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$520,000

NAL Estimated Property Value

16301 Dry Creek Blvd, Prosper, TX, 75078

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,148 Sq Ft
price_per_sqft$239.76 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Microwave
FlooringCarpet, Simulated Wood, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard, Rain Gutters
Lot Size9,940 sqft

Building Information

Year Built2007
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR302925
Lot Number14
SubdivisionArtesia Ph 1c
Land UseResidential
Legal DescriptionARTESIA PH 1C BLK 31 LOT 14
Census Tract020128
Assessed Land Value$149,396
Assessed Improvement Value$338,436
Assessment Year2025

About this property

Beautifully updated single-story home on a desirable corner lot in Prosper ISD, zoned to Richland HS. This move-in ready home features 3 beds, 2 baths, a dedicated office, and an open-concept layout filled with abundant natural light, creating an inviting atmosphere for both everyday living and entertaining. The chef-inspired kitchen, renovated in 2023, features abundant counter space, finishes, and an ideal layout for cooking, hosting, and gathering. Wood flooring throughout the main living areas and kitchen adds warmth and elegance. Additional updates include a remodeled primary bathroom (2022), newer roof (2022), and hot water heater installed in May 2026. The spacious primary suite offers dual his-and-hers closets and an updated spa-like bath retreat. Enjoy living an exceptional Prosper lifestyle in a community with two pools and fitness centers, parks, and walking trails. Conveniently located near the PGA headquarters, Omni PGA Resort, shopping, dining, and major commuter routes.

Investor Tools

Property Icon
$520,000
Estimated Property Value
$191,356Estimated Mortgage Balance
$328,644Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,120 /month
Positive
Cash Flow Estimate:
$1,040 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$603/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,631
$435,290
2025
$149,396
$338,436
$487,832
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,631
$435,290

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Funding Lp
Fha
$161,815
Yes
First
Oct 14, 2009
Nov 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$191,356
$243,934
56%
37%
$1,942/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,650/mo
$2,342/mo
+$308/mo
6.1%

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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