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$752,000

NAL Estimated Property Value

1630 Santa Fe Ln, Prosper, TX, 75078

$789,999 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,092 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$236.09 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Refrigerator, Tankless Water Heater

Exterior

Lot Size12,240 sqft

Building Information

Year Built2022
Stories2
Garage Spaces2

Land Information

APNR-12424-00P-0060-1
Lot Number6
SubdivisionFrontier Estates Phase 2 (Cpr)
Land UseResidential
Legal DescriptionFRONTIER ESTATES PHASE 2 (CPR), BLK P, LOT 6
Census Tract030303
Assessed Land Value$220,000
Assessed Improvement Value$490,392
Assessment Year2025

About this property

Why build when you can purchase this Brand New - 2023 NORTH FACING Meritage home in Frontier Estates. This energy-efficient , move-in ready home sits on an oversized lot with close to 12300 sq ft of land. Skip your commute and work from home in your office right off the main foyer. This thoughtfully laid out 2 story home has a spacious primary suite down & 3 more generous sized bedrooms up. Home features high ceilings, added 4th bathroom & 2.5 car garage. Those who like to cook will love this chefs dream kitchen with gas cook top, s.s. appliances, abundance of cabinet and counter space, and large pantry. This home has over $90,000 in upgrades and shows wonderfully throughout the home. Located in the heart of Prosper, this home is just minutes from the community pool & ample walking paths, shopping and great restaurants. Highly-acclaimed Prosper ISD schools makes this the perfect house to call your next home. Priced to sell

Investor Tools

Property Icon
$752,000
Estimated Property Value
$845,387Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$789,998
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,512 /month
Positive
Cash Flow Estimate:
$1,504 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,322/month
$880/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,102
$710,392
2025
$220,000
$490,392
$710,392
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,102
$710,392

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Devon Bank
Building Or Construction Loan
$884,104
No
First
Dec 19, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$845,387
N/A
0%
112%
$5,301/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,450/mo
$6,181/mo
$-2,731/mo
5.5%

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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