrooms, 2 full bathrooms, 1 half bath, and a dedicated home office, making it ideal for families, professionals, or anyone seeking extra space. The heart of the home is the well-appointed kitchen, showcasing beautiful granite countertops and ample workspace for cooking and entertaining. Elegant tile flooring flows throughout the main living areas, while the stunning fireplace creates the perfect setting for cozy evenings at home. Each bedroom offers the convenience of its own walk-in closet, providing generous storage and organization. With its thoughtful layout, desirable features, and move-in-ready condition, this home is ready for its next owner. Motivated seller—bring all offers! Don't miss this opportunity to own a wonderful home in one of Prosper's most sought-after communities. REALTORS: PLEASE READ PRIVATE REMARKS AND RELATE TO YOUR BUYERS!

Investor Tools

Property Icon
$481,000
Estimated Property Value
$239,580Estimated Mortgage Balance
$270,777Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,886 /month
Positive
Cash Flow Estimate:
$962 /month

Interested in this property?

Fabio Simoes

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$610/month
$332/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,911
$446,179
2025
$92,400
$353,779
$446,179
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,911
$446,179

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$239,580
No
First
Apr 27, 2020
Jun 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$211,105
$266,895
55%
44%
$1,437/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,450/mo
$1,769/mo
+$1,681/mo
8.6%

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.

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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15920 Alvarado Dr | Property Details | No Agent List