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$899,999

1611 Mcmaster Ln, Prosper, TX, 75078

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths4 Bath
Baths3,673 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$245.03 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
AppliancesBuilt-In Gas Range, Electric Oven
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Lot Size12,504 sqft

Building Information

Year Built2023
Stories2
Garage Spaces2

Land Information

APNR-12591-00B-0040-1
Lot Number4
SubdivisionCambridge Park Estates Phase 1 (Cpr)
Land UseResidential
Legal DescriptionCAMBRIDGE PARK ESTATES PHASE 1 (CPR), BLK B, LOT 4
Census Tract030304
Assessed Land Value$230,000
Assessed Improvement Value$597,087
Assessment Year2025

About this property

Welcome to this stunning 2023-built home offering the perfect blend of modern design, spacious living, and everyday comfort in highly sought-after Prosper ISD. Featuring 5 bedrooms and 4 full bathrooms, this beautifully designed residence offers an open-concept floor plan with abundant natural light and generous living spaces ideal for both entertaining and everyday living. The impressive two-story family room creates a grand, light-filled atmosphere and serves as the centerpiece of the home. The spacious kitchen is designed for both functionality and entertaining, with ample cabinetry, expansive counter space, and a seamless connection to the dining and living areas. The private primary suite provides a relaxing retreat, while additional bedrooms offer flexibility for guests, a home office, or a growing household. Thoughtfully designed throughout with contemporary finishes and a welcoming layout, this move-in-ready home combines style, space, and convenience. Enjoy the exceptional amenities and highly regarded schools of Prosper, along with easy access to shopping, dining, entertainment, parks, and major roadways. A wonderful opportunity to own a newer home in one of the area's most desirable communities!

Investor Tools

$517,052Estimated Mortgage Balance
$358,948Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,400 /month
Positive
Cash Flow Estimate:
$1,800 /month

Interested in this property?

nagajyothi Mailavaram

REKonnection, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,490/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,499
$827,087
2025
$230,000
$597,087
$827,087
No

Tax History

Year
Tax Paid
Assessed Value
2025
$13,499
$827,087

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$549,997
No
First
May 30, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$517,052
$358,948
40%
59%
$3,298/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.

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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