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Days47Days on Market
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$1,000,000

$1,100,000

1600 Wichita Drive, Prosper, TX, 75078

On MarketInfo
Price DropInfo
Beds4 Beds
Baths5 Bath
Baths4,637 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$215.66 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4.5Bathrooms Full 4.5
AppliancesDishwasher, Disposal, Microwave, Refrigerator, Tankless Water Heater
FlooringCarpet, Combination, Tile, Wood

Exterior

Exterior FeaturesLighting, Private Yard
Lot Size14,053 sqft

Building Information

Year Built2018
Stories2
Garage Spaces3

Land Information

APNR-11056-00I-0070-1
Lot Number7
SubdivisionFrontier Estates Phase 3 (Cpr)
Land UseResidential
Legal DescriptionFRONTIER ESTATES PHASE 3 (CPR), BLK I, LOT 7
Census Tract030303
Assessed Land Value$231,000
Assessed Improvement Value$679,702
Assessment Year2025

About this property

Impressive north-facing home in the sought-after Prosper community, offering exceptional value and an elevated living experience. Thoughtfully designed with an open-concept layout, this home is ideal for both everyday living and effortless entertaining. Step inside to a grand staircase and soaring, awe-inspiring ceilings that immediately set the tone. Expansive windows fill the home with natural light, creating a warm yet sophisticated atmosphere that perfectly balances luxury and comfort. A dedicated home office provides a quiet, functional workspace. The expansive primary suite on the main level is a true private retreat, complete with its own lounge area and cozy fireplace. The spa-inspired en-suite bath features dual vanities, a prep vanity, a freestanding soaking tub, oversized walk-in shower, and even a dry sauna. The custom walk-in closet includes a built-in island dresser for added convenience and style. A guest bedroom with ensuite is also located on the main floor. Upstairs, enjoy a spacious game room, a dedicated media room, and two additional bedrooms—each with its own en-suite bath. Outdoor living is just as inviting, with a large covered patio and fireplace—perfect for year-round gatherings—overlooking a spacious backyard with privacy fencing. Located within a short commute to major road and highways 380, DNT, Preston, and 121. Zoned for top-rated Prosper ISD schools and offering easy access to a wide variety of grocery, retail, dining, and entertainment options such as PGA, Universal Theme Park, The Star in Frisco, Target, Walmart, Nordstrom Rack, TJ Maxx, Dicks Sporting Goods, REI, Costco, HEB, Kroger, Market Street, Whole Foods, and so much more, including the highly publicized 1000 acre Grand Park that just broke ground. This home truly has it all - location, lifestyle, and luxury at a great value. Schedule your tour!

Investor Tools

Property Icon
$1,089,000
Estimated Property Value
$0Estimated Mortgage Balance
$100,500Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,534 /month
Positive
Cash Flow Estimate:
$2,178 /month

Interested in this property?

Matthew Keeton

Monument Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,990/month
$74/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,432
$910,702
2025
$231,000
$679,702
$910,702
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,432
$910,702

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Affinity Llc
Conventional
$1,074,400
No
First
Mar 30, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$988,500
$100,500
9%
91%
$6,442/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,450/mo
$6,516/mo
$-3,066/mo
3.8%

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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1600 Wichita Drive | Property Details | No Agent List