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$871,352

1621 Caruth Dr, Prosper, TX, 75078

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,933 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$289.46 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Dryer, Gas Cooktop, Gas Water Heater, Ice Maker, Microwave, Double Oven, Washer

Exterior

Lot Size11,050 sqft

Building Information

Year Built2020
Stories1
Garage Spaces3

Land Information

APNR-11921-00N-0020-1
Lot Number2
SubdivisionLegacy Gardens Phase 1 (Cpr)
Land UseResidential
Legal DescriptionLEGACY GARDENS PHASE 1 (CPR), BLK N, LOT 2
Census Tract030304
Assessed Land Value$265,000
Assessed Improvement Value$606,352
Assessment Year2025

About this property

Motivated seller! Stunning single-story home in Legacy Gardens in Prosper ISD offering nearly 3,000 sq ft of thoughtfully designed living space. Built in 2020, this home features 4 bedrooms, 3.5 baths, and a 3-car garage on a spacious quarter-acre lot. The open-concept layout centers around a chef’s kitchen with a large island, custom cabinetry, double ovens, and stainless appliances—perfect for entertaining. The private primary suite offers a spa-style bath with soaking tub, oversized walk-in shower, and large closet. Enjoy a covered outdoor living area and access to community amenities including a pool, park, and clubhouse in the highly desirable Legacy Gardens community.

Investor Tools

Property Icon
$871,352
Estimated Property Value
$377,570Estimated Mortgage Balance
$531,180Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,228 /month
Positive
Cash Flow Estimate:
$1,743 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,058/month
$828/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,345
$871,352
2025
$265,000
$606,352
$871,352
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,345
$871,352

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$377,570
No
First
Mar 12, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$340,172
$531,180
60%
39%
$2,264/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,450/mo
$3,092/mo
+$358/mo
4.8%

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.

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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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1621 Caruth Dr | Property Details | No Agent List