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$1,138,000

NAL Estimated Property Value

1600 Cottonwood Trail, Prosper, TX, 75078

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,600 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$290.28 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4.5Bathrooms Full 4.5
AppliancesGas Cooktop, Double Oven

Exterior

Lot Size11,326 sqft

Building Information

Year Built2019
Stories1
Garage Spaces3

Land Information

APNR-11898-0BB-0140-1
Lot Number14
SubdivisionStar Trail Phase Four (Cpr)
Land UseResidential
Legal DescriptionSTAR TRAIL PHASE FOUR (CPR), BLK BB, LOT 14
Census Tract030304
Assessed Land Value$315,000
Assessed Improvement Value$772,701
Assessment Year2025

About this property

This exceptionally maintained entertainer’s dream showcases soaring ceilings, vaulted wood-beamed ceilings, plantation shutters, fresh paint, upgraded carpet, and stunning hand-scraped hardwood floors. Designed for comfort and privacy, every bedroom features its own private ensuite bath—ideal for family, guests, or multigenerational living. The open-concept layout flows through oversized 3-pane sliding doors to a massive extended covered patio featuring motorized screens, built-in heaters, smokeless wood-burning fireplace with gas starter, and water feature—perfect for year-round entertaining. The upgraded kitchen offers two-tone quartz countertops, double ovens, upgraded gas cooktop & vent hood, coffee bar, butler’s pantry, walk-in pantry, appliance pantry, oversized refrigerator or freezer, and abundant storage. Oversized primary suite with spa-like bath and separate his-and-her closets. Bonus room, tandem 3-car garage with epoxy floors, plus resort-style living in Star Trail!

Investor Tools

Property Icon
$1,138,000
Estimated Property Value
$370,335Estimated Mortgage Balance
$767,665Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,828 /month
Positive
Cash Flow Estimate:
$2,276 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,331/month
$380/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$22,286
$1,087,701
2025
$315,000
$772,701
$1,087,701
No

Tax History

Year
Tax Paid
Assessed Value
2024
$22,286
$1,087,701

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$252,000
No
First
May 3, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$370,335
$767,665
67%
33%
$2,284/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,450/mo
$2,664/mo
+$786/mo
3.6%

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.

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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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1600 Cottonwood Trail | Property Details | No Agent List